Tag - Hyundai's Ioniq to heat up competition in Korea

Hyundai's Ioniq to heat up competition in Korea

Competition is expected to intensify in the South Korean hybrid vehicle market as two global automakers are set to clash with their new subcompact models that are already drawing favorable responses from customers, market watchers said Wednesday. With Hyundai Motor Co. and Toyota Motor Corp. claiming to guarantee better functions and improved driving performance than existing models, fuel efficiency remains a major factor that determines the winner in the hybrid market in the years to come. Hyundai Motor, South Korea’s leading [...]

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