Hyundai banks on SUV to boost waning sales


The Hyundai Motor Co. Kona sport-utility vehicle (SUV) is displayed on stage during an unveiling ceremony in Goyang, South Korea, on Tuesday, June 13, 2017. - AFP

SEOUL: Hyundai Motor Co is counting on its first global compact SUV model to revive flagging sales after missing out on the popularity of sport utility vehicles in its major markets.

Vice chairman Chung Eui-sun unveiled the Kona SUV yesterday, with a starting price of 18.95 million won (US$16,800).

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