New entry-level Hyundai model

One of Hyundai’s top executives revealed to Antara News reporters that the low-cost model is in development and is aimed at rivals such as Renault’s Logan. “Development is under way to produce an ultra-cheap car,” said Hyundai Vice Chairman Kim Dong-jin at a recent event in Seoul. “Foreign rivals such as Renault are developing a low-cost model priced below US$10,000?, referring to the Logan, a car Hyundai’s hopes to beat.
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LexusNumberOne4ever - 5/11/2007 11:20:48 AM

-1 Boost

Forget the ultra-cheap car, concentrate on reliability, quality and value for money. In other words, become Acura.

S4cabriofoxone - 5/13/2007 1:27:58 AM

+1 Boost

ps, you're wrong. Honad is still tops when it comes to reliability.

And where did you hear that Hyundai is bigger than Honda? As far as I know, these are the top eight:

1. Toyota
2. GM
3. Ford
4. Honda
5. VW
6. Nissan
7. DCX
8. Hyundai

I'm not 100% sure about some of the mid-pack brands, but that's roughly it.

LexusNumberOne4ever - 5/13/2007 1:56:04 PM

+1 Boost

S4, you're correct. ps looks like yet another unfortunate case on Autospies.

izfuney - 5/12/2007 1:24:04 PM

+1 Boost

Well i presume, he is talking about developing a car for China / India which are fast becoming the new battle ground for the next gen car tech.

S4cabriofoxone - 5/13/2007 1:24:53 AM

+1 Boost

Exciting.

david999 - 5/13/2007 9:18:44 AM

+2 Boost

Eventually, Audi will also compete in this class.