Hyundai kills plans for Kia pickup, new compact car coming instead

Dr. Dong Jin Kim, Vice Chairman and CEO of Hyundai, said that the automaker has interest in the pickup market, however high-gas prices are killing the truck market.

“We don’t think right now is the right time to introduce one to the market. We investigated when we built the Kia Georgia plant, but in this environment we were forced to give up thoughts of the truck,” said Kim. ”Neither Hyundai nor Kia will produce one for the U.S.”

Instead the Hyundai plant in Georgia will get...
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0to60 - 5/8/2008 11:55:51 AM

+2 Boost

Good move!

saintdiablosaint - 5/8/2008 7:53:07 PM

+1 Boost

yeah i would much rather see the new kia compact than the mesa
that concept was a couple years old any way and kia's small sports car concept was amazing
they also said it would be produced sooner than expected...