Hyundai Genesis Going to China Next Year, Priced at $53,200 - VIDEO ENHANCED

SHANGHAI - September 18, 2007:

Hyundai Motor Group (China) plans to import the latest luxury sedan Genesis and the fifth-generation coupe to the Chinese market next year, state media Nanfang Daily reported yesterday.

Positioned between Hyundai Equus (called Centennial overseas) and Yazun (Azera), the 3.3L-3.8L Genesis will compete with Lexus ES, BMW 5-series and Benz-E series. This model is priced around 400,000 yuan (US$53,200).

In addition, another Hyundai coupe will be imported and go on sale in April next year. This fifth-generation Coupe features more luxurious designing and will be more competitive in terms of price compared with its rivals, like Nissan 350Z and Infiniti G-series.

V6 or V8 engines will be installed on this model and it may also be locally assembled in Beijing Hyundai's second factory.

For more information about the burgeoning auto industry in China please visit http://www.gasgoo.com/Autobiz/list/7/China-News.html