For South Korean market
A new luxury sedan wearing the Hyundai badge was spotted recently, ahead of its debut towards the end of next month.
It seems Hyundai is just about ready to introduce a new luxury sedan at home in South Korea. The model is currently known as the "AG" and will ride on Grandeur/Azera platform but will be a bit larger and will slot between the Grandeur and Genesis. Pricing is expected to be in the low-to-mid 40M won (about 37,800 USD) to compete with the BMW 3-Series, Audi A4 and Mercedes-Benz C-Class.
Many of the tech goodies and luxury appointments will be carried over from the bigger Genesis while under the hood it could get the 3.3-liter GDI engine.
The Hyundai "AG" will be unveiled – probably as a near-production concept - at the end of May during the 2014 Busan International Motor Show in South Korea. If feedback will be positive, sales will kick off in the second half of the year.
Source: hyundai-blog.com and reuters.com
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