Showing posts with label Awards. Show all posts
Showing posts with label Awards. Show all posts

Thursday, March 22, 2012

"Best Value In America" x4

2012 Hyundai Elantra


Hyundai has recently received four new accolades for the Accent, Elantra, Genesis Coupe, and Tucson models. Each one of the four was awarded "Best Value in America" for 2012 from Vincentric, a Michigan-based automotive data compilation and analysis firm. Vincentric measures cost-of-ownership based on eight categories: depreciation, fuel, insurance, opportunity cost, financing, maintenance, taxes and state fees, and repairs. The cars are assessed in each state as well as the District of Columbia.

Vincentric "measures which vehicles have a lower than expected ownership costs in relationship to their market segment and price." They give insight to the automotive industry by first recognizing and then applying numerous features of automotive value. The Accent, Elantra, Genesis Coupe, and Tucson won "Best Value" for the Subcompact, Compact Sedan, Mid-Size Coupe, and Crossover Compact Entry-Level categories, respectively.

“The Accent, Elantra, Genesis Coupe and Tucson are all prime examples of models that not only meet but exceed customer expectations when it comes to value,” said Scott Margason, director, Product Planning, Hyundai Motor America. Margason adds that the combination of Hyundai's great quality cars and their Assurance program decreases the overall cost of ownership.

Monday, January 16, 2012

2012 HYUNDAI VELOSTER NAMED INTERNATIONAL SPORTY COUPE OF THE YEAR - MOST PERSONALITY

The International Car of the Year Awards (ICOTY) announced the all-new Hyundai Veloster as the 2012 International Sporty Coupe of the Year – Most Personality. Selected by the ICOTY jury, a group of nationally-renowned automotive journalists, the 2012 Hyundai Veloster was deemed the most emotionally compelling new sporty coupe for the year.

"The Veloster is one of the most exciting and fun vehicles we've seen pass through the sporty coupe category in a long time," said Courtney Caldwell, ICOTY founder and executive producer. "The ICOTY jury agreed that the new Veloster had the most personality and will bond effortlessly with consumer lifestyles in both mind and spirit."

The 16th annual ICOTY presenters included Courtney Caldwell, editor-in-chief, Road & Travel Magazine; Denise McCluggage, famed auto journalist and author; and Ken Gross, auto writer for Playboy and Hemisphere's magazine.

"Conceived to attract new, youthful drivers to the Hyundai brand, Veloster stands out from the crowd with a stylish yet functional design that combines the best characteristics of both a coupe and hatchback," said Scott Margason, director, Product Planning, Hyundai Motor America. "The unique personality of the car is attracting many different types of shoppers and we're honored that the ICOTY jury agrees."

The Veloster is an innovative compact coupe that features ground-breaking design, with a unique third door for easy rear-seat access, Hyundai's Blue Link® telematics system, Pandora® internet radio with seven-inch touch-screen display and a new 1.6-liter direct-injected four-cylinder engine that can be mated to either Hyundai's first EcoShift™ dual-clutch transmission or a six-speed manual transmission. The Veloster is also one of four Hyundai vehicles that achieve 40 mpg on the highway, along with the Accent, Elantra and Sonata Hybrid.

ICOTY

The ICOTY Awards were founded in 1996 by Courtney Caldwell, editor-in-chief of Road & Travel Magazine. Its unique and pioneering theme was created by Caldwell to recognize automakers that successfully designed their vehicles to consumer lifestyles eliciting an emotional connection to, and passion for, the cars they own and drive, which translates into consumer loyalty. Today, many automakers use the 'emotional connection' theme in their national marketing and advertising campaigns to connect with consumers.

HYUNDAI MOTOR AMERICA
Hyundai Motor America, headquartered in Costa Mesa, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle warranty, Hyundai's 10-year/100,000-mile powertrain warranty, and five years of complimentary Roadside Assistance.

Wednesday, January 11, 2012

HYUNDAI VELOSTER NAMED AUTOBYTEL'S 2012 CAR OF THE YEAR

Autobytel named the all-new 2012 Hyundai Veloster its Car of the Year for 2012. Autobytel's Car of the Year Award is selected annually by the editorial staff at Autobytel.com, a website dedicated to helping dealers and car-buyers connect online. The Veloster also won the award in the Compact Car category.

"Bringing progressive style and substance to the sport compact category, the 3-door hatchback Hyundai Veloster coupe is a win, appealing to fans from the college-bound to the empty nester. The design is a masterfully aggressive representation of Hyundai's design language," said Michelle Naranjo, managing editor, Autobytel.com. "Starting at $17,300 Autobytel editors believe that the 2012 Hyundai Veloster will be leading the pack for the coming year."

Every year Autobytel.com editors ranging in age, driving habits and geography test out a number of cars. This year's winner, the Veloster, was chosen based on its game changing potential, advances in design and overall efficiency.

"From the name to its long list of attributes, the Veloster is truly one of a kind - it offers the latest in-vehicle technology, delivers 40 mpg on the highway and combines the sporty driving dynamics of a coupe and utility of a hatchback," said Mike O'Brien, vice president, Product and Corporate Planning, Hyundai Motor America. "This award serves as a testament to the true innovation of our company and we're tremendously honored to receive this accolade from the automotive experts at Autobytel."

