2013 Sorento Leather 3rd Row Infinty Stereo Park Assist Bluetooth Chrome on 2040-cars

Auto blog

Hyundai, Kia earmark $760 million to settle U.S. lawsuits over engine fires

SEOUL — Hyundai and affiliate Kia have earmarked 900 billion won ($758 million) to settle U.S. class action litigation and address engine-related issues including fires and failures in the United States and South Korea. The move marks the South Korean auto giant's first major effort to resolve years of trouble over engine defects that have also sparked probes by the U.S. safety regulator and prosecutors. Hyundai Motor will make a provision of about 600 billion won in its July to September earnings while Kia will book one for about 300 billion won, they said on Friday. Hyundai and Kia said in a statement that under the U.S. settlement they would install software to monitor for symptoms of engine failure and take other steps, including offering compensation options and lifetime warranties. A total of 4.17 million Hyundai and Kia models equipped with Theta II gasoline direct injection (GDI) engines, which were sold in naturally aspirated 2.0-liter and 2.4-liter displacements, and had a turbocharged derivative, will be affected by the U.S. settlement. Hyundai and Kia, together the world's fifth-biggest automaker by sales, recalled nearly 1.7 million vehicles in the United States to address the possibility of engine fires. In November, Reuters reported that U.S. federal prosecutors had launched a criminal investigation to determine if the recalls had been conducted properly. Since 2017, the U.S. safety regulator has been investigating whether the recalls covered enough vehicles and were conducted in a timely manner. The investigation comes after Kim Gwang-ho, then an engineer at Hyundai, flew to Washington in 2016 to tell the National Highway Traffic Safety Administration (NHTSA) the companies should have recalled more vehicles over the problem, citing an internal report. Hyundai Motor at that time denied allegations. The NHTSA this year opened a fresh investigation into 3 million Hyundai and Kia vehicles after reviewing reports of more than 3,000 fires that injured more than 100 people. That probe came in response to a petition seeking an investigation filed in June by the nonprofit Center for Auto Safety.

2021 Kia K5 fuel economy tops out at 32 mpg combined

In May, the EPA's FuelEconomy.Gov site listed three sets of initial fuel economy figures for the 2021 Kia K5, a move that helped confirm the end of the Optima name. The EPA has fiddled with the data set since then — the site doesn't list an all-wheel drive K5 anymore, for instance — but Kia has done us the favor of providing complete mpg numbers for every K5 trim except the flagship GT. The entry-level K5 LX with front-wheel drive gets 29 miles per gallon in the city, 38 on the highway, and 32 combined. This lines up with a model on the EPA site that's listed with stop/start on the 1.6-liter turbocharged four-cylinder. Most notably, the K5 LX sips a lot less fuel than the entry-level 2020 Kia Optima LX. The Optima LX houses a 2.4-liter four-cylinder with 185 horsepower and 178 pound-feet of torque — five horses up but 12 lb-ft down on the K5 — and gets 24 city, 32 highway, 27 combined. And the K5 only costs $100 more than the Optima. Among the competitive set, the in-house rival Hyundai Sonata in entry-level SE trim gives up one mile per gallon in the city to the LX, otherwise the two are equal. The Sonata SE, though, gets motivated by a 2.5-liter four-cylinder with 191 hp and 181 lb-ft. The Sonata SEL Plus with the same 1.6-liter as the Kia but costing $4,000 more returns 27 city, 36 highway, 31 combined. Outside the fold, the Toyota Camry ultimately evens out the fuel economy score in delivering 28 mpg city, 39 highway, 32 combined. The Honda Accord edges all comers with 30 mpg city, 38 mpg highway, and 33 combined thanks to its continuously variable transmission; the other three shift through eight-speed automatics. The front-wheel drive K5 LXS, EX, and GT-Line all return 27 mpg city, 37 mpg highway, and 31 mpg combined. The figures match a K5 model on the EPA site that omits the stop/start system on the 1.6-liter, but we can't see where Kia has mentioned a stop/start system in its K5 release materials. About 100 pounds difference in curb weight covers all four trims that we have info on so far. This would appear to indicate the lack of the fuel-saving tech on the three trims causing slightly lower fuel economy as opposed to extra luxuries weighing matters down. Only two trims for now come with the option of all-wheel drive, the LXS and GT-Line. When the K5 GT arrives, it will only come with all-wheel drive. Check the box to send power to all the wheels, and both variants deliver 26 mpg city, 34 mpg highway, 29 mpg combined.

Hyundai-Kia dealer offers $180k in gift cards to local residents

In many smaller communities, auto dealers are often major players in the local business and political world, and they interact with large portions of the population. Now, Grand West Hyundai and Grand West Kia in Grand Junction, CO, are putting their marketing dollars to work in a way to help the local economy, while also potentially generating some sales at the same time. Over the next six months, the dealers are contacting about 8,000 previous customers and offering them a gift card worth at least $50 to over 100 of the city's shops and restaurants (pictured above), according to Automotive News. All people need to do to receive the certificate is stop by the showrooms. Hopefully, the visitors would check out a new Hyundai or Kia at the same time. "We'd love to sell them a new car, but it is really a customer-appreciation gesture," said Ken Reeher, the dealers' marketing manager, to Automotive News. The two stores already bought about 3,600 cards with $181,000 going into the local economy. Paying people to come to the showroom isn't really new but generally works well. The Colorado dealers expect around half of the people they contact to visit for the gift card, which is still significantly more foot traffic than from traditional mailings. The decision to keep the cards local also means more money goes to small businesses, and the move gains goodwill in the community, too. News Source: Automotive News - sub. req.Image Credit: Aaron Hoffman Marketing/Advertising Hyundai Kia Car Buying Car Dealers colorado