Hyundai Equus coming to the U.S.

Citing an unnamed source "close to the project," InsideLine is reporting that Hyundai plans to bring the Equus super-sedan to the States within the next two to three years. According to the insider, "... you wouldn't be too far off if you said the car was coming to the United States. Our chairman wants it."

Although the news doesn't come as a complete surprise, particularly considering Hyundai brought out an Equus to this week's New York Auto Show, the biggest hurdle to overcome is price. In its current form, the Equus starts at around $96,000, putting it squarely up against such high-dollar machinery as the Audi A8, BMW 7 series, Lexus LS and Mercedes-Benz S-Class. Hyundai knows it's not ready to swim with the whale sharks of the luxury world, so it's hoping to get the sticker closer to $50,000 when equipped with the automaker's 5.0-liter V8 and new eight-speed transmission.

[Source: InsideLine]