Hyundai Considers Developing Premium SUV to Meet Growing Demand
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Hyundai Motor Co. may develop a large premium sport utility vehicle to cater to growing demand for the segment, after sales of its lineup of predominantly sedans slumped.
South Korea’s biggest automaker is looking into introducing a bigger premium SUV and hasn’t decided which vehicle platform it will be based on, the company said in an e-mail. Reuters reported the SUV plan earlier on Monday.