Hyundai Motor America CEO Dave Zuchowski has revealed the company is considering a new luxury model to be sold alongside the Genesis and Equus.

Hyundai Motor America CEO Dave Zuchowski has revealed the company is considering a new luxury model to be sold alongside the Genesis and Equus.

Speaking to Automotive News, Zuchowski said the company is weighing a third luxury model to compliment their rear-wheel drive flagships. He declined to go into specifics but said "I think it's fair to say that within a couple of years there may be another premium [model]."

The executive declined to say what the third model could be but previous reports have indicated the company is developing a competitor to the BMW 3-Series and Mercedes C-Class. Reportedly codenamed RK, the model is slated to be launched in 2016 and feature a turbocharged 2.0-liter four-cylinder engine or a 3.3-liter V6.

Zuchowski also confirmed the company is considering an entry-level crossover. It remains unclear if he is talking about the ix25 but he said "We're always looking at segments that we're not in right now that maybe we should be based on where the market's going."