Hyundai Motor Company Business Challenges and Relationships Case Study

Hyundai labor Company Business Challenges and Relationships - Case Study ExampleIn a bid to penetrate the markets of the develop countries, the companys packaging strategy faced great challenges. First, the companys most big-ticket(prenominal) automobile model such as the Santa Fe and Sonata were undervalued when compared against their competitors in those markets. A research in these markets reviled that disrespect the cable cars from Hyundai ranking high in terms of quality scores when compared to their competitors, they still had lower resale values. A well-behaved example is the Hyundais Elantra which had higher quality rankings than the Dodge Neon, Nissan Sentra, and Chrysler but when it came to the resale values all these car models bedded well than it. Similarly, this was phenomena was also exhibited in the Hyundai Santa Fe. Its quality rankings ranked higher than that of competing models such as the Toyota RAV 4, Toyota Highlander, the Jeep Liberty, the crossway Esca pe and the Mazda Tribute. After one-year of sale, the retail value of the Hyundai Santa Fe was much lower than all these car models from competitors. To make matters worse the resale value gap between the Hyundai Santa Fe car and its competitors such as the car models from Toyota was larger than the quality gap between the car models. The resale value of a car is usually considered as the markets perception of the quality, worth and value of that specific model. These low ranking of the models from Hyundai models in the markets of positive nations pose a great challenge to the survival of the company in those markets.