Hyundai Motor (HYMLF.OB,HYMTF.OB) will stop production of diesel versions of four car models due to weak sales, Yonhap reported.
The diesel models of the midsize Sonata, compact i30, full-size Grandeur and sport utility vehicle Maxcruz will no longer be manufactured as of Friday, and only those remaining in stock will be sold, the automaker reportedlysaid.
Total sales of the diesel Grandeur and diesel Sonata last year stood at just 6 percent and 2 percent of their gasoline versions. For the i30 and Maxcruz, their overall sluggish sales made it inefficient to produce diesel models, according to corporate sources.
Diesel cars are sold at a higher price but have an advantage in fuel efficiency resulting in low fuel costs. Nevertheless, customers have turned more to hybrid electric and plug-in hybrid electric cars for eco-friendly choices.
However, Hyundai and its sister Kia Motors Corp., the flagships of Hyundai Motor Group, do not have any plans to suspend all diesel car production.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.