The all-new 2012 Veloster is the sixth vehicle in Hyundai's 24/7 version 2.0 product initiative. Delivering innovation to the compact coupe segment with standard features such as a unique third door for easy rear-seat access, Hyundai's Blue Link™ telematics system, Pandora® internet radio, seven-inch touch-screen display, and a new 1.6-liter Gasoline-Direct-Injected (GDI) four-cylinder engine and six-speed transmission. GDI technology helps deliver highway fuel economy of 40 mpg, lower emissions and higher reliability. With a starting price of $17,300 (plus freight), Veloster adds great value to its compelling list attributes.

AUTOBYTEL INC. (www.autobytel.com)

Autobytel Inc., an online leader offering consumer purchase requests and marketing resources to car dealers and manufacturers and providing consumers with the information they need to purchase new and used cars, pioneered the automotive Internet when it launched autobytel.com in 1995. Autobytel continues to offer innovative products and services to help consumers buy, and auto dealers and manufacturers sell, more used and new cars. Autobytel has helped tens of millions of automotive consumers research vehicles; connected thousands of dealers nationwide with motivated car buyers; and helped every major automaker market its brand online. Through its flagship website Autobytel.com®, its network of automotive sites, including Autoweb.com®, AutoSite.com®, Car.comsm, CarSmart.com®, DealershipJobs.comsm, MyGarage.com® and MyRide.com® and its respected online partners, Autobytel continues its dedication to innovating the industry's highest quality Internet programs to provide consumers with a comprehensive and positive automotive research and purchasing experience, and auto dealers, dealer groups and auto manufacturers with some of the industry's most productive and cost-effective customer referral and marketing programs.

HYUNDAI MOTOR AMERICA
Hyundai Motor America, headquartered in Costa Mesa, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle warranty, Hyundai's 10-year/100,000-mile powertrain warranty, and five years of complimentary Roadside Assistance.

Tuesday, January 10, 2012

HYUNDAI ELANTRA NAMED 2012 NORTH AMERICAN CAR OF THE YEAR

Award caps record year for Hyundai Motor America and Elantra

* Bold Fluidic Sculpture design
* Best-in-class standard fuel economy on all models
* Highest owner satisfaction with real world fuel economy of all compact cars
* Mid-size interior room in a compact class footprint
* Elantra is built at Hyundai Motor Manufacturing Alabama

The 2012 Hyundai Elantra took top honors in the most exclusive award in North America when it was named 2012 North American Car of the Year today.

A jury of 50 independent North American automotive journalists evaluated each of the new cars introduced last year and chose the 2012 Hyundai Elantra as the winner. The award was announced at a news conference at the 2012 North American International Auto Show in Detroit, which marks Hyundai's second win. The Hyundai Genesis was named North American Car of the Year in 2009.

"Elantra speaks to the success of our recipe of bold design and great fuel economy," said John Krafcik, president and chief executive officer, Hyundai Motor America. "In a year with some truly breakthrough competitors, we are honored that the jury recognizes Elantra's far-reaching impact on the industry."

The jurors considered more than 50 new vehicles, before selecting the top three cars and top three trucks. The Volkswagen Passat and Ford Focus were the other car finalists.

This is the 19th year of the awards, which were inspired by the prestigious European "Car of the Year." The jury is administered by an organizing committee and funded exclusively with dues paid by the jurors. Jurors judge the cars on a number of factors including innovation, impact on the industry, design, safety, handling, driver satisfaction and value for the dollar.

HYUNDAI "FLUIDIC SCULPTURE" DESIGN

Elantra exemplifies Hyundai's emotional "Fluidic Sculpture" design principles. "Fluidic Sculpture" considers the interplay of wind with rigid surfaces to create the illusion of constant motion. Elantra is an evolution of the design qualities found in Sonata.

Along Elantra's sides are Sonata's flowing lines, with the addition of a strong undercut feature line starting at the front door. These lines, along with muscular wheel arches and a sleek roofline, create a memorable and spacious package. Flowing lines also lead to an aerodynamic body. The drag coefficient for the Elantra is an exceptionally low 0.28 that compares favorably to the Chevrolet Volt (0.29).

Hyundai's signature hexagonal front grille and detailed swept-back headlights give Elantra a compact athletic face. The assertive stance is complimented by 15-, 16- or 17-inch alloy wheels and athletic proportions. Available fog lights and side repeater mirrors complete the distinct design. Elantra was designed at Hyundai's North American Design Center in Irvine, Calif.

40 MPG POWERTRAIN
Elantra's standard fuel economy is EPA-rated at 29 mpg city and 40 mpg highway, amd 33 mpg combined, with the six-speed automatic transmission or manual transmission. These figures give Elantra a highway-only driving range of up to 500 miles. Elantra's strong EPA ratings are backed up by the highest owner satisfaction with real-world fuel economy in the compact class, according to data from J.D. Power and Associates.

