Hyundai To Enter Hybrid Market

The first hybrid models will be subcompact cars of Hyundai's Accent and Kia's Rio, which share production platforms. Hyundai has no plans to produce large-size hybrid vehicles for a while because of their low profitability according to a company spokesman.

The automobile company may also produce rear-wheel-drive luxury cars in 2007 to capitalize on the success of BMW's premium cars and Toyota's Lexus. Hyundai currently produces only front-wheel-drive cars.

[continued...]

Note: this link points to a trusted off-site resource. The description provided on this page is either a summary or abstract of the article cited.

Access the Hybrid Car News feed.