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Auto blog
Hyundai shows us two more Super Bowl commercials
Mon, 28 Jan 2013Hyundai is gearing up to show five commercials during this year's Super Bowl, and you've probably already seen one of them called Don't Tell that's been airing on television for weeks now. The Korean automaker has released two of the other four ads, though it looks like it might keep the headlining ad for the three-row Santa Fe, called Epic PlayDate, under wraps until the big game.
Of the two ads published on YouTube, we like Stuck the most, which features the Sonata Turbo. It presents all of the horrid things you could be stuck behind on the highway as reason enough for buying a boosted Sonata with its ample passing power.
The other commercial, called Excited, features the 2013 Hyundai Genesis. Our funny bone didn't tingle much with this one, and it contains a grammar bugaboo that's a pet peeve of some editors in the Autoblog virtual offices. Can you spot it? Scroll below to take the challenge and let us know in the comments.
Next Hyundai Elantra to debut at LA Auto Show
Mon, Apr 27 2015The next-generation Hyundai Elantra will debut at the 2015 Los Angeles Auto Show, a company spokesperson confirmed to Autoblog. This comes just two years after Hyundai revealed the refreshed 2014 Elantra, pictured above, at the 2013 LA show. This will be an all-new Elantra, and while we don't have any more details as of this writing, we might have already seen the new sedan in leaked, Korean-spec form. Just last month, Indian Autos Blog posted this photo of what's said to be the 2016 Elantra, scheduled to make its debut in South Korea in the near future. And since Hyundai has a habit of debuting its new cars in Korea before bringing them to the US, there's a chance this new sedan might be destined for our shores. Of course, that's all speculation at this point. We'll know more later this year, likely before the new Elantra's official unveiling in Los Angeles this November.
Insider trading ahead of Hyundai-Kia MPG debacle suspected
Fri, 21 Dec 2012Reuters 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.