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    • By William Maley
      Kia has revealed the pricing for the 2018 Stinger and Stinger GT that will be arriving at dealers next month. The base Stinger with a turbocharged 2.0L four-cylinder will begin at $32,800. The twin-turbo 3.3 V6 Stinger GT kicks off at $39,250. Prices include a $900 destination charge.
      The Stinger comes standard with 18-inch wheels, limited slip differential, leather upholstery, power adjustable front seats with heat, dual-zone climate control, keyless ignition, and a 7-inch touchscreen with Apple CarPlay and Android Auto compatibility. Stinger GT models add adaptive dampers, Brembo brakes, and a nine-speaker audio system with external amplifier. All-wheel drive is available for an extra $2,200 with either engine.
      “Although the Stinger is unlike any other Kia that has come before it in terms of pure driving enjoyment, it is still very much a traditional Kia in that it offers consumers a very compelling value proposition, providing excellent performance and handling, premium features and functionality when compared to its much higher-priced competitors.” said Orth Hedrick, vice president of product planning for Kia Motor America.
      Source: Kia
      Press Release is on Page 2
      KIA MOTORS AMERICA ANNOUNCES 2018 STINGER PRICING
      Fastback Performance Sedan Brings Kia to New Heights While Maintaining Remarkable Value Stinger delivers head-turning design, premium amenities and heart-pounding power at an incredibly value-packed price Combination of aggressive pricing and spirited performance makes Stinger a compelling alternative to substantially more expensive luxury sport sedans IRVINE, Calif., November 16, 2017 — Kia Motors America (KMA) today announced pricing for the highly anticipated all-new 2018 Stinger fastback sport sedan.  Expected to arrive in Kia dealers in December1, the highest-performance production vehicle in the company’s history will be offered in five trim levels – Stinger, Stinger Premium, GT, GT1, and GT2.
      Stinger starts at $31,900 Stinger Premium starts at $37,100 GT starts at $38,350 GT1 starts at $43,250 GT2 starts at $49,200 All-wheel drive:  $2,200 Destination: $900 “The Stinger is a prime example of Kia’s commitment to surpassing consumers’ expectations in everything we do,” said Orth Hedrick, vice president of product planning, KMA. “Although the Stinger is unlike any other Kia that has come before it in terms of pure driving enjoyment, it is still very much a traditional Kia in that it offers consumers a very compelling value proposition, providing excellent performance and handling, premium features and functionality when compared to its much higher-priced competitors.”
      Designed in Frankfurt, developed on the Nürburgring, and built by the brand ranked highest by J.D. Power in initial quality3, the Stinger is offered with multiple engine and drivetrain configurations and luxurious accommodations. All Stingers come standard with a leather-appointed interior, though ultra-soft Nappa leather is available. A thick hand-stitched multifunction leather-wrapped steering wheel with paddle shifters sits front and center of the driver, while the GT trim gets a flat-bottom steering wheel.  All Stingers are available with a large color TFT instrument cluster with performance gauges including a track timer, and in true gran turismo fashion, the Stinger has a generous 23.3 cu.-ft. of cargo space that can be accessed via a power liftgate with available Smart Trunk functionality.
      The base Stinger rides on a passive suspension tuned to offer a balance of handling and ride comfort, while the GT is available with Kia’s first electronically controlled Dynamic Stability Damping Control and standard high-performance Brembo®4 disc brakes. Two turbocharged engines are available: The base Stinger and Premium trims get a 2.0-liter twin-scroll turbocharged four-cylinder engine that produces 255 horsepower at 6,200 rpm with 260 lb.-ft. of maximum torque available from 1,400 – 4,000 rpm. Stingers wearing the GT moniker get a more powerful 3.3-liter twin-turbo V6 which produces 365 horsepower at 6,000 rpm and offers 376 lb.-ft. of torque from 1,300 – 4,500 rpm.  Both engines are matched to a second-generation eight-speed rear-drive automatic transmission. All-wheel drive also is available across all trims.
