Will the Big 3 survive?
More bad news for American car makers:
EVEN as they fall further behind their Japanese rivals, America’s carmakers must worry about a new rival driving faster into their backyard: Hyundai Motor. Not long ago, the South Korean firm’s cheap and unreliable imports delighted America’s comedians rather than its customers. But Hyundai has rapidly improved the quality of its vehicles, which now win rave reviews. On May 20th the firm opened its first factory in America.
Some of those Hyundai sedans, especially the shiny black ones with the modest chrome trim package, are quite attractive. I would consider buying any car that has been rated as “the most reliable car in America, JD Power,”