Automakers
May 13, 2008
Hyundai shelves US plan for pickups
“We had studied it as a long-term project. But it appears to be too early to get into the market now because oil prices are rising sharply and trucks don't sell well in the United States”
Hyundai Motor Co. has shelved a plan to make pickup trucks in the United States as demand for that type of vehicle declines amid high oil prices, a company official said Tuesday. via MSN Money
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