      Multiple Advance Driver Assistance systems work together to enhance the driving experience, including Driver Attention Warning (DAW)5, Forward Collision Avoidance (FCA)6 with pedestrian detection, Smart Cruise Control with Stop & Go (SCC w/ S&G)6, Lane Keeping Assist (LKA) 6, Blind Spot Collision Warning (BCW) 6, and Rear Cross-Traffic Collision Warning (RCCW)6.  A height-adjustable color Head-Up Display (HUD)7 display is also available.
      The base audio system for the 2.0-liter turbo features six speakers and a seven-inch color touchscreen with the latest version of UVO, Kia’s award-winning telematics systems8. The standard system found in the GT trim ups the speaker count to nine and includes an external amplifier. A premium Harman/Kardon®9 audio system that features Clari-Fi™10 and next-generation QuantumLogic™11 Surround Sound technology is also available.
    • By William Maley
      Kia has revealed the pricing for the 2018 Stinger and Stinger GT that will be arriving at dealers next month. The base Stinger with a turbocharged 2.0L four-cylinder will begin at $32,800. The twin-turbo 3.3 V6 Stinger GT kicks off at $39,250. Prices include a $900 destination charge.
      The Stinger comes standard with 18-inch wheels, limited slip differential, leather upholstery, power adjustable front seats with heat, dual-zone climate control, keyless ignition, and a 7-inch touchscreen with Apple CarPlay and Android Auto compatibility. Stinger GT models add adaptive dampers, Brembo brakes, and a nine-speaker audio system with external amplifier. All-wheel drive is available for an extra $2,200 with either engine.
      “Although the Stinger is unlike any other Kia that has come before it in terms of pure driving enjoyment, it is still very much a traditional Kia in that it offers consumers a very compelling value proposition, providing excellent performance and handling, premium features and functionality when compared to its much higher-priced competitors.” said Orth Hedrick, vice president of product planning for Kia Motor America.
      Source: Kia
      Press Release is on Page 2
      KIA MOTORS AMERICA ANNOUNCES 2018 STINGER PRICING
      Fastback Performance Sedan Brings Kia to New Heights While Maintaining Remarkable Value Stinger delivers head-turning design, premium amenities and heart-pounding power at an incredibly value-packed price Combination of aggressive pricing and spirited performance makes Stinger a compelling alternative to substantially more expensive luxury sport sedans IRVINE, Calif., November 16, 2017 — Kia Motors America (KMA) today announced pricing for the highly anticipated all-new 2018 Stinger fastback sport sedan.  Expected to arrive in Kia dealers in December1, the highest-performance production vehicle in the company’s history will be offered in five trim levels – Stinger, Stinger Premium, GT, GT1, and GT2.
      Stinger starts at $31,900 Stinger Premium starts at $37,100 GT starts at $38,350 GT1 starts at $43,250 GT2 starts at $49,200 All-wheel drive:  $2,200 Destination: $900 “The Stinger is a prime example of Kia’s commitment to surpassing consumers’ expectations in everything we do,” said Orth Hedrick, vice president of product planning, KMA. “Although the Stinger is unlike any other Kia that has come before it in terms of pure driving enjoyment, it is still very much a traditional Kia in that it offers consumers a very compelling value proposition, providing excellent performance and handling, premium features and functionality when compared to its much higher-priced competitors.”
      Designed in Frankfurt, developed on the Nürburgring, and built by the brand ranked highest by J.D. Power in initial quality3, the Stinger is offered with multiple engine and drivetrain configurations and luxurious accommodations. All Stingers come standard with a leather-appointed interior, though ultra-soft Nappa leather is available. A thick hand-stitched multifunction leather-wrapped steering wheel with paddle shifters sits front and center of the driver, while the GT trim gets a flat-bottom steering wheel.  All Stingers are available with a large color TFT instrument cluster with performance gauges including a track timer, and in true gran turismo fashion, the Stinger has a generous 23.3 cu.-ft. of cargo space that can be accessed via a power liftgate with available Smart Trunk functionality.
      The base Stinger rides on a passive suspension tuned to offer a balance of handling and ride comfort, while the GT is available with Kia’s first electronically controlled Dynamic Stability Damping Control and standard high-performance Brembo®4 disc brakes. Two turbocharged engines are available: The base Stinger and Premium trims get a 2.0-liter twin-scroll turbocharged four-cylinder engine that produces 255 horsepower at 6,200 rpm with 260 lb.-ft. of maximum torque available from 1,400 – 4,000 rpm. Stingers wearing the GT moniker get a more powerful 3.3-liter twin-turbo V6 which produces 365 horsepower at 6,000 rpm and offers 376 lb.-ft. of torque from 1,300 – 4,500 rpm.  Both engines are matched to a second-generation eight-speed rear-drive automatic transmission. All-wheel drive also is available across all trims.