Under the hood, the Elantra is powered by an all-new 1.8-liter Nu four-cylinder engine with 148 horsepower and 131 lb-ft of torque (145 horsepower and 130 lb-ft of torque for Elantra PZEV). Thanks to advanced clean engine technology, most Elantras sold in California, Oregon and several Northeast states are certified as Partial Zero Emission Vehicles (PZEV) by the EPA. The PZEV Elantra is as clean as many hybrid electric vehicles. The PZEV Elantra helps Hyundai meet its environmental commitments. Outside of these "green" states, the Elantra is available as an Ultra Low Emission Vehicle (ULEV).

Mark on the Market

Most importantly, Elantra is driving traffic to Hyundai showrooms. Elantra's record 186,361 sales helped Hyundai achieve its record sales of 645,691 units in the U.S. in 2011. Hyundai Motor America posted a 20 percent increase over 2011 total sales.

HYUNDAI MOTOR AMERICA
Hyundai Motor America, headquartered in Costa Mesa, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle warranty, Hyundai's 10-year/100,000-mile powertrain warranty, and five years of complimentary Roadside Assistance.

Tuesday, January 03, 2012

Six Hyundai Models Earn 2012 IIHS Top Safety Pick Honors

Hyundai Elantra, Sonata, Genesis, Equus, Tucson and Santa Fe Achieve Highest Safety Ratings

Six Hyundai models, the all-new Hyundai Elantra, Sonata, Genesis, Equus, Tucson and Santa Fe, achieved the 2012 Top Safety Pick honor from the Insurance Institute for Highway Safety (IIHS). Top Safety Pick recognizes vehicles that do the best job of protecting people in front, side, rollover, and rear crashes based on "good" ratings in Institute tests. Winners must also have available Electronic Stability Control (ESC), a crash avoidance feature that significantly reduces crash risk.

"Safety has always been a top priority at Hyundai, so we are thrilled to see six of our models on this important and prestigious list," said Mike O'Brien, vice president, Product and Corporate Planning, Hyundai Motor America. "Having led the industry in standardizing Electronic Stability Control for the midsize sedan segment back in 2005, Hyundai is committed to developing and providing the best in both passive and active safety technologies."

The IIHS Top Safety Pick ratings help consumers pick vehicles that offer a higher level of protection than federal safety standards require. In 2010, the Institute toughened the criteria for Top Safety Pick by adding a requirement that all qualifiers must earn a "good" rating for performance in a roof strength test to assess protection in a rollover crash.

"For the second year running a record number of models qualify," says Institute president Adrian Lund. "It's tough to win, and we commend auto manufacturers for making safety a top priority."

HYUNDAI MOTOR AMERICA
Hyundai Motor America, headquartered in Costa Mesa, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle warranty, Hyundai's 10-year/100,000-mile powertrain warranty, 5-years of complimentary Roadside Assistance and the Hyundai Trade-in Value Guarantee. Hyundai is a registered trademark of Hyundai Motor Company. All rights reserved. ©2011 Hyundai Motor America.

Thursday, December 15, 2011

Hyundai Sonata Leads the Competition With Best Fuel Economy in the EPA Large Car Segment

Sonata Provides Generous Interior Roominess without Typical Fuel Economy Compromises Associated With Large Car Comfort

Hyundai Sonata, the popular sedan offering class-above interior volume compared with its key competitors, also provides the best fuel economy in the EPA Large Car segment with an exceptional 28 mpg combined fuel economy rating.

Sonata interior volume is a generous 120.2 cubic feet, placing it in the EPA Large Car segment, where most of its competitors offer significantly lower combined fuel economy ratings.

2012 EPA Large Car Segment Combined Fuel Economy Ratings

EPA
Large Car Segment
Hyundai Sonata Chevrolet Impala Chrysler 300 Dodge Charger Ford Taurus Honda Accord Toyota Avalon
EPA Combined
fuel economy rating
(mpg)
28 22 23 23 22 27 23
Even among traditionally recognized mid-sized segment competitors, Sonata offers unsurpassed fuel economy.

2012 Traditional Mid-size Car Segment Combined Fuel Economy Ratings

Traditional
Mid-size Car Segment
Hyundai
Sonata
Chevrolet
Malibu
Toyota
Camry
Nissan
Altima
Nissan
Maxima
Ford
Fusion
Kia
Optima
EPA Combined fuel
economy rating
(mpg)
28 26 28 27 22 26 28
"In developing the made-in-USA Sonata for mid-size sedan consumers, Hyundai engineers continually sought to exceed their expectations," said Mike O'Brien, Hyundai's vice president of corporate and strategic planning. "This meant overcoming the traditional compromises that face product development engineers, such as providing comfortable interior roominess coupled with powerful engines and exceptional fuel economy."

Sonata's large-car level of interior roominess, combined with fuel economy leadership, proves that manufacturers must continually challenge conventional thinking to delight their customers in new ways. This year, it's clear that consumers have responded to Hyundai's development team efforts with Sonata selling more than 200,000 Sonatas for the first time ever.

REAL-WORLD FUEL ECONOMY SATISFACTION

Not only does Sonata excel in government tests with exceptional combined fuel economy ratings, it also proves its efficiency in the day-to-day driving of its owners. In the 2011 J.D. Power APEAL satisfaction study, Sonata had the highest owner-reported satisfaction levels of its mid-size and large sedan competitors, with 30 percent of its owners rating its fuel economy the top rank of "truly exceptional."

