Why car companies like hyundai and ford taking a stab at luxury car companies like BMW, Land Rover, and Lexus?

for example the 2007 Hyundai Veracrus beats the 2007 Lexus Rx 350, The Hyundai Santa fe defeats the Land Rover LR2 in all tests, Th Ford Edge is faster than the BMW X5, the hyundai sonata has more interior room and the same features as the BMW 323i and costs 10,000 dollars... Read More

  • These Korean companies are trying to strongly enter the market by imitating the big luxury cars. Have you noticed that their cars look a lot like BMW's, Lexuses & Mercedes's? They are trying to gain some market share. They want to show the world that they can build beautiful cars, powerful cars with cheaper prices... Read More
  • market competition.... You dont just see it in the automotive field, but any other field. It is actually a good thing that company like Hyundai and Ford were able to keep up with the main features of the higher end/ luxury car at a cheaper price because that gives the lower, middle class a chance to experience the... Read More
  • it makes you think and talk about. you wont compare it when shopping for a luxury but if your looking at cars in its class it gives it an edge
  • quite simply they are running a business and they expect to increase their profit by getting into this market
  • marketing competetion. All the companys want money and more customers to buy there goods.
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