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Hyundai swims against the current with new i20 Coupe

Coupefying hatchbacks is all the rage in the European market these days. Its what Opel and Vauxhall did with the latest Astra, and what Renault did with the Mégane, and now Hyundai is preparing to follow a similar formula, only in a smaller form.
While the i30 is the model with which Hyundai competes with the aforementioned Astra and Mégane, to say nothing of the Volkswagen Golf and Ford Focus, it's the smaller i20 - recently introduced in five-door form - which the Korean automaker plans to give the coupe treatment.
Previewed in the teaser image above, the upcoming new i20 Coupe will enter a somewhat shrinking market for three-door superminis. Though the VW Polo, Ford Fiesta, Peugeot 208 and Opel Corsa are still available with three portals, their forms are otherwise no more coupe-like than their five-door counterparts. (Mini has tried a similar approach with its Coupe, and Citroën has forked the C3 five-door and DS3 three-door, but those are decidedly more upscale offerings.) Alongside the Seat Ibiza, Hyundai is one of the few mainstream automakers offering three-door superminis significantly distinguished from its five-door versions.

Insider trading ahead of Hyundai-Kia MPG debacle suspected

Reuters is reporting that large-scale insider trading may be at the heart of some particularly fishy stock-selling behavior, just prior to the original announcement about the Hyundai-Kia fuel economy ratings debacle.
On November 1st, Hyundai-Kia shares traded roughly 2.2 million times (the single highest-volume day of the year), and the stock price fell by about four percent. For reference, a standard daily trading volume for the stock in 2012 saw about 600k shares trading hands. On November 2nd, the company made public the bad news about the dropping fuel economy ratings for many of its models. In other words: No one outside of the company (and only a smallish group inside the company, we'd imagine) should have known anything about the impending bad news as of the first day of November. After the announcement, the stock price tanked, as you'd expect, and trading volume was way down as well.
Experts seem fully aware that the whole thing reeks of leaked information and subsequent insider trading. If chicanery on this sort of scale seems wacky to you, you'd be inline with the experts who report to Reuters that the level of trading is absolutely suspicious.

Hyundai dumps Genesis Coupe for upscale model

Hyundai has confirmed that it is killing off the Genesis Coupe after the 2016 model year. A replacement for the coupe is expected to come after 2017, but it will fit into the automaker's luxury sub-brand, Genesis. "In regards to the Genesis Coupe, 2016 will in fact be the last model year for this popular, rear-drive sporty coupe," Christine Henley, Product PR Manager for Hyundai, told Autoblog. The vehicle is being replaced by something that fits better into the new Genesis brand's lineup. "A new, more sophisticated and luxurious coupe appropriate for the new Genesis brand is currently under development." Previous rumors surmised that the coupe will get a 3.3-liter turbocharged engine, an eight-speed automatic transmission, and all-wheel-drive. Inspiration for the upcoming coupe could come from the Hyundai HND-9 Sports Coupe Concept that was revealed a few years ago. Currently, Genesis offers the 2017 G80 midsize sedan and flagship G90 sedan. A luxurious, sporty coupe would fit perfectly in between these two vehicles to compete with more established luxury coupe players, as well as newer competitors like the Lexus RC and upcoming Infiniti Q60. Related Video: News Source: The Globe and Mail via The Truth About CarsImage Credit: Hyundai Genesis Hyundai Coupe Performance