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Kia reveals Niro concept in Frankfurt, by Frankfurt and for Frankfurt

Although the Frankfurt Motor Show may be home turf to a half dozen German automakers, Kia won't have far to go when it wheels its new concept over to the Messe for the exposition in a couple of weeks. That's because the show car you see here was designed less than a kilometer away from the convention center at Kia's European design center.
It's called the Niro, and it's designed to gauge public interest - particularly the European public's - for a potential new B-segment model. Kia's not saying much else about the project, only that it was directed by its chief European designer Gregory Guillaume and that it "combines a mischievous character in a clearly robust and substantial yet stylish bodyshape" and that it incorporates stainless steel and other materials into its shape.
What we can see from the images (which you can view in the gallery above) distributed with the press release (below) is a compact crossover coupe with Kia's trademark grille (part of the neon green accents), a contrasting greenhouse, and butterfly doors to access a molded cockpit with widescreen infotainment display. For more than that, though, we'll have to wait until the concept is revealed in Frankfurt on September 10.

Hyundai, Kia announce buyback plan for angry Korean investors

Hyundai's controversial decision last September to move its Korean headquarters to an expansive (and expensive) new facility was met with a swift backlash by shareholders. After making the biggest land purchase in South Korean history, the company's share price took a nine-point nose dive.
Now, in a bid to get back in the good graces of its stockholders, Hyundai and its subsidiary, Kia, will make a $615-million stock buyback plan. Reuters claims this is the first time in ten years that Hyundai has made a buyback offer with the explicit purpose of pumping up share prices.
The total deal bumped up Hyundai's share prices 5.7 percent while Kia is up two percent, although neither company has fully recovered from the battering that followed the headquarters announcement. It's unclear what else it will take for Hyundai to recover the ground it lost during the land deal.

Kia Sorento Plug-In Hybrid breaks cover, but will U.S. get it?

Kia teased a Sorento PHEV earlier this year when it revealed what powertrains would be available for the redesigned crossover. Today, we have the details on this forthcoming plug-in hybrid variant. The only catch is the lack of U.S. market information. Kia has revealed the Sorento PHEV for Europe, but there’s no word on whether it will come here, too. After seeing the powertrain details, though, we think thereÂ’s a very good chance it could succeed in America. For starters, the plug-in Sorento is powerful. It uses a 1.6-liter turbocharged four-cylinder and a single electric motor for forward motion, resulting in 261 horsepower and 258 pound-feet of torque combined. The 1.6-liter engine takes advantage of HyundaiÂ’s new CVVD technology to boost efficiency and power. And the electric motor is new and improved for this model, benefiting from a new two-stage lamination process to reduce noise and vibration levels. A six-speed automatic transmission handles shifting duties. Kia is packing a 13.8 kWh lithium-ion battery pack underneath. Range estimates are not yet available, but Kia says its “all-electric range will be sufficient to enable drivers to complete most short drives on electric power alone.” WeÂ’re guessing it will be something around 25 miles in EPA testing, assuming we ever see EPA estimated figures. Kia is introducing new battery tech with this model, too. The Sorento Plug-In Hybrid will be the first Kia to use an independent battery pack water-cooling system. Kia says it ensures optimal heat management and efficiency of the battery pack. Luggage capacity is essentially unaffected, losing just 0.14 cubic-foot of space versus the standard Hybrid. Everything remains the same visually except for “eco plug-in” badges and the presence of a charge port. The 12.3-inch digital instrument cluster is reprogrammed to display pertinent information for the new powertrain, and the 10.25-inch touchscreen infotainment system will feature charge port finder functionality. Kia says Sorento Plug-In Hybrid sales will start in early 2021 in select markets. No official U.S. information is available at this time, but weÂ’ve asked Kia to tell us what it can and will update this post when we hear back. Related Video: