Posted: 04/09/07 12:38 PM
Hyundai Pickup Truck May Be in the Pipeline
SEOUL, S. Korea — Hyundai Motor took a step closer toward producing a pickup truck for the U.S. market, with the announcement on Tuesday that it was considering such a vehicle following a trade deal with the U.S. But the timeline for such a vehicle in the Hyundai lineup remains vague and could be years away.
"We will conduct a feasibility study [on the pickup model] as a long-term project, depending on the elimination of tariffs," Hyundai said, according to Reuters.
The U.S. on Monday agreed to immediately remove tariffs on cars with engines 3.0 liters or smaller and auto parts from South Korea. The agreement also called for the elimination of tariffs for pickups in 10 years.
For years, Hyundai's American dealers have been urging the automaker to flesh out the lineup with a pickup truck. The brand's American executives and engineers have acknowledged for several years that the company has been considering adding a pickup. But the new U.S. trade pact finally makes the long-term plan for a pickup truck a little more realistic.
What this means to you: There could be a Hyundai pickup in your driveway in the distant future.