We have more details on the recall to Hyundai’s popular Sonata model now, as we have the views from a analyst in South Korea, where the car giant is based. Should the company now expect a fast drop in sales due to the recall?
According to this article from Business Week, Hyundai may escape from a public backlash, as Yim Eun Young, a Seoul-based analyst at Dongbu Securities Co explains the possible outcomes that Toyota could face as a result of this recall.
Here is what he had to say: “It’s a recall of Hyundai’s flagship model, so it sounds negative. Still, I expect a limited negative impact to the sales of Sonata in the U.S. since it’s a voluntary recall. ”
Do you own a Hyundai Sonata?