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2015 Hyundai Genesis automatically slows for speed cameras

Speed cameras are something of a foreign curiosity for many drivers in the US. Sure, there is sporadic use of red light cameras here, but the cams to catch speeders are much more popular in Europe. However, Hyundai might have created a way to end that scourge for our foreign auto enthusiast compatriots. The Korean automaker recently showed off a system on the Genesis at its headquarters in Seoul that could detect and automatically slow down for the nefarious devices. It could make many speeding tickets a thing of the past.
According to Australian website Drive, the Genesis' tech is actually a simple integration of already existing structures. It combines a navigation system programmed with the locations of speed cameras and the sedan's automatic braking. Drivers get an audible warning about a half-mile beforehand to slow down, and if they don't the car can do it for them.
Unfortunately, this potentially money-saving tech isn't leaving its domestic market anytime soon. "This is offered only in Korea and not planned for the US. In Korea, many cars with smart cruise control offer this and it is viewed as a safety feature," said Hyundai spokesperson Jim Trainor to Autoblog via email.

2014 Hyundai Veloster Turbo R-Spec loses creature comforts, gains sporting equipment [UPDATE]

Hyundai unveiled the Veloster Turbo R-Spec at the LA Auto Show yesterday, and it's touted as a high-performance model without some of the standard features usually found on the Veloster Turbo, such as proximity-key entry with push-button start, premium gauge cluster, side-repeater mirrors, driver's auto-up window, high-gloss interior trim and heated leather seats.
Like the other three R-Spec models Hyundai has released (Genesis Coupe 2.0T R-Spec, Genesis Coupe 3.8 R-Spec and Genesis 5.0 R-Spec), the Veloster Turbo R-Spec skimps on interior appointments to keep the price down. But Hyundai thinks that people who buy it don't want that equipment anyway, and would rather install aftermarket goodies. The car is priced at $22,110 (including the $810 destination fee), which makes it the least expensive Veloster Turbo model.
The pared-down hatchback's special features include R-Spec-specific sport suspension, retuned steering and a B&M short-shifter for the six-speed manual transmission (the R-Spec isn't offered with an automatic). That's all great, but we can do without the red-accented side skirts and front splitter, which look just as tacky in person as they do in pictures.

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.