      Multiple Advance Driver Assistance systems work together to enhance the driving experience, including Driver Attention Warning (DAW)5, Forward Collision Avoidance (FCA)6 with pedestrian detection, Smart Cruise Control with Stop & Go (SCC w/ S&G)6, Lane Keeping Assist (LKA) 6, Blind Spot Collision Warning (BCW) 6, and Rear Cross-Traffic Collision Warning (RCCW)6.  A height-adjustable color Head-Up Display (HUD)7 display is also available.
      The base audio system for the 2.0-liter turbo features six speakers and a seven-inch color touchscreen with the latest version of UVO, Kia’s award-winning telematics systems8. The standard system found in the GT trim ups the speaker count to nine and includes an external amplifier. A premium Harman/Kardon®9 audio system that features Clari-Fi™10 and next-generation QuantumLogic™11 Surround Sound technology is also available.

      View full article
    • By William Maley
      Hyundai was caught off guard by the rise of crossovers with their car heavy lineup. This has caused their sales to fall down. But the Korean automaker is hoping to change that with the announcement of eight new or redesigned crossover models by 2020.
      The plan will begin with the launch of the Kona crossover in March and will include a wide range of models from a small A-segment model to 8-seat midsize model taking the place of the Santa Fe. There are also plans for an electric, hydrogen, and diesel powered models. The electric one is likely the Kona.
      “The Kona is only the beginning of our product revolution for Hyundai. These vehicles are aimed squarely at the sales leaders in each segment and will emphasize Hyundai’s continued focus on sustainability and efficiency without compromising performance,”  said Mike O’Brien, Hyundai Motor America vice president for Product Planning.
      Source: Hyundai
      Press Release is on Page 2


      Hyundai Motor America to Release Eight New Crossover Utility Vehicles by the Year 2020
      Vehicles will be powered by Gasoline, Diesel, Hydrogen and Electricity  SUPERIOR TWP., Mich., Nov. 15, 2017 – Hyundai Motor America today announced its commitment to debut eight new or re-engineered crossover utility vehicles (CUVs) in the United States by the year 2020 during a press conference at the Hyundai America Technical Center. Beginning with the launch of the Kona small CUV in March, this new lineup will encompass models from the A-segment (entry level) size class all the way up to the eight-passenger midsize class. Hyundai also will showcase its latest gasoline engine, diesel engine, hydrogen fuel cell and battery electric technologies in these vehicles.
      “Very soon we are going to have the most diverse CUV powertrain lineup in the industry,” said Mike O’Brien, vice president, product, corporate and digital planning, Hyundai Motor America. “These vehicles will show the engineering prowess of the more than 13,000 engineers Hyundai Motor Company has working on current and future models every single day. Our customers are going to have a lot of great CUV choices in our dealerships.”  
      Debuting at major auto shows including those in Detroit, New York and Los Angeles, this new fleet of CUVs will maintain Hyundai’s promise to make customer’s lives and driving experiences better. Further, Hyundai will be the only manufacturer offering CUV customers four different fuel choices.
      “The Kona is only the beginning of our product revolution for Hyundai,” O’Brien, added. “These vehicles are aimed squarely at the sales leaders in each segment and will emphasize Hyundai’s continued focus on sustainability and efficiency without compromising performance.”

      View full article
    • By William Maley
      Hyundai was caught off guard by the rise of crossovers with their car heavy lineup. This has caused their sales to fall down. But the Korean automaker is hoping to change that with the announcement of eight new or redesigned crossover models by 2020.
      The plan will begin with the launch of the Kona crossover in March and will include a wide range of models from a small A-segment model to 8-seat midsize model taking the place of the Santa Fe. There are also plans for an electric, hydrogen, and diesel powered models. The electric one is likely the Kona.
