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Tag Link: Hyundai

Finally, we’ll have something the Europeans don’t have and may actually want - and it’s from Hyundai.

According to Hyundai’s spokesman Oles Gadacz, Hyundai will not sell its new flagship luxury sedan, the Genesis, in Europe. Hyundai says learning from the failure of Toyota’s Lexus to sell cars in large quantities in Europe is one major reason.

“We looked at Lexus’ track record in Europe,” said Gadacz.

In 2007, Lexus sold...

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Hyundai learns from Lexus’ failure, no Genesis for the Europeans

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