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Apparently, Hyundai just lifted an embargo on the first round of images of its Genesis concept, due to be unveiled at next month's New York Auto Show.

Although labeled as a "concept," Hyundai's heads are already speaking as if the Genesis has been green-lit for production, saying that the all new, rear-wheel-drive sedan will look very much like the concept and will carry a price tag "well under $30,000."

What badge will appear on the trunk lid when it hits dealerships in 2008 is up in the air, but according to The Car Connection, several details seem to be decided on. First, a new "Tau" V8, producing over 300 HP, will find its way under the hood, giving the RWD sedan a 53:47 weight distribution and propelling it to 60 in less than six seconds. The automaker made overtures that the new powertrain may come in different displacements, possibly sporting a 3.6-liter V6, and could even be produced with some form of forced induction. Hybrid versions seem to be on the table as well.

As for features, expect the Genesis to come with HID headlamps, nav, active cruise control, HD radio, Bluetooth, stability control and side airbags; the last two being designed into the concept. All those features allow Hyundai to set its sights squarely on much higher priced German metal, and that's exactly what they've intended.

Check the gallery below for ten images of the concept.

[Source: The Car Connection]

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