2011 Kia Sorento Lx With Convenience Package!! 1 Owner-non-smoker Vehicle! on 2040-cars

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Hyundai Q1 profit triples, as it adjusts production due to chip shortage

  SEOUL — Hyundai Motor Co posted a first-quarter profit that nearly tripled to its highest in four years as people bought its luxury cars, but warned it would have to adjust production again in May because of a chip shortage. Unlike its rivals, the South Korean automaker staved off production halts in the first quarter, thanks to a healthy chip inventory. But the shortage, exacerbated by factors including a fire at a chip factory in Japan and storms in Texas, is now catching up with Hyundai. Hyundai, which has lagged its rivals in the electric vehicle (EV) race, also said on Thursday that it was developing solid-state batteries and planned to mass produce EVs using solid state batteries in 2030. In February, Hyundai launched its Ioniq 5 electric midsize crossover, the first in a planned family of EVs that it hopes will propel it into the third rank of global EV makers by 2025. Hyundai Motor and Kia together aim to sell 1 million EVs in 2025. In the quarter ended March 31, Hyundai was unscathed as people at home and the United States snapped up its high-margin sports-utility vehicles and premium Genesis cars as the coronavirus pandemic dragged on, fueling car ownership. Net profit surged 187% to 1.3 trillion won ($1.16 billion) from 463 billion a year earlier, when business slumped as countries shut down to limit the spread of the coronavirus. This was in line with an average Refinitiv SmartEstimate. Revenue rose 8.2% to 27.4 trillion won. Hyundai is expected to report net profit of 1.4 trillion won for the April-June period, up 536% from the corresponding period a year earlier, Refinitiv SmartEstimate showed. Hyundai affiliate Kia Corp reported operating profit of 1.1 trillion won for January-March, up 142% on the year. Hyundai, which together with Kia is among the world's top 10 automakers by sales, has temporarily paused production three times since the beginning of this month and saved chips for its most popular models. "The condition of semiconductor parts is being a little more prolonged than we expected," said Seo Gang-hyun, an executive vice president at Hyundai. "As the semiconductor procurement condition is rapidly changing, it's difficult to predict production status after May.

Kia Telluride three-row SUV pricing revealed

Kia has got a certified looker on the way in the 2020 Telluride, and now the mid-sized, three-row SUV has a price. The base, two-wheel drive LX starts at $31,690, plus $1,045 for destination, totaling $32,735. That's $5,400 more than the three-row Sorento, which is noticeably smaller. In relation to competitors, the Telluride's price is $310 more than the 2019 Toyota Highlander, $240 more than the 2019 Honda Pilot, $155 less than the Subaru Ascent. As is Kia's wont, there's a lot of standard equipment in that base spec. The LX comes with eight-row seating done up in Sofino synthetic leather, an eight-inch touchscreen infotainment and USB charge ports for all three rows, smart key with pushbutton start, park distance warning in reverse, and 18-inch wheels. Standard safety features include forward and rear-cross-traffic collision avoidance, blind spot monitoring, smart cruise control with stop and go, rear occupant alert, and second-row safe exit assist. The S trim level starts at $35,035. It swaps eight-row seating for seven seats thanks to the second-row captain's chairs, and rides on 20-inch wheels. The driver gets a 10-way power seat, both front passengers get heated front seats and a power sunroof, and everyone gets "upgraded interior trims." The EX brings genuine leather, but goes back to eight-passenger seating and 18-inch wheels. The infotainment screen grows to 10.25 inches, both front seats get heating and cooling, the passenger gets eight-way adjustability, and there's a power liftgate in back. The top-model SX starts at $42,535, and hops back over to seven-passenger seating and 20-inch black wheels. Premium touches include LED headlights, dual sunroofs, a digital instrument cluster, Harman/Kardon audio, and a 360-degree outside-view camera. A $4,000 Prestige Package for the SX adds all-wheel drive, Nappa leather with premium headliner and trim, a head-up display and heated steering wheel, and climate-controlled second-row captain's chairs. Before the obligatory minor options and accessories, a loaded Telluride will cost $46,935. Every trim gets the 3.8-liter V6 with 291 horsepower and 262 pound-feet of torque, shifting through an eight-speed automatic transmission. When equipped with all-wheel drive and a trailer hitch, the Telluride can pull 5,000 pounds. Since the Sorento offers all-wheel drive on the LX and EX models as well, we expect the Telluride to do the same. On the Sorento, AWD comes as a standalone option for $1,800.

2018 Kia Stinger GT Long-Term Review | We stuff a four-piece set of luggage in the hatch

A few months back, I wrote about the hatch in our long-term 2018 Kia Stinger GT. The sizable cargo area is one of our favorite things about the sportback. It's big enough to fit a full set of wheels and tires or the 55-inch TV I bought around Christmas. While those may showcase the car's hatch with the seats down, we wanted to see what would fit in the 23.3 cubic-foot cargo area with the seats up. To test things, we purchased a four-piece set of luggage on Amazon. The set consisted of three expandable rollers and a smaller tote, generally enough for four people on a weekend road trip or ride to the airport. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Editor-in-Chief Greg Migliore joined me outside our office to see how it all fit in. Check out the video above to see how easy it was to get it all in there. It also gives you a good indication of how big the cargo area actually is. We've got the luggage, so check out the site for more of these tests coming soon.