2012 Kia Optima Lx on 2040-cars

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Hyundai sales slump in China over North Korea, standoff with Chinese partner

BEIJING/SEOUL — Hyundai is at loggerheads with its Chinese partner over efforts to cut supplier costs, as they grapple with cutthroat competition and the impact of a standoff between Beijing and Seoul. Hyundai, along with affiliate Kia, has been caught up in a political row over a missile defense system that is being deployed in South Korea, but opposed by China, as tensions grow over North Korean missile tests and last week's test of a nuclear bomb the North claims can be mounted on a missile. Sales of Hyundai cars in China have been falling, part of a backlash against South Korean brands over the missile system that China views as a threat to its own national security. On Tuesday, South Korea asked the United States to lift a limit on the explosive payloads it can use in the missile system. This as a North Korean missile, believed to be an intercontinental ballistic missile, was being tracked by intelligence services being moved on the ground toward North Korea's west coast and a possible launch site. That has come against the backdrop of ever tougher competition from local Chinese automakers. Until last year, Hyundai and Kia ranked third in China by sales. But Hyundai's sales alone have slumped 41 percent from January to July, fraying relations with local partner BAIC Motor Corp and making this the biggest crisis since Hyundai entered the Chinese market in 2002. Last month, Hyundai suspended production at its four China plants for a week after a French supplier refused to provide fuel tanks when its bills went unpaid. On Tuesday, Hyundai suspended production at one of its plants in China after a German firm went unpaid. Hyundai and BAIC — whose Beijing Hyundai joint venture is a 50:50 partnership — are divided over how to solve the issue of suppliers and tougher competition. Hyundai wants to protect its South Korean supply chain, while BAIC favors shifting to cheaper Chinese suppliers to cut costs, the people said. "BAIC wants to solve this aggressively and is ... asking Hyundai to change its sourcing strategy significantly and immediately," said the head of a Hyundai supplier based in Seoul, adding the idea was to source more locally from cheaper suppliers in China. Hyundai wants to solve this more gradually "over perhaps 5-10 years and do so in phases," the person said. BAIC declined to comment.

2014 Kia Forte Koup bows with new look, new engine

Third time's the charm. The final member of Kia's Forte trio has been revealed here at the New York Auto Show, and this new coupe Koup will join the sedan and five-door models when it goes on sale near the end of this year.
The two-door Forte looks sharp, and we like the way Kia's new design language for its compact car has translated onto this coupe model. LED running lights are found up front, matching the LED taillmaps at the rear. EX models will ride on 16-inch alloy wheels, while the upgraded SX model will use 18-inch rollers.
Two powertrains will be offered in the Forte Koup: a 2.0-liter naturally aspirated inline-four in the EX, producing 173 horsepower and 154 pound-feet of torque, mated exclusively to a six-speed automatic transmission; and a turbocharged 1.6-liter four in the SX, rated at 201 horsepower and 195 pound-feet of torque, available with either a six-speed manual or automatic transmission. The five-door Forte also gets this turbocharged mill, and if its specs sound familiar, it's because this engine is also found under the hood of the Hyundai Veloster Turbo.

Kia Telluride three-row SUV pricing revealed

Kia has got a certified looker on the way in the 2020 Telluride, and now the mid-sized, three-row SUV has a price. The base, two-wheel drive LX starts at $31,690, plus $1,045 for destination, totaling $32,735. That's $5,400 more than the three-row Sorento, which is noticeably smaller. In relation to competitors, the Telluride's price is $310 more than the 2019 Toyota Highlander, $240 more than the 2019 Honda Pilot, $155 less than the Subaru Ascent. As is Kia's wont, there's a lot of standard equipment in that base spec. The LX comes with eight-row seating done up in Sofino synthetic leather, an eight-inch touchscreen infotainment and USB charge ports for all three rows, smart key with pushbutton start, park distance warning in reverse, and 18-inch wheels. Standard safety features include forward and rear-cross-traffic collision avoidance, blind spot monitoring, smart cruise control with stop and go, rear occupant alert, and second-row safe exit assist. The S trim level starts at $35,035. It swaps eight-row seating for seven seats thanks to the second-row captain's chairs, and rides on 20-inch wheels. The driver gets a 10-way power seat, both front passengers get heated front seats and a power sunroof, and everyone gets "upgraded interior trims." The EX brings genuine leather, but goes back to eight-passenger seating and 18-inch wheels. The infotainment screen grows to 10.25 inches, both front seats get heating and cooling, the passenger gets eight-way adjustability, and there's a power liftgate in back. The top-model SX starts at $42,535, and hops back over to seven-passenger seating and 20-inch black wheels. Premium touches include LED headlights, dual sunroofs, a digital instrument cluster, Harman/Kardon audio, and a 360-degree outside-view camera. A $4,000 Prestige Package for the SX adds all-wheel drive, Nappa leather with premium headliner and trim, a head-up display and heated steering wheel, and climate-controlled second-row captain's chairs. Before the obligatory minor options and accessories, a loaded Telluride will cost $46,935. Every trim gets the 3.8-liter V6 with 291 horsepower and 262 pound-feet of torque, shifting through an eight-speed automatic transmission. When equipped with all-wheel drive and a trailer hitch, the Telluride can pull 5,000 pounds. Since the Sorento offers all-wheel drive on the LX and EX models as well, we expect the Telluride to do the same. On the Sorento, AWD comes as a standalone option for $1,800.