2011 J.D. Power APEAL Satisfaction Study Owner-reported Ratings

Sonata Sedan Competitors Hyundai Sonata Comp. Model
A
Comp. Model
B
Comp. Model
C
Comp. Model
D
Comp. Model
E
Comp. Model
F
Mid-size Segment Average
Rating of Vehicle's Fuel Economy (mpg) (1-10)
10 = "Truly Exceptional"
30% 18% 16% 19% 20% 19% 23% 20%
Fuel Economy Index Mean/Weighted Average 814.4 745.0 753.9 761.5 760.1 719.3 800.9 756.3
HYUNDAI MOTOR AMERICA
Hyundai Motor America, headquartered in Costa Mesa, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle warranty, Hyundai's 10-year/100,000-mile powertrain warranty, 5-years of complimentary Roadside Assistance and the Hyundai Trade-in Value Guarantee. Hyundai is a registered trademark of Hyundai Motor Company. All rights reserved. ©2011 Hyundai Motor America.

Thursday, November 17, 2011

HYUNDAI NAMED TOP CPO PROGRAM

Awards Revealed at Certified Pre-Owned Forum and National Remarketing Conference In Las Vegas Nov. 15

IntelliChoice, the leading provider of automotive cost of ownership and value analysis and part of the Motor Trend Automotive Group, announced today the winners of its 13th annual ranking of manufacturer Certified Pre-Owned (CPO) programs, at the Certified Pre-Owned Forum and National Remarketing Conference in Las Vegas. For the fifth straight year, Volvo earned the top ranking among Premium manufacturers, while Hyundai was ranked highest among Popular vehicle brands.

Each year, IntelliChoice issues the industry's only independent report card comparing Certified Pre-Owned programs offered to consumers through franchise dealerships. Certified Pre-Owned Vehicles (CPOs) are cars, trucks and sport utility vehicles that have come off lease or have been resold to dealers, and have been thoroughly inspected prior to sale. Car manufacturers have traditionally refined and augmented their programs based on the criteria employed by IntelliChoice in its benchmarking analysis, in an effort to compete more effectively in the marketplace for certified used cars.

"Since 2008, Hyundai had placed third overall in the Popular category, but was finally able to break into the top spot overtaking the two previous winners, MINI and Volkswagen," said Eric Anderson, senior analyst at IntelliChoice. "While Volvo was able to retain its top ranking in the Premium category, Cadillac and Porsche are not far behind."

Tyler Schulze, vice president and general manager of IntelliChoice, added, "The Certified Pre-Owned segment of the market continues to be very important to manufacturers and dealers alike, particularly due to the recent contraction in used-vehicle inventory levels. The ability for dealers to certify their best used cars and trucks under a compelling program sponsored by the manufacturer is a clear win for both the consumer and the dealer. We continue to see marginal year-over-year improvements in CPO program features across all makes, indicating that consumers can benefit from the ever-increasing competition in this market segment."

Methodology

IntelliChoice originally developed its CPO analysis methodology to address the significant growth of manufacturer CPO programs in line with its stated mission to provide consumers with comprehensive automotive analysis and advice. IntelliChoice investigates and analyzes 26 manufacturer programs which are divided into two major classes: Premium and Popular. Programs are then rated on the following set of nine criteria that consumers have identified as being most valuable to their decision-making processes:

Extended Manufacturer Warranties
Title Verification
Certification Inspection Process
Roadside Assistance
Special Financing
Return/Exchange Policies
Program and Dealer Compliance
Used Cost of Ownership
Market Penetration

The 2012 Winners Include:

Premium:
Overall Winner Volvo
Best Warranty Porsche
Used Cost of Ownership Lincoln
Popular:
Overall Winner Hyundai
Best Warranty MINI
Used Cost of OwnershipToyota

Top 5 Premium Programs:
1. Volvo
2. Cadillac
3. Porsche
4. Lexus
5. Lincoln

Top 5 Popular Programs:
1. Hyundai
2. MINI
3. Toyota
4. Honda
5. Scion

About IntelliChoice

IntelliChoice, part of the Motor Trend Auto Group, is the market leader in automotive ownership cost and car values analysis. Founded in 1986, IntelliChoice is committed to empowering consumers to make better purchase decisions by providing independent and essential automotive information and tools. Through the IntelliChoice.com web site consumers get the help they need to research, compare, configure and price new cars. The site also connects buyers to the buying alternatives of their choice, including vehicle manufacturers and an online car buying guide. Motor Trend Auto Group is a subsidiary of Source Interlink Media, a recognized provider of targeted media and marketing services and one of the largest publishers of magazines and online content for enthusiast audiences.

Wednesday, November 16, 2011

HYUNDAI ELANTRA WINS ALG RESIDUAL VALUE AWARD FOR SECOND YEAR IN A ROW

13th Annual ALG Awards Honor Elantra in Compact Car Segment

Hyundai today announced that the 2012 Elantra has received a Residual Value Award from ALG in the Compact Car segment. ALG, the industry benchmark for residual values and depreciation data, annually recognizes automakers' outstanding achievements in producing new vehicles that are predicted to retain the highest percentage of their original price after a conventional three-year period. Awards are given in 19 vehicle categories. This year's awards are based on 2012 model year vehicles.

