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Hyundai matches incentives for Toyota customers from Ford, GM

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Filed under: Recalls, Safety, Hyundai, Toyota

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Mired in what is officially a nightmarish recall fiasco, Toyota's getting gang-tackled as it wraps up a really bad week. General Motors, smelling blood in the water, is offering incentives specifically targeting Toyota drivers through the end of February. Likewise, Ford is adding $1,000 to the trade-ins of any Toyota, Lexus, or Scion (as well as Acura and Honda, for good measure). Rental fleets are yanking Toyotas from circulation. The House of Representatives will officially grandstand hold a hearing next Friday. Consumer Reports is temporarily withholding its "Recommended" status on recalled models until the matter is sorted out.

And now, here comes Hyundai, leaping into the scrum from the top rope like Jimmy "Superfly" Snuka.

The Detroit News reports that like GM and Ford, Hyundai's now offering $1,000 to customers who trade their Toyota in for a Sonata, Elantra, or Elantra Touring. Unike GM and Ford, Hyundai is only running the incentives through next Monday. Meanwhile, Chrysler could reportedly follow suit next week. Honda, for its part, has flatly stated that it is staying out of the feeding frenzy, and won't be targeting Toyota customers with specific incentives.

[source: The Detroit News | Image: Jung Yeon-Je/AFP/Getty Images]

Hyundai matches incentives for Toyota customers from Ford, GM originally appeared on Autoblog on Fri, 29 Jan 2010 17:31:00 EST. Please see our terms for use of feeds.

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