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Is There Room in the Luxury Market for Hyundai?

3976 messages,  Last post on Nov 11, 2009 at 1:28 PM

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What is this discussion about? Hyundai Equus, Hyundai Genesis, Car Comparisons


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#2445 of 3976
The Hyundai Cinderella Story by dean3927
May 23, 2009 (5:00 pm)
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http://abcnews.go.com/video/playerIndex?id=7312406
 
#2446 of 3976
Re: The Hyundai Cinderella Story [dean3927] by bobad
May 26, 2009 (5:04 am)
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Replying to: dean3927 (May 23, 2009 5:00 pm)

This has been brought up, but Hyundai uses more robots in the manufacturing process than other manufacturers. The robots are also manufactured by Hyundai, who is a leading manufacturer of robots. I think that gives them a large advantage in price and quality.
#2447 of 3976
Re: The Hyundai Cinderella Story [dean3927] by ateixeira
May 26, 2009 (6:37 am)
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Replying to: dean3927 (May 23, 2009 5:00 pm)

Interesting video.
 
2 things stood out to me - Hyundai is now #5 in the world. Gosh, I remember when they had broken in to the Top 10, and that wasn't too long ago.
 
The other is the average wage - $22/hour. No wonder Detroit is not cost competitive.
#2448 of 3976
Re: The Hyundai Cinderella Story [ateixeira] by m4d_cow
May 26, 2009 (10:17 am)
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Replying to: ateixeira (May 26, 2009 6:37 am)

Hyundai's been #5 since late last year. The pecking order now is: GM, Toyota, VW, Ford and Hyundai I believe.
 
And judging from recent events, I suspect we'll be looking at a whole new list of top 5 soon. Toyota-VW-Hyundai-Ford-GM , perhaps?
#2449 of 3976
Re: The Hyundai Cinderella Story [m4d_cow] by ateixeira
May 26, 2009 (10:30 am)
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Replying to: m4d_cow (May 26, 2009 10:17 am)

I bet VW drops. They are too dependant on Europe.
#2450 of 3976
Re: The Hyundai Cinderella Story [m4d_cow] by houdini1
May 26, 2009 (1:29 pm)
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Replying to: m4d_cow (May 26, 2009 10:17 am)

I wonder if Hyundai sales includes Kia sales.
#2451 of 3976
Re: The Hyundai Cinderella Story [houdini1] by toye
May 26, 2009 (5:22 pm)
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Replying to: houdini1 (May 26, 2009 1:29 pm)

Yes they do. Hyundai bought Kia a think in the late 90's
#2452 of 3976
Re: The Hyundai Cinderella Story [ateixeira] by m4d_cow
May 26, 2009 (11:27 pm)
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Replying to: ateixeira (May 26, 2009 10:30 am)

I bet VW drops. They are too dependant on Europe.
 
Not really. Remember that VW group consists of different brands. Their sales in east Asia particularly China constantly increase every year, and there are no signs of sales loss anytime soon. For example, many people don;t know this but Audi A6 is the highest selling midsize luxury car in the world, more than even the famous Mb E-class.
 
Hyundai group includes Kia. Kia plays in the lower economy market, while Hyundai takes the upper market nowadays.
#2453 of 3976
Re: The Hyundai Cinderella Story [m4d_cow] by steve_ HOST
May 27, 2009 (6:12 am)
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Replying to: m4d_cow (May 26, 2009 11:27 pm)

VW has a bit of a cash flow problem though. A bunch of their cash just flowed to Porsche.
 
Porsche Tries to Deflect Bankruptcy Talk (Inside Line)
#2454 of 3976
Re: The Hyundai Cinderella Story [m4d_cow] by ateixeira
May 27, 2009 (8:14 am)
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Replying to: m4d_cow (May 26, 2009 11:27 pm)

They need to be more successful in the volume segments, and I don't see too many Rabbits or Polos in China or India given all the Tata Nanos and low-priced Chinese cars arriving so often.

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