Hyundai is set to end production of the Veloster in South Korea in July, according to a report from a South Korean publication. Hankyungciting undisclosed sources.
According to the report, Hyundai Motor Company is completely dropping the Veloster nameplate after 11 years. The move was expected to bolster Hyundai’s production of the next-generation Kona, as well as sales of the Elantra N, also known as the Avante N in its home country of Korea.
The Veloster’s demise follows a report earlier this month that the original Ioniq sedan will also end production in July.
Hyundai currently produces the Veloster N exclusively, dropping the standard version in the process. It is currently manufactured in one of the production lines at Hyundai’s Ulsan 1 plant where the Kona is assembled. With the next-gen Kona arriving next year, the death of the Veloster should leave more room to produce the most successful nameplate.
The publication also cited market preference – both local and global – for the Elantra N over the Veloster N. The automaker has sold fewer Veloster N units since the performance sedan was introduced. last year – quite understandable since these two cars overlap in terms of performance.
Meanwhile, the next-gen Hyundai Kona has been spotted several times on public roads, with the recent sighting having less camouflage than before. The second-generation Kona appears to retain the split headlight setup.
The next Kona is expected to be unveiled in full in 2023, given that the facelifted model was just introduced in late 2020. No confirmation on that timeline yet, so let’s all keep an ear to the ground until until an official announcement surfaces. Hybrid and electric versions, however, most likely occur in the next-gen model.