Hyundai aims to boost prestige with Hermes tie-up

02/04/2013
French leathergoods brand Hermes has designed the interiors of three Hyundai vehicles in a collaboration the carmaker hopes will help it compete with rivals BMW, Audi and Mercedes in Asia.

"The model is aimed at improving brand image," Cho Won-hong, Hyundai's chief marketing officer, told reporters.

Hyundai collaborated with fashion house Prada two years ago in a similar move, but sold only a third of its targeted 1,200 vehicles. However, Hyundai said the project significantly improved its image. 

Hermes, whose logo is a horse, designed the interiors for the company’s most expensive sedan, the Equus - the Latin word for horse.