Hyundai Unveils Veracruz
The Daily Auto Insider: Hyundai unveiled its Veracruz luxury SUV — which is headed for the U.S. market — in Seoul, South Korea.
Hyundai unveiled its luxury SUV — which is headed for the U.S. market — in Seoul, South Korea, The Wall Street Journal reports. The Veracruz, which will go on sale for over $30,000, is similar in size to the or Nissan Murano. The automaker expects two-thirds of sales to come from the U.S. market. Hyundai forecasts sales of 80,000 worldwide. The Veracruz is expected to hit the U.S. market late this year.
The Veracruz and the luxury sedan, which was introduced last year, offer the first models in a planned separate luxury brand for Hyundai, which may come as early as 2008.