Hyundai Veloster Concept - Click above for a high-res gallery

With the Genesis Coupe coming into its own, the handwriting has been on the wall for Hyundai's front-drive Tiburon. Confirming what we first reported back in February around the Chicago Auto Show, the Korean automaker has now told AutoWeek that it plans to introduce a new model based on the 2007 Veloster coupe concept – a model that it hopes will capture a different demographic than the outgoing Tiburon.

John Krafcik, Hyundai Motor America's CEO, has let slip that the car probably won't be badged Tiburon, and it will be at once smaller and less expensive than that car, occupying what the company is describing as an "eco-sport" marketing position.

The Tiburon's replacement will be based off the same front-wheel drive architecture that underpins the Accent and Elantra, packing a 1.6-liter four-cylinder engine and taking its design cues from the Veloster concept shown at the Seoul Motor Show in 2007. The Scion tC fighter is expected to debut at the Frankfurt Motor Show in September and could find its way to U.S. shores in 2011 as a 2012 model.

[Source: AutoWeek]

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