Targeting Japanese Luxury Buyers? Hyundai Moving New Santa-Fe Upscale

Hyundai is aiming to sell 152,000 revamped Santa Fe SUVs globally this year, as it seeks to hold off a surge from high-end foreign brands at home.

The vehicle is scheduled to launch in June in Europe, in the United States in July and in China in October.

"We are confident about positioning Santa Fe as premium model both at home and in the overseas markets," Hyundai CEO Kim Choong-ho told reporters after the company unveiled the new-look model. "It boasts very competitive fuel mileage of 17 km per liter and a bold design."

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