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Goes Both Ways: Free-trade pact sees South Korean brands losing share at home

France has been vocal, but not alone, in noting the rise of the South Korean automakers in Europe. The signing of a free-trade pact in 2011 between South Korea and the EU, along with the especially value-conscious buyers in a crisis-stricken Europe, has seen market share increases measuring in the double digits for Hyundai and Kia - analysts expect 14-percent growth for the two in 2012.
A report in Bloomberg has found that there's pain at the other end, too: The pact more than halved import tariffs on European cars headed to South Korea to 3.2 percent, and prices are now close enough to domestic offerings for more South Koreans to pay the premium for foreign luxury nameplates and the cachet they confer. Products sold by the five domestic automakers hogged 92 percent of the market last year, and sales have dropped 5.2 percent this year whereas import sales have risen by 24 percent. This will mark the first year that imports claimed ten percent of the market; compare that to 2002, when domestic market share in the world's 11th largest auto market was 99 percent.
The Germans are at the head of the arrow, counting for 65 percent of imported car sales, but every foreign maker has seen double-digit gains. Analysts think foreign makes could ultimately grab 15 percent of the market.

Kia Niro EV revealed in Korea

The Kia Niro EV has been introduced at the Busan International Motor Show. The manufacturer says its fully electric Niro compact crossover will go on sale in its home market this year, with global sales starting later. Kia already showed the production Niro EV last month, but at that point no power figures were announced. We know them now, and the 204-horsepower rating, together with a 291 pound-foot figure, match the Hyundai Kona EV. Under the trunk floor is a 64-kWh lithium polymer battery pack, which according to Kia is good for 236 miles on a single charge. A 100kW fast charger will get the battery to 80 percent capacity in 54 minutes. There's also a smaller battery pack available with a 149-mile range from 39.2 kWh. This presumably comes with a cheaper purchase price. Also revealed is the Niro EV interior, which features a different center console and gear selector than the hybrid and plug-in hybrid (much as the Hyundai Ioniq Electric does compared to its part-gasoline siblings). Also different is the special LCD instrument cluster and the 7-inch touchscreen infotainment system that gets special EV features like charge point location services and a battery pack charge indicator. A mood lighting system is also offered, similarly to the K900 flagship sedan. There's also a driver assist suite, consisting of collision warning systems, adaptive cruise control, "Intelligent Stop & Go" and Lane Following Assist, which Kia calls a Level Two autonomous technology. Like other such systems, it uses the adaptive cruise control and lane-keeping assist systems to control the accelerator, brakes and steering when on a highway. The system functions between 0 and 80 mph. Related Video: Featured Gallery 2019 Kia Niro EV Image Credit: Kia Kia Crossover SUV Electric

2020 Kia Cadenza shows its new face in mid-cycle refresh

When we drove the all-new 2017 Kia Cadenza a few years back, our main takeaway was that "it's fine." There was nothing particularly remarkable about it, but it's a solid sedan. With the facelifted and refreshed 2020 Cadenza just revealed today, Kia looks like it's reaching a bit more, in an attempt to move beyond general goodness. The 2020 Kia Cadenza, teased last week, takes a stab at bold design. A concave V-shaped grille is the main styling element up front, as our eyes constantly drift to that funky chrome every time we examine the car. It looks like Kia was just riffing off the old grille, and decided to make it bigger while adding in a crease. Those headlights are new, too. They're much narrower and smaller than the old units, and we think they help the face of the new car tremendously. Kia attacked the rear of the Cadenza in a similar fashion. The taillights now stretch across the entire rear of the sedan, connected by an interesting dashed line coming in from both sides and meeting in the middle. It's just another example of Hyundai/Kia designing taillights with a sense of style. We're reminded of the new Hyundai Sonata that went in a bold new path itself at the NY Auto Show. Changes to the interior are relatively significant for just a mid-cycle refresh. There's a new, widescreen 12.3-inch touchscreen that forced a new air vent layout. Along with the rethought center stack, the center console gets changed up with a new gear shift lever and button/storage layout below that. It all comes off as a much more premium design than before. Adding further to that motif is a digital gauge cluster seen on this model. The Cadenza is supposed to be a luxurious sedan, and Kia is certainly answering the call with added tech on the interior. Unfortunately, we're still in the dark from a powertrain perspective. The Cadenza is currently offered in the U.S. exclusively paired to a 3.3-liter V6 and eight-speed automatic transmission. This reveal today was for the Korean-spec K7, (same as our Cadenza), so U.S. powertrain options remain unspoken. We'll expect details on the U.S. spec car to drop before the end of the year, and for this model to go on sale later in 2019 or sometime in 2020.