Hyundai supplier hints at revamped Elantra for 2015

Reuters

SEOUL, Oct 7 (Reuters) - A revamped version of HyundaiMotor's Elantra, the company's popular compactsedan, could be launched in 2015 after a small company said ithad won a contract to supply steering wheels for that time.

South Korea's Dayou Smart Aluminum said in afiling on Monday that the company would supply steering wheelsfor the new Elantra for seven years starting the second half of2015.

It said the timing could be subject to change depending onHyundai Motor's development plan.

Hyundai's current generation of Elantra was launched in2010, and is the top-selling model in the United States andKorea after the Sonata mid-sized sedan. The bread-and-butterElantra model also won the car of the year honours at theDetroit auto show in 2012.

"The supply of automobile parts usually coincides with theproduction timing of cars. Given Hyundai's product cycle of fiveto six years, Hyundai is likely to launch the new Elantra in2015," said Suh Sung-moon, an analyst at Korea Investment &Securities.

A Hyundai Motor spokesman declined to comment on theproduction plan for the fully refreshed Elantra.

Dayou is South Korea's top steering wheel maker, whichcounts Hyundai Motor, Kia Motors and General Motors' local unit as its customers, the company said in afiling.

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