SEOUL Oct 7 A revamped version of Hyundai
Motor's Elantra, the company's popular compact
sedan, could be launched in 2015 after a small company said it
had won a contract to supply steering wheels for that time.
South Korea's Dayou Smart Aluminum said in a
filing on Monday that the company would supply steering wheels
for the new Elantra for seven years starting the second half of
It said the timing could be subject to change depending on
Hyundai Motor's development plan.
Hyundai's current generation of Elantra was launched in
2010, and is the top-selling model in the United States and
Korea after the Sonata mid-sized sedan. The bread-and-butter
Elantra model also won the car of the year honours at the
Detroit auto show in 2012.
"The supply of automobile parts usually coincides with the
production timing of cars. Given Hyundai's product cycle of five
to six years, Hyundai is likely to launch the new Elantra in
2015," said Suh Sung-moon, an analyst at Korea Investment &
A Hyundai Motor spokesman declined to comment on the
production plan for the fully refreshed Elantra.
Dayou is South Korea's top steering wheel maker, which
counts Hyundai Motor, Kia Motors and General Motors'
local unit as its customers, the company said in a