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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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http://abcnews.go.com/video/playerIndex?id=7312406
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Replying to: dean3927 (May 23, 2009 5:00 pm) |
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Replying to: dean3927 (May 23, 2009 5:00 pm) 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.
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Replying to: ateixeira (May 26, 2009 6:37 am) 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?
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Replying to: m4d_cow (May 26, 2009 10:17 am) |
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Replying to: m4d_cow (May 26, 2009 10:17 am)
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Replying to: houdini1 (May 26, 2009 1:29 pm) |
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Replying to: ateixeira (May 26, 2009 10:30 am) 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.
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Replying to: m4d_cow (May 26, 2009 11:27 pm) Porsche Tries to Deflect Bankruptcy Talk (Inside Line) |
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Replying to: m4d_cow (May 26, 2009 11:27 pm)
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