"The look has a lot of potential for future models," says Peter Schreyer, recently promoted from Kia design boss to oversee the styling of both brands, "it shows we are not stagnating and see the future in a simpler way."
Forget the butterfly doors and the rear drive coupe reveals the look and character of the new Genesis coupe that’s confirmed for right hand drive production with both normally-aspirated and 362bhp turbocharged versions of a 3.3-litre V6, driving through Hyundai’s own 8-speed automatic.
Cub, Kia’s promised coupe turned out to be a five-door hatch with rearward opening suicide doors. Styled in Korea, Kia claims it has no plans for a production variant, though the designers admit it points to a new direction and shares some visual elements with the European Provo. Kia also unveiled the Cross GT, a large SUV concept that exposes the look of the next generation Sorento.
Ssangyong, the Korean arm of India’s Mahindra, unveiled LIV 1, a far more contemporary and attractive large SUV that’s close to production ready as a successor to the ancient Korando, but Chevrolet’s Korean arm effectively ignored the show and included a previous generation Corvette among an unchanged raft of production models.
South Korea’s only supercar maker, Oulin Motors (previously Proto Motors), launched the Cregit. The Korean styled mid-engined sports car, powered by an Hyundai 3.8-litre V6 in three forms; normally aspirated, turbo and twin turbo. The 600bhp twin-turbo model claims zero to 62mph in 3.45secs and a 199mph top speed. Oulin predicts sales of 10-20 Cregits a year. Strangest of all the models on a stand, that included the long standing Spirra coupe, was the one-off Bengari mid-engined stretched limo, based on the existing Spirra coupe, the suicide rear doors being cleverly interchangeable with the front doors.
Between them, Hyundai (43 per cent) and sister Kia (34 per cent) utterly dominate the 1.4m strong Korean market. Imports took just 10.2 per cent of the market in 2012 with the majority from Germany. Of the top 10 selling imports just two – Toyota Camry and Prius – were Japanese. The best selling imports were BMW’s 5-series and Mercedes-Benz E-class. The troubled history of Korea and Japan is blamed for Hyundai’s pull out of Japan in 2010 and Toyota taking until just four years ago to open its first dealership in Seoul.