Road test: 2017 Kia Cadenza



The first Kia I ever reviewed was the Credos, a medium-large saloon. The year was 1998, and although Kia had then already been around for more than 50 years, it was still a fledgling brand on the world stage. It showed.

There wasn’t anything drastically wrong, but it was hardly class of the field, having sourced core mechanicals from an old-generation Mazda. It was dependable, but lagged behind competitors in build quality, refinement and on-road composure.

It goes to show how much can be achieved in less than two decades, because the all-new ­Cadenza feels in no way related to the Credos. Unlike its utilitarian ancestor, the full-spec Cadenza is pitched against the Toyota Avalon and Nissan Maxima, but could also conceivably pinch a few sales from the likes of Lexus, ­Infiniti and Cadillac. Prices begin at Dh85,000, but if you want all the bells and whistles, you will need to fork out more than 130,000, which is still a lot less than you would pay for any of the opposition when similarly kitted out.

I expect a thin veneer of ­“premium” quality in the trying-­hard norm of wannabe luxury cars formerly churned out by South Korean brands, but the cabin ambience is actually hospitable. There’s excellent use of soft-touch materials, piano-­black inlays, contrasting trim elements and sumptuous leather trim. There’s a real sense of flair and artistry in the way it’s all laid out.

The seats are comfortable, and even rear occupants have vast amounts of space, as well as their own air-conditioning and audio controls. The full-fat model I’m testing comes with an excellent 12-speaker Harman Kardon stereo, head-up display, reversing camera, front and rear parking sensors, adaptive cruise control, blind-spot warning, panoramic sunroof, satnav with 8-inch display and loads more.

The illusion isn’t shattered once on the move. The 3.3L V6 is creamy smooth – albeit not neck-straining in its potency – and the eight-speed auto is similarly silky. The chassis plays its part by isolating the occupants from speed humps and road-surface irregularities. The flip side of the soft suspension is that you encounter body roll and under­steer if you start hustling through corners. But that’s not really what this car is about – it’s an opulent cruiser. Driven as such, it’s suitably poised and cocoon-like.

Although slightly larger than a BMW 5 Series or Mercedes E-Class, the Cadenza tips the scales at a relatively lithe 1,651kg – thanks to its lighter, stiffer new platform – boosting efficiency.

Peter Schreyer, Kia’s design chief, formerly served at Audi, penning iterations of the TT, A4, A6 and other models. Some styling influences have carried over, but the Cadenza’s design language is fresh and contemporary.

Should you buy the Cadenza if you’re in the market for an affordable luxury saloon? If you favour a slightly sporty drive experience, opt for the Maxima or an entry-level prestige German saloon, but if your emphasis is on comfort and features, the Kia shapes up as a strong contender.

motoring@thenational.ae

Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
Director: Venkat Prabhu
Rating: 2/5
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Company profile

Company: Eighty6 

Date started: October 2021 

Founders: Abdul Kader Saadi and Anwar Nusseibeh 

Based: Dubai, UAE 

Sector: Hospitality 

Size: 25 employees 

Funding stage: Pre-series A 

Investment: $1 million 

Investors: Seed funding, angel investors  

COMPANY%20PROFILE
%3Cp%3E%3Cstrong%3ECompany%20name%3A%3C%2Fstrong%3E%20Klipit%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarted%3A%3C%2Fstrong%3E%202022%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFounders%3A%3C%2Fstrong%3E%20Venkat%20Reddy%2C%20Mohammed%20Al%20Bulooki%2C%20Bilal%20Merchant%2C%20Asif%20Ahmed%2C%20Ovais%20Merchant%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIndustry%3A%3C%2Fstrong%3E%20Digital%20receipts%2C%20finance%2C%20blockchain%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EFunding%3A%3C%2Fstrong%3E%20%244%20million%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EInvestors%3A%3C%2Fstrong%3E%20Privately%2Fself-funded%3C%2Fp%3E%0A
Specs

Engine: 2-litre

Transmission: Eight-speed automatic

Power: 255hp

Torque: 273Nm

Price: Dh240,000

The Freedom Artist

By Ben Okri (Head of Zeus)

The struggle is on for active managers

David Einhorn closed out 2018 with his biggest annual loss ever for the 22-year-old Greenlight Capital.

The firm’s main hedge fund fell 9 per cent in December, extending this year’s decline to 34 percent, according to an investor update viewed by Bloomberg.

Greenlight posted some of the industry’s best returns in its early years, but has stumbled since losing more than 20 per cent in 2015.

Other value-investing managers have also struggled, as a decade of historically low interest rates and the rise of passive investing and quant trading pushed growth stocks past their inexpensive brethren. Three Bays Capital and SPO Partners & Co., which sought to make wagers on undervalued stocks, closed in 2018. Mr Einhorn has repeatedly expressed his frustration with the poor performance this year, while remaining steadfast in his commitment to value investing.

Greenlight, which posted gains only in May and October, underperformed both the broader market and its peers in 2018. The S&P 500 Index dropped 4.4 per cent, including dividends, while the HFRX Global Hedge Fund Index, an early indicator of industry performance, fell 7 per cent through December. 28.

At the start of the year, Greenlight managed $6.3 billion in assets, according to a regulatory filing. By May, the firm was down to $5.5bn. 

UAE currency: the story behind the money in your pockets
Our legal consultants

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants.