According to Automotive News, Hyundai is working on a smaller rear-wheel-drive car aimed squarely at the BMW 3 Series. Reportedly dubbed "RK" internally, this new model will not launch until 2015 at the earliest, according to the report.

Details on this new entry-level performance sedan are slim, with Automotive News only reporting that the new model will use a version of the rear-wheel-drive platform that underpins the Genesis Coupe.

In other RWD Hyundai news, AN states that the larger Genesis sedan is still on track for a complete refresh, with the new model expected to arrive by the end of 2013 at the earliest as a 2014 model. As we've reported before, the next-generation Genesis will also likely benefit from optional all-wheel drive. Hyundai's Equus flagship is also scheduled to get a slight refresh in the near term, debuting next summer for the 2014 model year.