DETROIT – Hyundai Motor America plans to reach its target of 500,000 units by 2005 through considerable volume growth of the Sonata and Santa Fe, plus an all-new product – codenamed JM. The JM, a cross between an SUV and multi-activity vehicle and smaller than the Santa Fe, is due to market in 2004, Finbarr O’Neill, CEO, Hyundai Motor America, tells Ward's. He forecasts first-year volumes of 40,000 to 50,000 vehicles. The JM won’t, however, be based on the OLV concept shown this week at ...

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