Hyundai Names Its Newest, Smallest SUV

Hyundai will unveil its newest, smallest SUV, which will be known as the 2020 Venue, at the New York auto show later this month.

The 2020 Venue will slot below the Kona subcompact SUV as the brand's entry model. Hyundai hopes buyers will agree that its vehicle embodies the characteristics of "the place to be," according to a release.

Hyundai is expected to price the Venue below its Kona, which retails for at least $19,990 plus a $1,045 delivery fee.

Hyundai will unveil the vehicle during an April 17 livestreaming event at 10:45 a.m. East Coast time.