Hyundai News:Hyundai Plans A New Offensive Which Includes Commercial Vehicles for the U.S.

[William Maley]

Hyundai is pouring $1.8 billion by 2020 for a new offensive in commercial vehicles. This new offensive will include the U.S. getting some of these new vehicles.

According to Reuters, the majority of this investment will go into research and development of vans, trucks, and buses. The remainder will go into raising production of current models.

Commercial vehicle sales are expected to rise 30 percent in each of the next five years and Hyundai want a nice slice of it. Currently, sales of Hyundai's commercial vehicles fell in all the markets it sells in at the moment.

Hyundai also plans on introducing "premium models in North America and Europe." No timeframe was given for this.

Source: Reuters

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[Drew Dowdell]

Don't they already have premium models in North America?

 

It is an interesting time for commercial vehicles. Purchasers of such vehicles are going to have some of the widest number of choices in decades.

[William Maley]

My guess is they are planning to add more. There are the rumors of a 3-Series RWD sedan from the company still flying around, plus there is talk a new Genesis coupe.

[David]

Should be fun to see what customization ends up on these new rides.

[timelord731]

Sounds interesting, but that van in the picture is just incredibly ugly.

[Drew Dowdell]

Sounds interesting, but that van in the picture is just incredibly ugly.

 

I doubt we'll get that one.

 

I still don't understand Hyundai Kia anymore.  What is the point of the Kia brand?  that's where I'd expect commercial vehicles to go and where I wouldn't expect a vehicle like the K900 to show up. 

[William Maley]

Sounds interesting, but that van in the picture is just incredibly ugly.

 

Lets be honest for a moment - commercial vehicles aren't really know for their good looks. If we do get that van (the i800), expect it to be a major redesign.