Hyundai Motor announced today that it would not introduce any temporary measures such as incentive programs to lure customers from Toyota, which shut down sales of some of its best-selling vehicles on Wednesday
"We will maintain our quality and price strategies and stick to the strategy of unveiling cars with competitive prices," Park Dong-wook, a senior vice president of Hyundai's treasury division, told a meeting with analysts after quarterly results.
"It is undesirable to link our strategy to the Toyota problems," he added.
[Source: Reuters]