Along with an updated version of the Grandeur (aka the Azera), Hyundai has revealed the new “AG” large sedan, which will be a flagship, but also slot below the Genesis and above the Grandeur.
Technical specifications are unknown, but one thing is for certain: the AG will not be coming to North America. Hyundai is apparently feeling the pinch from “import” brands in its home market of South Korea, and the AG is meant to be a response to growing sales from non-domestic brands.
According to Automotive News, free trade agreements have sent import sales skyrocketing, with German brands providing intense competition to local players. Overall, imports make up as much as 13 percent of South Korea’s car market, which was closed until 1987.