7th Mar 2011, 14:13

We were originally talking about the Chevrolet Aveo, otherwise known as the Daewoo Kalos. It has worse resale value than any Hyundai. You have to practically give these things away after you buy them, despite the Chevrolet badge.

GM's small cars have a history of poor resale value. The crude Cavalier/Sunfire shared the the same platform for 25 years. They also shared the same poor resale value problem. They held no better or worse equity than any Hyundai. Owners had to almost give them away, because people knew they were crude, outdated, and unpleasant, just like Consumer Reports said.

7th Mar 2011, 22:31

I don't think Hyundai is trying to kid anybody. They're just trying to make more money. They recently replaced Nissan as the world's fifth largest automaker. People can dump on them, but many car manufacturers consider them real competition. Also, I don't know if Kia is raising their prices. Hyundai owns Kia, but Kia operates separately.