.
   
register for an account    --    


Go Back   GupShup Forums > Science & Technology > Machines Gadgets & Automotive > RSS: Automotive


Reply
 
Thread Tools Display Modes
Old Nov 29th, 2009, 06:30 PM   #1 (permalink)
in search of my botni ...
 
GSBot's Avatar
 
Join Date: Dec 31, 1969
Posts: 49,320

none




As Hyundai continues to pull itself up by its bootstraps, the company is moving decisively and picking up share around the globe. However, one key market continues to be so problematic for the brand that they've decided to abandon it altogether: Japan. Rather than dodder around and wait for its disappointing performance to improve, Hyundai is tying off the bleeder that is the company's Japanese market presence. The cars themselves, either under Hyundai badging or as Kias, have become contenders in terms of styling and quality, two key indicators of the company's commitment. And the move into Japan was part of Hyundai's worldwide plan for expansion. For all its efforts, though, the famously insular market has deflected this outsider. In the eight years Hyundai has been selling vehicles in Japan, it has only managed to shift 15,000 units.

For all its efforts, 1,875 cars per year just isn't worth it to Hyundai, though it will still try to sell commercial vehicles to Japan. According to the South Korean daily, Chosun Iibo, tariffs are slapped on outsiders selling cars in Japan, and the size of some models Hyundai's been trying to market there doesn't match up with typical Japanese garages and parking spaces. Buyers who have the space for larger cars aren't the ones Hyundai's trying to nab, either. Those purchasers typically pursue higher-end metal.

Interestingly, rival Toyota might see Hyundai's move as a sort of victory. Toyota itself established a beachhead in the more-welcoming South Korean market in 2000, and has been selling thousands of vehicles there under its Lexus and Toyota nameplates. While Hyundai is giving up on Japan, Toyota's looking to move more cars than ever in South Korea.

[Sources: CNBC. Chosun]How do you spell Hyundai's Kryptonite? J-D-M originally appeared on Autoblog on Sun, 29 Nov 2009 18:19:00 EST. Please see our terms for use of feeds.







GSBot is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



All times are GMT -5. The time now is 11:07 AM.

 

» quickie
gupshup
cafetravjok arcbaz
unplugged
all img 1 2 3
khl 1 2vidvoice
audshor 1 2
society
pamsiwa p&sr&sc&a bep&e
arts & cul
cl&lpoet 1 2
rkslife 2 3 4 5 (par)
ha&ccs&n c&itauto
features
blogsgames
gs google button
a/v chat all albums
services
supportfeed
gs newsmodrf

» regional
pakistan isb khi lhe mfg
pakistan pew lyp mux uet
united states nyc chi iah lax
india bom del bng
holland / the netherlands ams rtm zyh
saudi arabia ruh jed
england lhr
canada yyz
united arab emirates dxb
other cites of the world all other




gs radio




Powered by vBulletin - Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO 3.3.0