2012 Kia Optima Ex Moose Customs Sema Award Winner on 2040-cars

Auto blog

Hyundai Motor shares slide following U.S. probe of airbag failures

SEOUL — Shares in Hyundai Motor tumbled on Monday on a U.S. probe into why airbags failed to deploy in some of its Sonata sedans, with investors fretting about potential recall costs for the once popular cars. The probe, which follows crashes that reportedly killed four people and left six injured, will review the 2011 Sonata sedan as well as the 2012-2013 Forte made by affiliate Kia Motors, encompassing some 425,000 vehicles. It marks the second investigation by the U.S. National Highway Traffic Safety Administration into the South Korean duo in less than one year, exacerbating headaches for Hyundai which reported in January its worst annual earnings in seven years. Hyundai has issued a recall for more than 150,000 U.S. Sonatas after incidents of non-deployment were linked to electrical overstress in the airbag control unit, but said it did not have a final fix. "What I am concerned about is that the recall will be expanded to other markets," said Ko Tae-bong, an analyst at Hi Investment & Securities. The Sonata and Forte sedans were responsible for driving sales for Hyundai and Kia in key markets in recent years, although they are no longer as popular as they once were. Ko estimated the U.S. recall could cost as much as $575 million if airbags were replaced in 425,000 vehicles under review and the automakers were found responsible for the problem. Hyundai Motor shares tumbled 4.8 percent while Kia Motors lost 3.7 percent. Parts supplier Hyundai Mobis fell 5.4 percent while the broader market was down 0.7 percent. Hyundai declined to comment on whether the recall would be expanded. Kia said it has not confirmed problems with the airbags but added it would "act promptly to conduct a safety recall, if it determines that a recall would be appropriate." The automakers told the South Korean regulator that the Sonata and Forte models sold in the domestic market were not affected, an official at South Korea's transport ministry told Reuters. The U.S. regulator said the airbag control units were built by ZF Friedrichshafen-TRW, a German auto supplier that acquired TRW Automotive in 2015, adding that it would determine if any other manufacturers used similar airbag control units and if they posed a safety risk. The NHTSA also said that electrical overstress appeared to be the root cause in the 2016 recall by Fiat Chrysler America of 1.4 million U.S. vehicles for airbag non-deployments in significant frontal crashes.

2021 Kia Telluride Review | What's new, prices, safety and pictures

It's a rare thing when a three-row family conveyance can be deemed cool, but we're pretty sure the 2021 Kia Telluride manages to pull it off. Credit almost entirely goes to its refined, tastefully adorned and classically proportioned styling. There's a little Volvo here and a little Range Rover there, but those are certainly good muses to have. The aesthetic appeal carries inside as well. However, there's more than just good looks here. The Telluride also manages to check off nearly every functional box as well. It's one of the most spacious three-row crossovers, has plenty of family-friendly storage solutions, boasts user-friendly technology and comes standard with an abundance of well-executed safety features (plus its upgrade blind-spot warning system was named Autoblog's Tech of the Year). The driving experience is admittedly a bit forgettable, but it's also free from bad habits. In short, no other three-row family crossover does a better job of both fashion and function. It's a must drive. What's new for 2021? The Telluride gains a new Nightfall Edition following an industry trend of special trim levels or packages slathered in blacked-out body trim. Unlike many of those other examples, however, the Telluride Nightfall Edition (pictured here) is available in eight colors, including its exclusive new-for-2021 Wolf Gray. Other updates include the addition of standard remote ignition, an upgraded trailer harness and LED headlamps added to the EX Premium package. Prices increase between $400 and $850 depending on trim level, including the destination charge that also goes up a bit for 2021 to $1,170. Apparently, it costs a little more to ship the thing from Georgia this year. What are the Telluride interior and in-car technology like? Admittedly, we've 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 nearly everything else in the segment (it's a coin flip between it and the mechanically related Hyundai Palisade). It also 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.

Trump wants a trade deal, but South Korea doesn't want US cars

SEOUL - US auto imports from the likes of General Motors and Ford must become more chic, affordable or fuel-efficient to reap the rewards of President Donald Trump's attempts to renegotiate a trade deal with key ally South Korea, officials and industry experts in Seoul say. Meeting South Korean President Moon Jae-in last week in Washington, Trump said the United States would do more to address trade imbalances with South Korea and create "a fair shake" to sell more cars there, the world's 11th largest auto market. "What we really want to say to the United States is: Make good cars, make cars that Korean consumers like." While imports from automakers including Ford, Chrysler and GM more than doubled last year largely thanks to free trade deal which took effect in 2012, sales account for just 1 percent of a market dominated by more affordable models from local giants Hyundai and affiliate Kia. Imports make up just 15 percent of the overall Korean auto market, and are mainly more luxurious models from German automakers BMW and Daimler AG's Mercedes-Benz, which also benefit from a trade deal with the European Union. "Addressing non-tariff barriers would not fundamentally raise the competitiveness of US cars," a senior Korean government official told Reuters, declining to be identified because of the sensitivity of the subject. "What we really want to say to the United States is: Make good cars, make cars that Korean consumers like." TASTE BARRIER In Korea, US imports are seen as lagging German brands in brand image, sophistication and fuel economy, industry experts say. US imports do have a competitive advantage in electric cars: Tesla Motors' electric vehicles are seen as both environmentally friendly and trendy, while GM has launched a long-range Bolt EV. US Commerce Secretary Wilbur Ross had cited a quota in the current trade deal as an obstacle to boosting imports. The quota allows US automakers to bring in each year 25,000 vehicles that meet US, not necessarily Korean, safety standards. Should GM, for example, decide to bring in more than its quota of one model - the Impala sedans - it would cost up to $75 million to modify the cars to meet Korean safety standards, the company told its local labor union. Asked about non-tariff barriers, a spokesman at GM's Korean unit said removing them could expand the range of models the company can bring in from the United States. No US company, however, has yet to make full use of the quota, industry data shows.