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economist suntribune january 14 1987 b5 business news xv hyundais success on the wane in 1987 hyundai auto canada will move to a new base while bat tling to retain an old position the new base is the 220000- squarefoot building going up at the corner of hwy 7 and woodbine ave the old position is 1 on the list of canadas import car com panies moving to the new building is virtually assured since the parts operation is set to take up its 160000 square feet of warehouse space this february with the head office people following in april holding onto the number one import spot wont be so easy what with increased foreign and domestic competition and a new six per cent duty on cars built in south korea that will have an effect on some company prices hyundai auto canada vice- president tom ciresa says the sales goal for 1987 is 70000 cars though hes a little rueful about making predictions as hyundais crystal ball has been cloudy since it arrived in canada in 1984 the 25000 cars sold the first year were five times the projection the 79000 vehicles sold in 1085 were almost twice the goal and last years 70000 units were 30000 under target for 1987 hyundai is sticking with three models pony excel and stellar but is adding some new variations most notably a new threedoor excel listed at 6795 mr ciresa commented on the price saying its a clear mes sage that hyundai will be aggres sive and competitive he expects that of the 35000 ex cels the firm hopes to sell this year about 9000 will be this low- priced l version of the front- wheeldrive car the projection for the pony in 87 20000 units underlines the de cline in popularity of the rear- wheeldrive car that rocketed hyundai to the top of the import heap in 1985 50779 ponys were sold making it the most popular car in canada last year 31217 ponys were sold good for sixth place on the top 10 and still the number one import model the fivedoor pony l with its 1400cc engine and fourspeed transmis sion sells for 6795 the more powerful fivespeed cx lists at 8195 stellar sales have followed a trajectory similar to the ponys going from 28292 in 1985 making it canadas seventh most popular car to this years hopedfor 15000 hyundais largest model retains its rearwheeldrive con figuration but now has a larger 2litre engine better suspension and transmission and a restyled front end the steller cl starts at 10495 and the fancier similarly po wered stellar cxl at 12495 i hyundai officials admit that for 1987 the excel will be their num ber one car sales figures from fhe united states where ponys and stellars are not available give them their optimism in its first 10 months in the us hyundai sold nearly 169000 excels old ccwty 0m fine austrian dining fully licenced 198 main st unionville hours monday closed tues sat 11301100 sun 12001000 come in and say hello to our top salesman for the year 1986 randy deval hwy 7 east of mccowan 2948100 home of the professionals vmmum iwora hwy 7 east of mccowan 296100 though it has a bargain base ment price at the low end of the model range an excel can also cost you 9395 if you want the trickedout gls model with four doors and five speeds with the success of hyundai in canada company president sh park encouraged hyundai motor company bigwigs in korea to build here the result is the firms first auto manufacturing plant outside korea which is going up in bro- mont quebec right now projec tions call for 1500 workers to put together 100000 hyundais a year by 1991 all of which are slated to go to the canadian market another hyundai project a parts manufacturing plant in newmarket is still in the cards but the hand is being played more slowly than planned starter motors were to be built there beginning this past sum mer but now theres no definitive answer on what will be made there or when officials at the company say details will be made available by the end of the month the markham head office and central parts plant which was be gun in august is two months be- classic collection opens in stouffville efw jane rooneyowner classic collection in markham has become a favourite ladies fashion boutique for over four years with its success owner jane rooney recently opened her new store serving whitchurch- stouffville located in a century home on main street stouffville classic collection is stocked with a vari ety of name brand clothing in cluding leslie fay dresses rouie sportswear and boston trader v handmade ceramic jewellery and silk scarves in favourite col ours are also sold to enhance any outfit 4714846 6406932 flfenotm- to guess whos away on holidays kjaveyourapartmen superintendent or neighbor remove mail from the box fevesare always on watch for telltale signs for your free home security analysis and your free copy of a 200 page book protect yourself against crime call response first response home protection systems nc 2266940 the wireless security specialists canadas best ongterm rrsprecord we dont know jny oilier irspclifille investment that can beat this record over the past i9years industrial croivth fund has achieved total jrowth of almost 2000 with dividends reinvested that means that 10000 invested in 1967 is now worth more than 209364 for nearly two decades thats a 1 74 average annual com pound rate of return a direct result of the conservative but growihoriented money management strategy of mackenzie financial corporation when your rrsp demands the fecii longterm performance why settle for anything less fora full package of information including specific com parisons witli other investments return the coupon or call a k u l jl douglas b mackenzie wldvanlapes bus 622661 0 res 2947035 j t 1 eva rd suite 111 etobicoke ontario m9c 425 looking boih ways to rrmpa your rrsr o please send me more information on an industrial crowth fund rrsp and its 2000 growth record postal city rnov cone niont hoiiic bullnrll all lijurrt io dtt i ifttfwiihdivklrihlsrrinvttia i9ytit out kiuii iti i w oiiryrjr mum h 05 my otki liudtf only liy prmjyciut ndustrial growth fund mecjan ith hind schedule and a little over its 20 million cost still andrew chong vice- president of finance and chair man of the committee planning the new building said people are impressed at how quickly the buildings gone up he says theres nothing special about the facility except that it should make life better for the 200 people wholl be working there chong promises that the firm will have its neighbours over for a look this summer when the buildings up and running classifieds 2942200 6402100 if its speed youre after the classifieds really move it really covered housing costs in markhamunionville have increased by 40 in the past year houses in our community now cost an average of 17825000 dont be caught short for a complte personal review of your insurance needs why not give us a call 4772734 colley borland vale insurance business directory unionville broadloom interiors 4418 hwy 7 4773100 unionville 4772700 first ouality merchandise and guaranteed prices bs0adio0 flooring wallpaper draperies verticals blinds a conors deawv sevce dxorzmg rones n ns a-eato- cvet w ws bl business equipment ltd unit 12 34 sims crescent nchmond hill ontario l4b ibs sales rentals of new used office equipment toronto 416 7318284 toronto west 416 2235051 j a vanuden cga certified generalaccountant accounting bookkeeping personal corporate taxation 2945851 if you are getting married welcome wagon bridal party free admission by invitation phone 4771995 olympia international m to advertise in our business directory call classified 2942200 6402100 ag yan electronics inc salesservicerentals bs-colovktv-raeo- sierios authorized dealer for hitachi s zenith varley village plaza unionville 4773186 mi w p0ray architect 6945424 design heritage renovations construction management j consultations xt 58x828dl2300i23hsb0 sharon hh cu teller cre01i union cu card your key to fast convenient financial service stouffville district credit union is now a participating member of the inter credit union icu network across the province armed with your new cu card and personal identification number pin you and your fellow credit union members can now make cash withdrawals transfer funds deposit funds or just make account inquiries through inoffice service during regular business hours and you can use cu automated teller service morning noon and night everyday of the week ask the credit union for a complete list of locations or just look for this symbol order your card today for more information call stouffville district credit union limited 96 main street west stouffville ontario l0h 1l0 6402811 the credit union belongs to you and me