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Hyundai confirms luxury Genesis Brand to take on Lexus & Infiniti

Hyundai are planning to launch the Genesis Brand (Hyundai Veloster pictured) The rise and rise of Hyundai (and Kia too) has lead to speculation for some time that the next stage in their evolution is a proper luxury brand to take on Infiniti and Lexus, and it’s now confirmed that Hyundai will be launching the ‘Genesis’ brand within two years. Not to be confused with the ‘Not for the UK’ Hyundai Genesis, the Genesis brand will be a range of cars from Hyundai offering real competition for the luxury brands from Nissan and Toyota, but with a dose of Hyundai pricing and warranty thrown in to the mix. Hyundai’s product manager in Australia – Roland Rivero - has come out and confirmed that the Genesis brand is in  the making and will initially – at least in Australia – offer two RWD cars.

July Debut For Citroen’s New C1 City Car

THE BATTLE for hearts and minds in the city has just got hotter with the launch of Citroen’s second generation C1 urban runabout. Although the diminutive French hatch shares much with its Peugeot 108 and Toyota Aygo stablemates, the C1’s bold new exterior look shares more with recent arrivals such as the firm’s new Picasso people carrier. On sale in July, UK buyers will be able to choose from three trim levels with prices ranging from £8,245 for the entry-level Touch to £11,935 for the range-topping Flair.

Opening day auction results from Monterey

In results gathered by Hagerty Insurance, $5.8 million worth of cars, trucks and motorcycles were sold Thursday at auctions on the Monterey Peninsula. A total of 190 of 323 lots were sold, for a sell-through rate of 59 percent. The average selling price was $30,511.