2007 Hyundai Tiburon Gt Limited Coupe 2-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.

2015 Hyundai Genesis

It's not easy to drive a prototype-level version of the upcoming, second-generation Hyundai Genesis sedan.
Three hours in airports; fourteen hours in a plane; two hours riding in a car from a Iuncheon to my hotel in the now-famous Gangnam district of downtown Seoul; another two hours-plus on a bus from Seoul out to the Hyundai nerve center in Namyang. And that's just the travel.
Finally settled into a massive presentation room deep in the heart of the Namyang R&D center, freshly denuded of all of my camera gear and fortified with abundant coffee and green tea cookies, I still faced hours of product presentation; question and answer sessions with a large team of engineers, designers and executives; an official unveiling under the soaring dome of the Design Hall; a strolling lunch and more coffee. And then, finally, a shuttle ride to the proving grounds around which the whole facility hums with enterprise for an all-too-brief stint behind the wheel of a car that, by this point, I'm basically slavering to get my hands on.

2018 Hyundai Kona improves headlights to get top IIHS award

Only about two months ago, the IIHS tested the 2018 Hyundai Kona subcompact crossover for safety, and it did well in almost every category except headlights. The subpar lights meant it only received the second-highest award available from the organization: Top Safety Pick. But now Hyundai has updated the lights, and IIHS agrees that some of them are a massive improvement, enough to upgrade the rating to Top Safety Pick+. The versions of the Kona that have the highly rated lights are Limited and Ultimate trims with projector LED lights. The rating applies to cars built after May 2018, and the main improvement is reduction in glare for oncoming drivers. While these high-level Konas now have solid lights, the IIHS still rates base models with the halogen lights as "Poor" due to weak forward illumination. All of this makes the Kona an attractive crossover option. Not only does it have good crash test results and headlights, but it's actually an enjoyable car to drive, particularly with the spunky turbo engine. Add in the distinctive, funky styling, and the Kona is a stand-out in its class. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.