"The Elantra's eye-catching sporty profile and upscale interior, combined with Hyundai's increasing image of quality, earn the model its second consecutive win in the Compact Car segment," said Raj Sundaram, ALG. "High demand and minimal incentives also help it nab the top spot."

Award winners are determined through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand, and pricing and marketing strategies remain the key factors that affect ALG's residual value forecasts.

"Hyundai's Elantra stands out in the competitive compact segment, offering innovation, content, style, and 40 mpg highway standard fuel economy," said Mike O'Brien, vice president, Product and Corporate Planning, Hyundai Motor America. "Strong residual value is an important element in Hyundai's overall value equation, reducing the overall cost of ownership and allowing us to offer customers the Hyundai Assurance Trade-In Value Guarantee."

The Trade-In Value Guarantee is the newest addition to the Hyundai Assurance suite of programs. It eliminates concern about depreciation by giving Hyundai owners a guaranteed value for their vehicle in months 24 through 48 of ownership.

The 2012 Elantra sets the bar in the compact sedan category offering a "class-above" midsize car interior volume, modern design, outstanding fuel economy, and loads of comfort and convenience features, all at an attractive starting price. Elantra also delivers standard advanced safety technologies including a new Vehicle Stability Management (VSM) system to optimally manage Electronic Stability Control (ESC) and the Motor-Driven electric Power Steering (MDPS).

ALG (www.alg.com)

Based in Santa Barbara, California, ALG is a leading provider of data and consulting services to the automotive industry. ALG publishes the "Automotive Lease Guide" – the standard for Residual Value projections in North America, and has been forecasting automotive residual values for over 45 years in both the U.S. and Canadian markets. ALG is a subsidiary of TrueCar, Inc.

HYUNDAI MOTOR AMERICA

Hyundai Motor America, headquartered in Costa Mesa, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle warranty, Hyundai's 10-year/100,000-mile powertrain warranty, 5-years of complimentary Roadside Assistance and the Hyundai Trade-in Value Guarantee.

Thursday, November 10, 2011

Hyundai, Kia and Ford brands see the biggest long-term gains

Toyota's perceived quality score rose more than two percent over the last six months closing the gap with leading mainstream brand Honda, and Lexus once again reigned supreme among luxury brands, according to the Fall 2011 Perceived Quality Study from ALG, an independent subsidiary of TrueCar, Inc., and the industry benchmark for residual values and depreciation data.

"The continued rally of Toyota is evidence of the brand's widespread reputation for quality and ownership loyalty. This is the third straight survey where Toyota has shown relatively strong growth. If this trend continues, the brand might soon regain the top spot from Honda in the mainstream category," states Eric Lyman, Vice President, Residual Value Solutions, ALG.

Twice a year, ALG surveys approximately 3,000-4,000 U.S. consumers to gauge perceptions of a number of mainstream and luxury automotive brands for its PQS. According to Lyman, "Consumer perception can dramatically affect a brand's reputation and sales. A strong perception can result in greater sales while a negative perception can drive a consumer away from a brand's entire lineup."

Of the 23 brands included in the Fall 2008 survey that remain in the survey today, Ford brands, Kia and Hyundai have racked up the biggest long-term gains. Hyundai led the group, moving from 18th place to 9th place, a gain of nine spots over the past three years. Ford Cars and Ford Trucks moved from 15th to 7th and 8th to 3rd place, respectively, and lastly, Kia jumped from 23rd place in 2008 (last place among those still in the survey) to 18th place.

"These three automakers have made impressive efforts to improve brand perception and we can see that it has truly paid off in the mainstream rankings. The perception of where luxury brands stand in relation to each other seems to be solidly cemented in the minds of consumers, owing to the consistency of the luxury rankings," adds Lyman.

Additional highlights from the survey include: in the luxury category, Lexus topped the charts with an overall PQS of 82.4 (out of 100) followed by Mercedes (79.8 and -3.9 percent vs. the Spring 2011 Study), BMW (78.4; -2.5 percent), Porsche (76.7; -4 percent) and Acura (76.3; -2.6 percent). New to the survey is Alfa Romeo, scheduled to reenter the US market in 2013, which came in at the bottom of the luxury rankings, but as a brand is relatively unknown among US consumers. Honda (78.9; -2.5 percent) once again led the mainstream brands and Toyota (75.3; +2.3 percent) continued to rebound from the product recalls from early last year. Ford Trucks (68.7; -3.8 percent), Subaru (68.3; -3.5 percent), and Nissan (67.6; -3.4 percent) round out the top five.

About ALG

Based in Santa Barbara, California, ALG is a leading provider of data and consulting services to the automotive industry. ALG publishes the "Automotive Lease Guide" -- the standard for residual value projections in North America, and has been forecasting automotive residual values for over 45 years in both the U.S. and Canadian markets.

About TrueCar, Inc.

