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Is There Room in the Luxury Market for Hyundai?

4250 messages,  Last post on Dec 04, 2009 at 6:46 AM

You are in the Automotive News & Views Forum. Your Hosts are steve_ & claires

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


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#2448 of 4250
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 4250
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 4250
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 4250
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 4250
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 4250
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 4250
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.
#2455 of 4250
Re: The Hyundai Cinderella Story [m4d_cow] by joe97
May 27, 2009 (5:49 pm)
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Replying to: m4d_cow (May 26, 2009 10:17 am)

Perhaps Fiat may get into the top 5 if they'd get their way of acquiring all of the troubled brands ie Chrysler, GM Europe. People are saying Fiat may becom the new GM (no, that wasn't a complement).
#2456 of 4250
Re: The Hyundai Cinderella Story [ateixeira] by joe97
May 27, 2009 (6:02 pm)
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Replying to: ateixeira (May 27, 2009 8:14 am)

VW has a large presence in Europe (obviously), China, and South America.
 
China is one of the few Asian markets VW has tapped, benefiting largely from its early entry into the market.
 
Other Asian countries, however, VW has not been as successful, such as another large market, India (where Maruti Suzuki and Hyundai are the two of the larger players).
#2457 of 4250
Re: The Hyundai Cinderella Story [joe97] by m4d_cow
May 28, 2009 (3:01 am)
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Replying to: joe97 (May 27, 2009 5:49 pm)

Fiat's been in constant profit nowadays, but they've just come out of a dark recent past. I agree with you, it seems too obsessed on upsizing, not a good thing.

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