      “The Kona is only the beginning of our product revolution for Hyundai. These vehicles are aimed squarely at the sales leaders in each segment and will emphasize Hyundai’s continued focus on sustainability and efficiency without compromising performance,”  said Mike O’Brien, Hyundai Motor America vice president for Product Planning.
      Source: Hyundai
      Press Release is on Page 2


      Hyundai Motor America to Release Eight New Crossover Utility Vehicles by the Year 2020
      Vehicles will be powered by Gasoline, Diesel, Hydrogen and Electricity  SUPERIOR TWP., Mich., Nov. 15, 2017 – Hyundai Motor America today announced its commitment to debut eight new or re-engineered crossover utility vehicles (CUVs) in the United States by the year 2020 during a press conference at the Hyundai America Technical Center. Beginning with the launch of the Kona small CUV in March, this new lineup will encompass models from the A-segment (entry level) size class all the way up to the eight-passenger midsize class. Hyundai also will showcase its latest gasoline engine, diesel engine, hydrogen fuel cell and battery electric technologies in these vehicles.
      “Very soon we are going to have the most diverse CUV powertrain lineup in the industry,” said Mike O’Brien, vice president, product, corporate and digital planning, Hyundai Motor America. “These vehicles will show the engineering prowess of the more than 13,000 engineers Hyundai Motor Company has working on current and future models every single day. Our customers are going to have a lot of great CUV choices in our dealerships.”  
      Debuting at major auto shows including those in Detroit, New York and Los Angeles, this new fleet of CUVs will maintain Hyundai’s promise to make customer’s lives and driving experiences better. Further, Hyundai will be the only manufacturer offering CUV customers four different fuel choices.
      “The Kona is only the beginning of our product revolution for Hyundai,” O’Brien, added. “These vehicles are aimed squarely at the sales leaders in each segment and will emphasize Hyundai’s continued focus on sustainability and efficiency without compromising performance.”
    • By William Maley
      Mitsubishi has unveiled a new three-year strategic plan called 'Drive for Growth'. The Japanese automaker wants to increase unit sales and revenue by 30 percent - about 1.3 million vehicles sold in the case of the former. It also plans on improving profit margins from 0.3 to 6 percent. To pull this off, Mitsubishi will be working on reducing costs in development and manufacturing, along with investing $5.3 billion for new products and revamping key markets.
      In terms of products, Mitsubishi is planning on launching 11 new and redesigned models over next three years. For the U.S., this means the Outlander PHEV and upcoming Eclipse Cross. The U.S. will also see Mitsubishi work on improving their dealer network.
      "We will re-energize our dealership network. We are reviewing our incentive plans, both to attract new dealers and to encourage existing ones to achieve better sales," said Trevor Mann, COO of Mitsubishi Motors.
      The goal is to see a 30 percent increase in sales to 130,000 vehicles by the 2019 fiscal year.
      For other markets, this is what Mitsubishi is planning,
      For Southeast Asia (Mitsubishi's largest and most profitable marketplace), a new assembly plant in Indonesia and the launch of Xpander multi-purpose vehicle The focus in Japan is revitalizing their mini-car business after the fuel economy manipulation scandal China will see an expansion in dealers with the goal to sell 220,000 vehicles by 2019 There will be one thing the U.S. will be missing out from Mitsubishi. It was expected that the tie-up with Nissan that begun last year would provide some help for the U.S. But according to Automotive News, Mitsubishi will be going on its own for this region. There are three reasons for this; antitrust concerns between the two companies, vehicles using common engines and platforms not being ready, and Mitsubishi wanting to build the brand back up on their own strengths.
      Source: Mitsubishi Motors, Automotive News (Subscription Required)
      Press Release is on Page 2
      MITSUBISHI MOTORS LAUNCHES ‘DRIVE FOR GROWTH’ PLAN TO INCREASE VOLUMES, REVENUES AND PROFITABILITY
      Three-year plan targets more than 30 percent increase in unit sales and revenues Operating profit margin to reach 6 percent or more Capital expenditure and R&D investment to increase to more than 600 billion yen over the three-year period Product renewal to accelerate with launch of six new models including Eclipse Cross SUV Market expansion planned in ASEAN, US and China TOKYO, Japan – Mitsubishi Motors today launched "Drive for Growth," a three-year strategic plan to deliver sustained and profitable growth, targeting an increase of more than 30% in both annual unit sales to 1.3 million vehicles and in revenues to 2.5 trillion yen.
