Hyundai Motor announced today that it would not introduce any temporary measures such as incentive programs to lure customers from Toyota, which shut down sales of some of its best-selling vehicles on Wednesday
"We will maintain our quality and price strategies and stick to the strategy of unveiling cars with competitive prices," Park Dong-wook, a senior vice president of Hyundai's treasury division, told a meeting with analysts after quarterly results.
"It is undesirable to link our strategy to the Toyota problems," he added.
[Source: Reuters]
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3 comments:
Hyundai is poised to sell 300k Sonata in this calendar year. Watch out!
They changed their descision and give 1000 trade-in rebates to former Toyota owners now.
Source: www.detnews.com/article/20100129/AUTO01/1290431/1148/rss25
Hyundai will try to take full advantage of the situation. There will be more surprises in future lets wait and watch.