Hyundai Motor Unveils Two Sedans in S. Korea to Take on BMW, Audi

Newswire

By Hyunjoo Jin BUSAN, South Korea, May 29 (Reuters) - Hyundai Motor Co unveiled two new sedans built for its home South Korean market on Thursday, an unusual step designed to fend off surging imports from the likes of BMW and Audi . The move on the eve of the Busan Motor Show reveals Hyundai's jitters about imports from Europe and the United States, which have soared in popularity since free trade deals cut tariffs on foreign-made vehicles in recent years. Foreign carmakers expect to ...

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