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Hyundai to launch premium Genesis SUV, new Sonata in 2019

Hyundai to launch premium Genesis SUV, new Sonata in 2019

The company is preparing to deal with 'business uncertainties' as the global economy falters.

Hyundai has confirmed plans to launch more than a dozen new or refreshed models this year, potentially helping the Korean automaker turn around sluggish sales in the US and China.

New additions for 2019 include a premium Genesis SUV and a redesigned Sonata sedan, according to a Reuters report based Hyundai executive vice chairman Chung Eui-sun's New Years address to employees.

The executive warned that "business uncertainties" are increasing as the global economy falters and "walls of protectionism" are emerging around the globe.

"Internally, we face challenging tasks such as stabilizing business in major markets like the US and China, while simultaneously enhancing our responsiveness to drive future growth," he added.