2012 Hyundai Sonata Se on 2040-cars

Auto blog

Hyundai spooks investors by paying $10B for new Gangnam HQ location

Doing things Gangnam style apparently costs a serious chunk of change, because Hyundai is reportedly paying roughly $10 billion for 19.6 acres (79,342 square meters) of land in the trendy district of Seoul, South Korea, to serve as the location for its new headquarters. That eye-popping number represents the highest amount ever paid for a plot of land in South Korea, according to Reuters. The hefty price tag reportedly scared investors enough for stock prices to sink dramatically.
Shareholders were apparently upset because the massive outlay could instead have been put back into the company for research and development or other improvements. Instead, the company reportedly bid triple the land's appraised value, says Reuters. The announcement caused Hyundai's stock price to plummet a massive 9 percent, and there were losses from Kia and the company's parts arm, as well. All told, the three of them lost nearly $8 billion in value from the falling share prices - almost enough to pay for the controversial land.
Hyundai currently has its headquarters on the outskirts of Seoul, but seems keen to move to the high-end Gangnam district to show off its rising status. It plans to build a new office complex, hotel, convention center and theme park on the site. According to an analyst speaking to Reuters, that could all cost an additional $6 billion to complete.

Hyundai concept looks like Le Mans prototype from 2025

Hyundai is ripping the sheet off its N 2025 Vision Gran Turismo for the latest teaser of the digital racecar. The fighter jet-inspired design looks ready to turn on the afterburners at Le Mans a decade from now, but it debuts at this year's Frankfurt Motor Show to promote the company's new N performance sub-brand. The N 2025 is the latest in a long line of imaginative Vision Gran Turismo concepts from a plethora of automakers, but Hyundai is still keeping exact details about its entry a secret. The company admits that the racer highlights sustainable technology under the long, low-slung body, and that suggests something other than just a high-revving internal combustion engine for power. In addition to the PlayStation racer, Hyundai has a few other debuts in store for the German event. The new i20 Active and Sante Fe will get their European unveilings, and the Vision G Coupe will come along, as well. To further push the performance image, the next-gen 2016 i20 World Rally Championship car will also be on display. Hyundai Motor to Enhance IAA Press Conference with Live Streaming and Innovative Digital Assets 09 September, 2015 Hyundai Motor to Enhance IAA Press Conference with Live Streaming and Innovative Digital Assets - Broadcast of pre-show begins at 11:15 CET, Tuesday 15 September 2015 - Online newsroom enriches flow of information - Hyundai Motor showcases new models and visionary concept cars September 9, 2015 - Hyundai Motor will live-stream its press conference at the 2015 Frankfurt International Motor Show, enabling a wider audience to learn about the brand's passion for performance and a host of new Hyundai models, design concepts and technologies. New i20 Active and New Santa Fe will premiere in Europe, enhancing Hyundai Motor's European range of Crossover and SUV models. The company will also showcase its new high-performance N sub-brand, brought to life through the thrilling Hyundai N 2025 Vision Gran Turismo concept car and the New Generation i20 WRC car being previewed ahead of the 2016 World Rally Championship season. The Vision G coupe concept introduces dynamic design and advanced technology as inspiration for future premium products. The Hyundai Motor press conference will take place in Hall 6 at 11:30 CET on Tuesday 15 September 2015, and the livestream will be available via www.hyundai.news/IAA2015.

2013 Hyundai i10 gets Frankfurt showing, official engine lineup [w/videos]

Hyundai strutted its tiny but fashionable i10 onto the Frankfurt floor today, showing off the new, second-generation city car to the assembled media. The i10 was originally unveiled in August, although at the time, we didn't have much info on powertrains or other items.
Europe, where the i10 will be sold, gets a pair of gas-powered engines from Hyundai's Kappa family, displacing 998cc and 1.25 liters, respectively. The smaller, three-cylinder engine is limited to just 65 horsepower and 69 pound-feet of torque. It's also available with an LPG option, which adds one hp at the cost of three lb-ft of torque. Opt for the 1.25-liter, four-cylinder mill and you'll get a positively reckless 85 horsepower and 88 pound-feet of torque. Both engines are available with the driver's choice of a five-speed stick or a four-speed automatic.
Lack of thrust aside, can we all agree that the i10 is a sharp looking city car? It's compact dimensions belie a reasonable amount of cabin space, all in a wrapper of the stylish, fluid lines that Hyundai is known for. We'd argue it looks even better in these pictures than it did the first time we saw it. Hop up top for our live images from Frankfurt, or scroll down to the bottom for an official press release and images from Hyundai. The company's European arm as also assembled quite a number of Q&A style videos about the new car, for your edification.