2011 Hyundai Genesis 2.0t Coupe Auto Paddle Shift 46k Texas Direct Auto on 2040-cars

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Hyundai reveals CEO's pay for first time ever

Thanks to some government pressure, Hyundai's billionaire chairman, Chung Mong Koo, has revealed just how much he gets paid each year. Honestly, the amount is a bit lower than we'd expect considering he helms such a huge industrial empire. The 76-year-old chairman brought home $13 million in 2013, $5.2 million of which came from Hyundai's automotive business while both Mobis and Hyundai Steel chipped in $3.94 million, each. For reference, Ford CEO Alan Mulally netted $23.2 million in 2013, although the vast majority of that money came from stock options.
The push for Chung to reveal his pay was part of a larger effort by the South Korean government called the Financial Investment Services and Capital Markets Act. The act forces several thousand companies to release info on annual pay, bonuses and severance for employees earning over $5 million won ($469,000), according to Bloomberg.
"With the disclosure of the executives' compensation, the pressure to deliver better profits will increase," said Heo Pil Seok, the CEO of Midas International Asset Management. It seems to be working, as Hyundai shareholders, of which Midas is one, have seen their shares increase by 6.1 percent in 2014, which includes a 1.2-percent jump as of yesterday, according to Bloomberg.

2009 Hyundai Genesis under investigation for brake problems

According to The Detroit News, the National Highway Traffic Safety Administration has launched an investigation into 40,000 Hyundai Genesis sedans due to reports of brake problems. All of the vehicles in this probe are from the 2009 model year.
NHTSA has reportedly received 23 complaints from owners citing increased brake pedal travel and reduced braking power, with one of the incidents resulting in a crash. The Detroit News reports that, in another incident, the Genesis driver responded to the lack of brake effectiveness by applying the parking brake, which caused the vehicle to lose control and go into a spin. Many of the complaints indicate that this problem was simply diagnosed as a faulty ABS module.
In a statement to The News, Hyundai said it is fully cooperating with NHTSA on this investigation. An official recall may occur, depending on the results of the government agency's findings.

Hyundai Genesis says in the future, even car stunts will be autonomous

We talk a lot about new technologies in the auto industry. Things that will make you more comfortable or faster or more fuel efficient are, generally, easy for us to explain. Things that make us safer, though, are often a bit tougher to get a bead on. We can report on how it's supposed to function, but few of us are brave, reckless or stupid enough to purposefully put ourselves in a situation where we'd need something like Hyundai's Auto Emergency Braking.
That's why this video is so interesting. It shows off a vehicle's active safety features in the most ridiculous, easy-to-understand way possible. We won't spoil the lengths that Hyundai goes to with this squadron of cars, but you'll want to make sure you watch the whole three-minute video to see just how extreme the safety systems are on the 2015 Genesis.
Scroll down and have a look.