The midsize SUV segment is hot right now, with about 1.5 million units sold per year in North America.

Hyundai has offered a three-row version of its Santa Fe for a couple of years now, but with the 2020 Palisade unveiled today at the LA Auto Show, the Korean automaker hopes to make a stronger statement in this important SUV space.

The Hyundai Palisade is powered by a 3.8-liter V6, pumping out 291 horsepower and 262 pound-feet of torque through an eight-speed automatic transmission.

Both front- and all-wheel drive are available.

Fuel economy figures are yet to be released, but with a slick drag coefficient of 0.33, we expect the Palisade, which rides on an all-new platform, to best the three-row Hyundai Santa Fe XL's 18 miles per gallon in the city and 25 mpg highway.

Inside, the big Palisade offers 18 cubic feet of cargo space behind the third row of seats and 45.8 cubic feet behind the second row -- figures that are average for the segment.

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