      Under the plan, Mitsubishi Motors aims to achieve an operating profit margin of 6% or more by the end of fiscal 2019, up from 0.3% in fiscal 2016. The plan combines a product renewal program with targeted market expansion and operating efficiency improvements.
      Osamu Masuko, Mitsubishi Motors chief executive, said: "Drive for Growth is a new roadmap for Mitsubishi Motors. We will rebuild trust in our company as our highest priority, successfully launch new vehicles, and achieve a V-shaped financial recovery. These will be the foundations for our future sustainable growth, which will involve increased capital expenditure and product development spending."
      The Drive for Growth plan involves a 60% increase in annual capital expenditure to 137 billion yen in fiscal 2019 – lifting spending as a proportion of sales to 5.5% a year. R&D expenses will rise by 50% to 133 billion yen over the same period. In total, this will amount to more than 600 billion yen in investments. Even with these increases, Mitsubishi Motors will maintain financial discipline and generate positive free cash flow during the period. The company intends to establish a competitive dividend policy comparable to those of other Japanese automotive manufacturers. 
      As part of its investment drive, Mitsubishi Motors plans to strengthen its four-wheel drive SUVs and pick-ups, and to launch 11 models including the XPANDER and Eclipse Cross. The product renewal program will coincide with a market expansion drive in the ASEAN region, Oceania, United States, China and Japan.
      Mr. Masuko said: "This is an ambitious program to maximize our strengths in growing product segments, especially four-wheel drive, and to pursue growth in markets where our brand has strong potential, particularly the ASEAN region. This growth program will also involve an efficient and disciplined operating structure as we continue to manage costs."
      Under Drive for Growth, Mitsubishi Motors is targeting a market share of 10% in ASEAN. Sales activities will be reinforced in the US. The company's presence in China will be strengthened with the introduction of models such as the Outlander and Eclipse Cross. And the company will invest in its sales network and product portfolio to return to profitability in Japan by the end of the plan.
      The strategic plan is based on three strategic initiatives:
      Product renewal: During the period of the plan, Mitsubishi Motors will launch 11 new models, of which six will be entirely new model changes – averaging two each year – while the remainder will be important updates of existing vehicles. By the end of the plan, the company expects its five best-selling global models consisting of SUV, 4WD, and plug-in hybrid electric vehicles (PHEV) to account for 70% of total sales volume. Reflecting the shift to lower emission models, the company also announced that it plans to provide electrified solutions across its core model range including an EV kei car from 2020. Focus on core markets to drive revenue growth: This year's opening of a new assembly plant in Indonesia, and the recent launch of the XPANDER multi-purpose vehicle, will drive the growth of the ASEAN business, the group's largest and most profitable operation. ASEAN volumes are expected to rise from 206,000 units a year to 310,000 units a year in 2019. Mitsubishi Motors will also launch new models to assist the turnaround of its important mini-car business in Japan. In the US, the company will improve its dealership networks, targeting a 30% increase in unit sales to 130,000 units in fiscal 2019. In China, Mitsubishi Motors will double the number of dealerships and more than double sales to 220,000 units in fiscal 2019.  Cost Optimization: Mitsubishi Motors will tightly manage production costs, with a target to reduce monozukuri costs by 1.3% per year, in spite of large investments in R&D. Alongside cost management, the company will benefit from growing synergies from its membership of the Renault-Nissan-Mitsubishi alliance. Mitsubishi Motors is seeking synergies totaling more than 100 billion yen over the course of the plan, with the bulk of these to come from efficiencies in procurement and costs avoided in R&D.  Mitsubishi Motors will contribute its expertise in PHEV technology, its capabilities in SUVs and pick-ups, and market strengths in the ASEAN region to the wider synergy program of the Alliance, which aims to double annualized synergies to more than 10 billion euros by the end of 2022.
      "We are refreshing our product line-up, investing in R&D and targeting core market growth," added Mr. Masuko. "Drive for Growth will enable us to continue the transformation of the company over the next three years."

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