TrueCar, Inc. is an innovative automotive marketplace that benefits both buyers and sellers by providing a significantly better customer experience while helping qualified dealer partners to gain incremental market share and reduce costs. As a transparent, visual publisher of new car transaction data, TrueCar.com price reports help both dealers and consumers to agree on the parameters of a fair deal by providing an accurate, comprehensive and simple understanding of what others actually paid for the identically equipped new car over the last 30 days both locally and nationally.

TrueCar, Inc. works with a national network of over 5,000 Certified Dealers that provide up-front, no-haggle, competitive pricing to assist some of the nation's largest and most well respected membership and service organizations to meet the auto buying needs of their members and customers. These partnerships include American Express, AAA, USAA and more than 60 others. Collectively these audiences represent over 1M in-market customers each month.

Friday, September 23, 2011

Top Wheels, Part I: Five Cars for Work

When you get right down to it, there are two types of luxury cars. The first is both practical and pleasurable--the car that will actually make you look forward to your daily commute, yet won't draw undue attention in the office parking lot. The second is the kind that simply makes your spirit--and body-soar. To help you find the right ride for your needs, the Chief Executive teamed up with Edmunds.com to round up the best of the best in each category in a two-part series.



In this issue, we present five cars that offer comfort, performance and hi-tech features but are also sensitive to appearances--essential in an era of intense scrutiny of corporate leaders. These wheels will carry you in comfort, while making the kind of statement you're comfortable with. Stay tuned for our November/December issue's roundup of five cars that deliver powerful performance—perfect for play.

Until now, Hyundai hasn't been known for making luxury vehicles, but it has clearly challenged the Germans and Japanese with this sumptuous sedan. Think of it as all the things that you like best about the full-size Lexus LS sedan--quiet ride, effortless driving, lots of comfort, and convenience features--and a price that makes you think of Costco.

Just like a Lexus, the Korean-built Equus is a premium car, stately and imposing in appearance. It's fully powered, with a large V-8 engine up front and the rear wheels putting the power on the ground. The range of comfort and convenience features isn’t as broad as either Lexus or the premium German sedans, yet it has everything you need.

The Hyundai Equus makes a statement about money, but one about value, not excess. Hyundai has become a brand that's about smart spending—a message today's CEOs understand all too well.

by William J. Holstein and Michael Jordan

Thursday, June 30, 2011

2011 HYUNDAI ELANTRA RANKED ONE OF THE "TOP 10 COOLEST NEW CARS UNDER $18,000" BY KELLEY BLUE BOOK'S KBB.COM

Kbb.com Praises 40 MPG Elantra for Design, Fuel-Efficiency

The 2011 Hyundai Elantra has been named one of the "Top 10 Coolest New Cars under $18,000" by Kelley Blue Book's kbb.com. According to kbb.com experts, the Elantra was chosen on the basis of two criteria—being fun to drive and fun to own. Kbb.com praised the Elantra's "all-around package of slick design, convenient features and fuel efficiency," as well as the fact that "every Elantra gets 40 miles per gallon on the highway."

The Elantra will be one of four Hyundai vehicles sold in 2011 that achieves the milestone 40 MPG highway fuel economy rating, along with the Accent, Sonata Hybrid and the Veloster. Elantra received a complete redesign for 2011, as well as an 18 percent bump in fuel efficiency over its predecessor.

"We're honored that kbb.com recognized so many of the things about the Elantra that we baked into the recipe," said Brandon Ramirez, manager, Product Planning, Hyundai Motor America. "With standard 40 mpg highway fuel economy and terrific looks, as well as a wealth of advanced technological and safety features, the Elantra is definitely one of the coolest options in its segment." The 2011 Elantra excels in terms of design and fuel economy, but it also rises above the competition with a combination of advanced safety features, exceptional interior room equal to that of a midsize sedan and an all-new 1.8-liter four-cylinder engine. All of these features, plus Hyundai's industry-leading standard warranty, amount to an exceptional vehicle that is also an exceptional value.

As kbb.com notes, "it takes some panache to be fuel efficient, affordable and great looking, and the 2011 Hyundai Elantra pulls it off in style."

Jack R. Nerad, executive editorial director and executive market analyst for Kelley Blue Book's kbb.com, remarked of all the vehicles featured in the "Top 10 Coolest Cars under $18,000," "There are great deals to be had on many new cars under $18,000, but only a handful of them really possess that cool, difficult-to-describe 'it' factor. Each year the competition keeps getting tougher in this affordable segment, with more personality-filled, amenity-laden, versatile vehicles entering the marketplace."

For more information about kbb.com's 2011 "Top 10 Coolest New Cars Under $18,000," please visit http://www.kbb.com/car-news/all-the-latest/10-coolest-cars-under-18000-_-2011-edition/.

KELLEY BLUE BOOK

Founded in 1926, Kelley Blue Book, The Trusted Resource®, is the only vehicle valuation and information source trusted and relied upon by both consumers and the industry. Each week the company provides the most market-reflective values in the industry on its top-rated website www.kbb.com, including its famous Blue Book® Trade-In and Retail Values and Fair Purchase Price, which reports what others are paying for new cars this week. The company also provides vehicle pricing and values through various products and services available to car dealers, auto manufacturers, finance and insurance companies as well as governmental agencies. Kbb.com is a leading provider of new car prices, used car values, car reviews, new cars for sale, used cars for sale, and car dealer locations. Kelley Blue Book Co. Inc. is a wholly owned subsidiary of AutoTrader.com.

