Hoping to attract the rich buyers in the world’s second largest auto market, Hyundai said today that it has plans to introduce a premium model in China in April of 2008.
While Hyundai has not release any pricing details on the model, Chinese media reports that it will cost around 400,000 yuan ($53,180). Hyundai aim is to sell 3,000 units of the “BH” model (Genesis) in China in 2008.
According to a Hyundai official, the Korean auto maker hopes to boost...
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