Hyundai announced Sunday that it will be jumping whole-heartedly into the hybrid business. A day after Toyota announced that its Prius and Camry hybrid models would be sold on its South Korean home turf, Hyundai has let it be known they would speed up their mass production plans and counter their competitor at home and abroad. Because of rising fuel costs and consumer eco-awareness, the company is predicting over a million hybrids to be sold annually by 2010 and it wants a large slice of that ac
The South Korean newspaper Yonhap is reporting that Hyundai just might bring out a plug-in hybrid. The public version of Yonhap's article is incredibly short, but does say that "no decision has been made yet, said a company official, asking not to be named."