South Korean automaker Hyundai has announced its plans with regard to the electrification of commercial vehicles in the coming years.

Weak market recovery, intensified competition and a capacity constrain has lead Hyundai Motor Co and affiliate Kia Motors Corp to aim for increasing its target of vehicle sales globally in 2015 by 2.5 percent. The South Korean companies have seen slowest rate of expansion in the last nine years.

In what probably is the first complete redo of the 2008-introduced Genesis sedan, Hyundai Motor took the wraps off a sleek overhauled edition of its high-end Genesis sedan in South Korea on Tuesday.

South Korean automaker Hyundai has revealed in a last-week announcement that it is bringing a hydrogen vehicle to the market in 2014, when it will start selling a Tucson SUV powered by a hydrogen fuel cell in the US.

After having recently launched its new `Grand i10'  small car, leading Korean automaker Hyundai Motor India Ltd (HMIL) has revealed in a recent announcement that it is developing a compact sedan based on the Grand i10.

Owned by the Hyundai Motor group, Hyundai and Kia accepted that they had over stated the mileage for 900,000 vehicles which were sold in United States in previous two years.