AUTOWEEK: Hyundai-Kia Future

Discussion in 'General Motoring' started by Robert Cohen, Aug 28, 2005.

  1. Robert Cohen

    Robert Cohen Guest

    copyrighted by AUTOWEEK 2005

    Hyundai, Kia seek bigger U.S. share
    S. Korean brands work on identities, branching out
    Mark Rechtin - Autoweek
    Saturday, August 27, 2005

    With ambitious U.S. sales goals set for the end of the decade, South
    Korea's automakers, Kia Motor Corp. and Hyundai Motor Co., are spending
    heavily on new products.

    Expect Hyundai and Kia to make dramatic improvements in existing models
    when they are redesigned. In America, the two brands are looking at new
    segments, such as small minivans, luxury sedans and pickups.

    Hyundai aims to sell 1 million vehicles annually in the United States
    in 2010, while Kia has a 500,000-unit target. Last year, Hyundai sold
    418,615 vehicles here; Kia sold 270,055 units.

    Already, the Hyundai-Kia union has sparked new engine families and
    shared platforms and components. Now, Hyundai Motor is working to
    create distinct identities for the two brands. Here are Hyundai and Kia
    vehicle plans through the 2009 model year.

    Robert Cohen, Aug 28, 2005
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