2005 Kia Sorento Lx Sport Utility 4-door 3.5l 4x4 With No Reserve on 2040-cars

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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.

Kia debuts the compact Seltos crossover in Delhi

The Kia Seltos has had an unusual gestation, with two concepts, exterior sketches, interior sketches, an effective reveal during a photo shoot, a christening via mythology and more teasers. Even so, since the Kia Seltos small crossover began as last year's SP concept for the Indian market, it's fitting Kia hosted the production model's debut in Delhi. We're still missing a few details, like the look of the production interior and drivetrain options, but we have a bit more to go on. The detailing and materials are what could set the Seltos apart in the segment. The overall lines are familiar, however, Kia designers have worked to make those lines lyric instead of prosaic. The front fascia's been defined by three transverse metallic-look pieces shaping the upper and lower forms. The wide tiger-nose grille gets bracketed by crisp splashes of color with the LED headlights and intricate turn signals. The rear end's creasing, shadow and metallic effects are bounded by LED taillights and more "3D multi-layer indicators." We've seen renderings of the interior and know to expect a 10.25-inch infotainment screen atop the instrument panel. That screen display can be split up to show three infotainment applications at once. Kia says there will be an available eight-inch heads-up display on a glass panel behind the steering wheel. Optional eight-speaker Bose audio can pump tunes that guide the optional Sound Mood Lighting, which uses ambient lighting to create a light show timed to the beat. Indian buyers will have a choice of a 1.6-liter turbo four-cylinder with 175 horsepower, a 2.0-liter four-cylinder with 147 hp, and a 1.6-liter diesel four with 134 hp. Kia didn't specify how the transmission options will be assigned, but the selection includes a seven-speed dual-clutch, a six-speed automatic, and a CVT. A three-mode driving selector offers Eco, Normal, and Sport. The Kia release said "Sport mode increases responses from steering and electric motor to maximize the dynamic driving feel." As there's no mention of hybridization, we wonder if the electric motor refers to the electrically-assisted power steering, or something else. Wheel choices for India start with 16-inch alloys on 205/60 rubber, moving on to 17-inchers on 215/55 rubber, topping out at 18-inch wheels on 235/45 tires. In one of the interior drawings, we noted buttons that appeared to control all-wheel drive, hill descent control, and a locking rear differential.

Electrify Expo is an all-electrified auto show like the old days

In late July, Autoblog swung by Washington, D.C. to check out the Electrify Expo. Now in its third year of nationwide shows, the Electrify Expo calls itself “North America's largest electric vehicle festival filled with over 1 million square feet of the world's top electric brands.” At every stop, visitors can find out about, crawl around in, drive and ride just about any personal conveyance that uses a battery for propulsion. Truth be told, when the show's PR team reached out to us with an invite, we only considered going after finding out about an area showcasing battery-electric tuner cars. EV tuning is undoubtedly going to be huge—eventually—which got us curious about these early days. We figured weÂ’d brave whatever the rest of the expo was to find out whatÂ’s the equivalent of nitrous for a Tesla. See, the EV event scene is still such that one never knows if theyÂ’ll show up to a mix of science and county fairs with a few cars on display just for truth in advertising, or if theyÂ’ll show up to a parking lot with 26 cars, 10 of them locked, 10 of them homemade, and 6 guarded by promotional hires desperate to tap all your identifying info a tablet before dispensing dubious and superficial information. Which is to say, we didnÂ’t expect much. And that makes us chuffed to report: Electrify Expo is great. We hadnÂ’t been strolling the lot outside the old RFK Stadium for five minutes before thinking, “This feels like an old-school auto show!” The exclamation to that point came from a group of four who cut me off to reach the C40 Recharge in the Volvo booth, one of them exclaiming as if he were the group expert and as if his friends were deaf, “THATÂ’S THE LEAST EXPENSIVE ONE! AND ITÂ’S BEEEE-YOUUUUU-TI-FULLLLLL!” I wasnÂ’t there to judge, I was there for the enthusiasm. Automakers had built small, simple, open booths, parked cars in them, then provided visitors the kind of interactions that will do the most good for anyone wondering about or interested in an EV. We only saw two cars that were off limits, the new Volkswagen ID.Buzz and the Ford F-100 Eluminator. Volvo wouldnÂ’t let me get an espresso from their chic little trailer, either, unless I visited the EX90 Experience trailer first. Otherwise, it was a free-for-all. Tesla had a large booth full of cars. BMW had two i7s open for everyone to sit in, next to the Ford booth with that Eluminator and an unlocked Mustang Mach-E GT and F-150 Lightning showing their cooler-chest-frunk trick.