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Filed under: Marketing/Advertising, Safety, Videos, Hyundai As of now, the Assurance Connected Care service that Hyundai introduced at the New York Auto Show with the 2014 Genesis sedan is complimentary for three years on any vehicle equipped with the company's Blue Link telematic systems. It's the third service package to join the Blue Link suite, after Essentials and Guidance. Assurance Connected Car provides owners with monthly vehicle reports, maintenance alerts, notification of diagnostic trouble codes and safety features like SOS emergency assistance and automatic collision notification sent to Blue Link agents. The service can also be transferred to new owners within the three-year timeframe. Owners who already have Blue Link can add Assurance Connected Care "at a reduced price," but Hyundai hasn't said what that price is yet. There's a press release below with more details and four commercials to show you just what you could be missing out on.Continue reading Hyundai offers three free years of Blue Link safety tech [w/videos]Hyundai offers three free years of Blue Link safety tech [w/videos] originally appeared on Autoblog on Mon, 20 May 2013 11:00:00 EST. Please see our terms for use of feeds.Permalink | Email this | Comments

Filed under: Car Buying, Hyundai, Kia, Earnings/Financials, Luxury, South Korea Bloomberg reports shifting tariff regulations have upended the traditional automotive pecking order in Korea. Thanks to cheaper import taxes, foreign brands have seen market share jump from 28 percent to 41 percent over the last two years. BMW, Mercedes-Benz and Audi have all capitalized on the shift, with domestics like Hyundai and Kia suffering at the hands of their German rivals. Taxes on European imports have fallen from 8 percent in 2011 to just 3.2 percent today. Over the next few years, tariffs will all but be eliminated for most imports, and taxes on US-made vehicles are expected to fall to just 4 percent in 2014. By 2016, that number will be zero. Needless to say, Hyundai and Kia are concerned about the shift. Hyundai has seen profit fall by 15 percent last quarter, and the company says it is on pace to see the slowest sales growth since 2007. The company's shares have fallen by 12 percent. In order to stem the losses, Hyundai has discounted its midsize sedans and started working on diesel engine options.Why BMWs are cheaper than Hyundais in Korea originally appeared on Autoblog on Sat, 18 May 2013 08:51:00 EST. Please see our terms for use of feeds.Permalink | Email this | Comments