HYUNDAI MOTOR AMERICA

Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle warranty, Hyundai's 10-year/100,000-mile power train warranty, 5-years of complimentary Roadside Assistance and the Hyundai Trade-in Value Guarantee.

Wednesday, March 09, 2011

Hyundai Elantra Named One of the "Top Ten Cars to Look Forward to in 2011" by CarsDirect.com

CarsDirect.com's editors named the 2011 Hyundai Elantra one of the "Top Ten Cars to Look Forward to in 2011" on their new Pricing Insider Blog. The all-new Elantra encompasses all of Hyundai's latest ambitions including modern design, advanced safety technologies and best-in-class 40 mpg highway fuel economy. In the very competitive compact car segment, the Elantra stands out with "class-above" mid-size car interior volume, a new 1.8-liter "Nu" engine and a low starting price point of $14,830.

"Compact-car buying used to be a compromise with consumers settling for affordable, fuel-efficient cars without style, space, or luxury amenities," said Scott Margason, director of product planning, Hyundai Motor America. "The 2011 Elantra challenges the current compact sedan segment, offering a sleek, sophisticated look and affordable price tag, while still returning 40 mpg of fuel economy."

CarsDirect.com is the leading multi-brand online car buying service, providing new and pre-owned automobiles and related products and services. Their "Top Ten Cars to Look Forward to in 2011" list highlights the very best cars that they believe 2011 has to offer.

"Hyundai [has] pulled it off and delivered a car that not only challenges the compact status quo, but seemingly has the competition totally outgunned," said CarsDirect.com editors. "With a 1.8-liter four-cylinder engine producing a respectable 148 horsepower, the Elantra has plenty of power for a compact—especially when you take into account that it has more power than the industry benchmarks, the Honda Civic and Toyota Corolla.

"But what really sets the Elantra apart is its incredible fuel economy. Rated at 29 City/40 Highway mpg, the Elantra is nearly untouchable in its class. Moreover, with its thoroughly modern body style, the Elantra looks and feels more advanced than its Japanese rivals. Even with a new Civic due next year and a new Corolla planned for 2013, we believe this generation of Elantra will enjoy its spot at the top of the compact car hierarchy."

Joining the Elantra on the CarsDirect.com list are the Nissan Leaf, Kia Optima, Chevrolet Volt, Audi A8, BMW 1-Series M Coupe, Ford Explorer, Buick Regal GS, Fiat 500, and Ford Focus. For more information about the "Top Ten Cars to Look Forward to in 2011" from CarsDirect.com visit: http://pricinginsider.carsdirect.com/tag/top-10-cars-to-look-forward-to-in-2011/.

HYUNDAI MOTOR AMERICA

Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through about 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle warranty, Hyundai's 10-year/100,000-mile powertrain warranty and 5-years of complimentary Roadside Assistance.

Thursday, December 16, 2010

2011 HYUNDAI SONATA NAMED AUTOMOBILE MAGAZINE "ALL STAR"

The all-new 2011 Hyundai Sonata has been named to Automobile Magazine's annual "All Stars" list as one of the most outstanding cars of the year.

"The critical acclaim and recognition from experts like the editors of Automobile Magazine is gratifying," said John Krafcik, President and CEO of Hyundai Motor America. "Sonata is a game-changing car that has surpassed everyone's expectations. The All Star award is recognition that the record number of customers who chose Sonata this year made a great choice."

Each fall, Automobile Magazine tests new model cars and its reigning All Stars before selecting 10 vehicles that stand out among all others in the market.

"The Sonata has emerged as an unquestioned leader in a segment that's bursting with excellent automobiles. Painstakingly conceptualized, designed and engineered by Hyundai, the Sonata meets and exceeds the varied needs and wishes of demanding American buyers," writes Automobile Magazine. The editors conclude, "The Sonata is a car that sells purely on its merits rather than on its warranty, and increasing numbers of savvy Americans are beating a path to Hyundai's door."

The 2011 Hyundai Sonata was introduced earlier this year. Sonata brings to the market a number of breakthroughs previously unheard of in the mid-size family sedan segment including standout design, a standard gasoline direct injected engine that delivers 35 miles per gallon on the highway, an optional 274-horsepower 4-cylinder turbo and a hybrid model that will go on sale in the U.S. in January.

Through the first 11 months of the year, Sonata sales are up 65 percent over last year on the strength of the new model, which, is manufactured at Hyundai Motor Manufacturing Alabama. Sonata's breakthrough 2.4-liter gasoline direct injection (GDI) engine, 2.0-liter turbo GDI and 6-speed automatic transmission also are manufactured in the United States. Hyundai Motor America sold 500,000 new vehicles in the U.S. for the first time ever, this year. Sonata has been the most "shopped" midsize car in the market for six of the past seven months as measured by Compete, an automotive market analysis firm.

