2003 Hyundai Santa Fe Gls Sport Utility 5-door 2.7l on 2040-cars

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Hyundai, Kia announce buyback plan for angry Korean investors

Hyundai's controversial decision last September to move its Korean headquarters to an expansive (and expensive) new facility was met with a swift backlash by shareholders. After making the biggest land purchase in South Korean history, the company's share price took a nine-point nose dive.
Now, in a bid to get back in the good graces of its stockholders, Hyundai and its subsidiary, Kia, will make a $615-million stock buyback plan. Reuters claims this is the first time in ten years that Hyundai has made a buyback offer with the explicit purpose of pumping up share prices.
The total deal bumped up Hyundai's share prices 5.7 percent while Kia is up two percent, although neither company has fully recovered from the battering that followed the headquarters announcement. It's unclear what else it will take for Hyundai to recover the ground it lost during the land deal.

Hyundai files patent for smartphone feature disabler in proximity to steering wheel

Combatting driver distraction continues to be a hot topic in automotive safety, especially when it comes to young motorists. While simply not using a smartphone behind the wheel would fix much of the problem, automakers are trying to work out complicated ways to make people safer. For example, GM is experimenting with head and eye tracking to make sure folks are paying attention to the road. Now, Hyundai might have come up with a technology that offers a very simple fix: disable the phones. The Korean automaker explains the idea in explicit detail in a recently published patent. The tech specifically "limits or disables the use of some of mobile device features which could cause distraction to the user," according to the abstract. Depending on variables like the vehicle's speed, the system determines what smartphone functions are safe to use, including texting or voice calls. Based on a plethora of permutations in the document, these restrictions could only be for the area around the driver's seat or for the whole vehicle. The key to the patent is placing antennas around the vehicle and monitoring for cellular signals. When the system detects them, it can begin selectively deciding what features to allow on the device. The tech isn't a simple on/off switch either, and can possibly detect the time of day or importance of the caller to let messages though. The major downside to all of this is the phone would need to run a specific program or firmware for all of this to work. With such a recently published patent, it might be years before the tech arrives in Hyundai vehicles, if at all. Still, this is an interesting solution. Of course, it would be far simpler if people just put down their phones. You can read the full description of the automaker's concept, here. News Source: Free Patens Online via US Patent and Trademark Office Auto News Hyundai Technology Emerging Technologies Smartphone distracted driving patent cell phone driver distraction

Hyundai offers three free years of Blue Link safety tech [w/videos]

As of now, the Assurance Connected Care service that Hyundai introduced at the New York Auto Show with the 2014 Genesis sedan is complimentary for three years on any vehicle equipped with the company's Blue Link telematic systems. It's the third service package to join the Blue Link suite, after Essentials and Guidance.
Assurance Connected Car provides owners with monthly vehicle reports, maintenance alerts, notification of diagnostic trouble codes and safety features like SOS emergency assistance and automatic collision notification sent to Blue Link agents. The service can also be transferred to new owners within the three-year timeframe. Owners who already have Blue Link can add Assurance Connected Care "at a reduced price," but Hyundai hasn't said what that price is yet.
There's a press release below with more details and four commercials to show you just what you could be missing out on.