2013 Kia Forte Koupe, Salvage, Fresh Water Damage, Runs And Drives, Navigation on 2040-cars

Auto blog

Hyundai Motor Group promotes heir apparent

SEOUL — Hyundai Motor Group promoted heir apparent Euisun Chung on Friday to a role of overseeing the conglomerate, moving him a step closer to succeeding his octogenarian father as head of South Korea's second largest group. Chung, 47, who will assist his father and group chairman Mong-Koo Chung, was appointed as executive vice chairman to respond to "deteriorating global trade issues and changes in competitive dynamics in major markets," Hyundai Motor Group said in a statement. Chaebols like Hyundai and Samsung Group, which have grown into global firms from the rubble of the 1950-1953 Korean War, are undergoing a transfer of power to third- or fourth-generation leaders. "In his new capacity, Executive Vice Chairman Euisun Chung will oversee the entire Group's operations, aiding and reporting to Chairman Mong-Koo Chung," the statement said. The appointment also comes as Hyundai battles tumbling profits, mounting pressure from activist shareholders to improve its governance, and amid South Korea's trade tensions with the United States that threaten to disrupt its production plans. "This is a good sign," Park Yoo-kyung, a director at Dutch pension fund APG Asset Management, said of the appointment. "This will enhance transparency about who is controlling the group and who is making key strategic decisions," she said. Generational shift The junior Chung, currently vice chairman of the group's crown jewel, Hyundai Motor Co, has stepped up in recent years, attending motor shows and government meetings with business leaders on behalf of his 80-year-old father who has made few public appearances. Shares in Hyundai Motor ended up 0.8 percent on Friday, and affiliate Kia Motors fell 0.3 percent in a wider market that rose 1.4 percent. Chairman Chung, the all-powerful boss, has presided over Hyundai for about two decades, transforming the company into the world's fifth-biggest car maker along with Kia Motors. Hyundai is now struggling to reverse slowing sales in China and the United States, where the company has suffered due to its delayed response to booming demand for SUVs. The appointment is part of an effort to "improve future competitiveness and secure future growth engines" at a time when the auto industry is undergoing major changes, the group said. The junior Chung has led the group's efforts to develop future vehicles such as autonomous and connected cars, as well as Hyundai's fledging premium brand Genesis.

2020 Kia Telluride Review & Buying Guide | A stylish and practical family hauler

The 2020 Kia Telluride joins the growing list of three-row family crossovers, adding a more rugged vibe to what has become a pretty sensible shoes segment. Its boxier styling and clean lines certainly imply that this big SUV could get dirty, although its rather pedestrian all-wheel drive system and average ground clearance would indicate it's mostly for show. Or at least, a hefty dump of snow. That's OK, folks wear outdoorsy garb from Mountain Hardwear and rarely visit the mountains. We're impressed by the new Telluride's spacious cabin, a massive features list and plenty of thoughtful, family-friendly details like USB ports in every row and second-row seats that slide and fold at the press of a button. The Telluride really steps things up in its range-topping SX trim, which unlike many competitors, looks and feels genuinely luxurious. The Telluride's well-balanced driving experience and impressive value round out a genuinely appealing three-row SUV that deserves serious consideration. What's new for 2020? The Telluride is an all-new model for Kia, filling the gap at the top of its SUV lineup. What's the interior and in-car technology like? Admittedly, we have only had contact with the ritziest, range-topping Telluride SX model that boasts soft, interestingly stitched leather, convincing faux wood trim, and a generally luxurious ambience that trumps everything else in the segment. Oh, and it costs less than range-topping rivals that actually have less equipment. Now, will an LX and EX be as swank? No, but the general quality of plastics, switchgear and other materials should still be above average. Every Telluride is also extremely well equipped. Check out the pricing and features section below for a full breakdown, but suffice to say, you don't need to pay top dollar to get heated and ventilated seats, sunshades and an abundance of infotainment features. Indeed, every Telluride comes standard with five USB ports, Apple CarPlay, Android Auto and satellite radio. An 8-inch touchscreen is standard (and is typically sized for the segment), yet the EX and SX features a wide 10.25-inch touchscreen that will not only impress your friends with its largesse, but it improves functionality as well. It brings with it wireless smartphone charging, integrated navigation and a grand total of seven USB ports spread throughout all rows.

Hyundai-Kia names former Audi, Lamborghini, Bentley designer as design chief

Luc Donckerwolke, former designer for both Bentley, Audi and Lamborghini, is succeeding Peter Schreyer as the lead designer for both Hyundai and Kia. This follows a significant shuffle within the Korean automaker's upper management. Schreyer — himself a former Volkswagen Group designer — will head design management. Chung Eui-sun, the son of company chairman and CEO Chung Mong-koo, was promoted as executive vice chairman. The head of Hyundai Motor America, Kyung Soo-lee, is leaving his position after just more than a year on the job. That's a lot of moving pieces at the top of Korea's largest automaker. Donckerwolke has been with Hyundai-Kia since 2015 when he left the Volkswagen Group to take over Genesis design. Some of his most famous designs include the Lamborghini Murcielago, Lamborghini Gallardo, Bentley Flying Spur and Bentley EXP 10 Speed 6. Schreyer led the design of the original Audi TT and has helped push forward Hyundai and Kia. The pair's influence can be seen and felt throughout the company's lineup. According to Reuters, part of the shakeup within the leadership follows a company announcement that third-quarter profits have fallen, sending shares to their lowest level in nine years. Related Video: