April 19, 2024

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[THE INVESTOR] Korean carmaker Hyundai Motor said on Jan. 8 it will unveil the fully revamped Veloster hatchback at the Detroit motor show, which opens this month.

The 2018 Detroit Auto Show, also known as the North American International Auto Show, will open to the media on Jan. 14 and to the public on Jan. 20, with carmakers focusing on electric, semi-autonomous and high-performance models, industry sources said.

Hyundai plans to launch the all-new Veloster with 1.4 turbo and 1.6 turbo gasoline engine models in the domestic market and then abroad this year, a company spokesman said.

In addition to the Veloster model, details about other vehicles from Hyundai and its sister company Kia Motors. to be unveiled at this year’s first major auto show will be made available soon, the spokesman said.

Toyota Motor plans to showcase a new full-size Avalon, and Lexus hopes to steal the show with its luxury crossover concept, the Lexus LF1 Limitless, industry sources said.

BMW will introduce the i8 Coupe plug-in hybrid sports car, the electric i8 Roadster and the little X2 crossover. Mercedes-Benz plans to show off the AMG CLS53 hybrid sedan -- an upgraded G-Class utility vehicle -- and other new models, they said.

By Alex Lee and newswires (alexlee@heraldcorp.com)