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Posted

Hyundai is pouring $1.8 billion by 2020 for a new offensive in commercial vehicles. This new offensive will include the U.S. getting some of these new vehicles.

According to Reuters, the majority of this investment will go into research and development of vans, trucks, and buses. The remainder will go into raising production of current models.

Commercial vehicle sales are expected to rise 30 percent in each of the next five years and Hyundai want a nice slice of it. Currently, sales of Hyundai's commercial vehicles fell in all the markets it sells in at the moment.

Hyundai also plans on introducing "premium models in North America and Europe." No timeframe was given for this.

Source: Reuters


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Posted

Don't they already have premium models in North America?

 

It is an interesting time for commercial vehicles. Purchasers of such vehicles are going to have some of the widest number of choices in decades.

Posted

Sounds interesting, but that van in the picture is just incredibly ugly.

 

I doubt we'll get that one.

 

I still don't understand Hyundai Kia anymore.  What is the point of the Kia brand?  that's where I'd expect commercial vehicles to go and where I wouldn't expect a vehicle like the K900 to show up. 

Posted

Sounds interesting, but that van in the picture is just incredibly ugly.

 

Lets be honest for a moment - commercial vehicles aren't really know for their good looks. If we do get that van (the i800), expect it to be a major redesign.

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