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Hyundai to sell 50,000 Genesis per year, Sonata hybrid coming in 2010

Old Aug 27, 2008 | 03:25 AM
  #1  
merry's Avatar
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Default Hyundai to sell 50,000 Genesis per year, Sonata hybrid coming in 2010



Click above for a high-res gallery of the Hyundai Genesis sedan.

Hyundai's first foray into the world of rear-wheel-drive needs to be a success in order to justify the development, manufacturing and launching costs. Hyundai's vice president for product development, John Krafcik, told reports that the automaker expects to sell 50,000 Genesis models annually in the U.S. – 20,000 sedans and 30,000 coupes.

But the Genesis is only part of Hyundai's image makeover. The Korean manufacturer intends to launch its first hybrid model by 2010, equipped with a next generation lithium-ion battery pack. According to Krafcik, "Our first U.S. hybrid is going to be the Sonata," however, Hyundai has no plans to offer the new sedan with a plug-in option. That's a strategy that's served Toyota well, and Hyundai is clearly trying to follow in the Japanese juggernaut's footsteps.
 
Old Aug 27, 2008 | 04:12 PM
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Default RE: Hyundai to sell 50,000 Genesis per year, Sonata hybrid coming in 2010

Wow, I would love to have that car. I am driving around a beat up Elantra! Thanks for posting this I can't wait to see a hybrid Hyundai . . . I would certainly make my day!
 
Old Aug 31, 2008 | 05:36 AM
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Default RE: Hyundai to sell 50,000 Genesis per year, Sonata hybrid coming in 2010

Wishful thinking. Hyundai has enough trouble selling 50,000 Sonata's yearly.
 
Old Aug 31, 2008 | 01:32 PM
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Default RE: Hyundai to sell 50,000 Genesis per year, Sonata hybrid coming in 2010

ORIGINAL: canddmeyer

Wishful thinking. Hyundai has enough trouble selling 50,000 Sonata's yearly.
What are you talking about? Hyundai easily sells 50K NF Sonatas a year:

Here are the sales figures:
http://ir.hyundai-motor.com/eng/comm...car_model.html

2008 = 81,604 (Jan thru July only)
2007 = 119,039
2006 = 116,419
2005 = 92,915
2004 = 30,873 (Sept thru Dec only)
 
Old Sep 1, 2008 | 05:18 AM
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Default RE: Hyundai to sell 50,000 Genesis per year, Sonata hybrid coming in 2010

OOps. I wonder what I got the Sonata mixed up with, so I eat my words[]. Still, I don't believe the Genesis willsell 50,000 per year.
 
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