The complete story on the "Automobile All Stars" is available in the February 2011 issue of Automobile Magazine and at www.automobilemag.com. The February issue will be available on iPad on December 20 and on newsstands on January 4, 2011.

HYUNDAI MOTOR AMERICA Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through about 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle warranty, Hyundai’s 10-year/100,000-mile powertrain warranty and 5-years of complimentary Roadside Assistance.

Thursday, November 18, 2010

2011 Hyundai Sonata and Genesis Sedan Awarded an Automotive Best Buy Award from Consumers Digest

Consumers Digest Magazine named both the 2011 Hyundai Sonata and 2011 Hyundai Genesis sedan a "Best Buy." The ratings are based on behind-the-wheel assessment, safety ratings, ownership costs, warranty, price, comfort, ergonomics, styling and amenities. The Sonata is a Best Buy in the Family Car category and the Genesis sedan is a Best Buy in the Luxury Car segment.

"Value, as we see it, is based on purchase price and ownership costs relative to quality, performance and subjective factors like comfort and design," said Randy Weber, publisher, Consumers Digest. "Few purchases are more important, or require more research, than buying a new vehicle. Our analyses ensure that consumers are as satisfied with their auto purchase years after making it as they were on the day they drove off the lot."

The Automotive Best Buy Awards reflect Consumers Digest's view of which 2011 vehicles offer exceptional value for the money. A panel of six automotive experts evaluates the vehicles from behind-the-wheel on an ongoing basis, both under real-world conditions in their own test-drives and at manufacturers' new-model introductions. They assess design factors including styling, accessories and amenities, cargo space, and fit and finish, as well as performance characteristics including starting and acceleration, steering and handling, ride quality and fuel economy.

"The Genesis has provided ground-breaking value among its luxury competition with lavish appointments and impressive driving performance," said Mike O'Brien, vice president, Product and Corporate Planning, Hyundai Motor America. "The all-new Sonata also upholds Hyundai's legacy of value with exciting design, best-in-class fuel economy and outstanding residual value. Both cars continue to exceed expectations for consumers in their respective segments."

For more information and a complete list of award winners, visit http://www.consumersdigest.com/award_page.html.

HYUNDAI MOTOR AMERICA

Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through about 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle warranty, Hyundai's 10-year/100,000-mile powertrain warranty and 5-years of complimentary Roadside Assistance.

Hyundai Elantra Earns Highest Residual Value in its Class in the 2011 ALG Residual Value Awards

ALG, the industry benchmark for residual values and depreciation data, today announced its 12th annual Residual Value Awards, honoring vehicles across 19 different segments and two brands that are predicted to retain the highest percentage of their MSRP after a three-year period. The 2011 Hyundai Elantra topped the competitive compact segment, winning ALG's award for the highest residual value in its class.

The 2011 Residual Value Awards are based on the entire model year forecast of 2011 products. Award winners are determined through careful study of the competition in each segment, historical vehicle performance and industry trends. Vehicle quality, production levels relative to demand and pricing and marketing strategies are among the key factors that affect ALG's residual value forecasts.

"Hyundai's win of the mid-compact segment highlights the growing reputation of the brand, as well as its impressive new product push," said Raj Sundaram, Senior Vice President, Solutions Group and ALG. "The all-new 2011 Elantra shines with standard luxurious features and a modest price tag, and it's expected to be a favorite of young drivers like the VW Jetta and Mazda3 before it."

The all-new 2011 Elantra encompasses Hyundai's latest ambitions including "Fluidic Sculpture" design, advanced safety technologies and best-in-class 40 mpg highway fuel economy. It took 33 months to develop the all-new Elantra and four years to bring it to market. The 2011 Elantra launches with new 1.8-liter "Nu" engine and in-house six-speed automatic transmission.

"Achieving such tremendous value retention speaks to the overall quality and merit of the Elantra," said Mike O'Brien, vice president, Product and Corporate Planning, Hyundai Motor America. "Vehicles that retain their value in the long-term offer a lower overall cost of ownership to the customer, allowing Hyundai to offer strong lease options to consumers and better resale value at trade-in time for our customers who purchase their vehicles."

For more information and a complete list of winners, visit: www.alg.com.

ALG

Based in Santa Barbara, California, ALG (www.alg.com) is a leading provider of data and consulting services to the automotive industry. ALG publishes the "Automotive Lease Guide" - the standard for Residual Value projections in North America, and has been forecasting automotive residual values for over 45 years in both the U.S. and Canadian markets. ALG is a company of DealerTrack Holdings, Inc. HYUNDAI MOTOR AMERICA

Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through about 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program, which includes the 5-year/60,000-mile fully transferable new vehicle warranty, Hyundai's 10-year/100,000-mile powertrain warranty and 5-years of complimentary Roadside Assistance.

Monday, March 29, 2010

Hyundai Brand Loyalty Replaces Toyota for the Number One Spot, According to Kelley Blue Book's KBB.com

All-new Sonata Emerges on the Top 10 Most Researched New Vehicle List

FOUNTAIN VALLEY, Calif., 03/15/2010 Brand loyalty for Hyundai recently surpassed that of Honda and replaced Toyota, allowing Hyundai to take the No. 1 spot among car shoppers, according to the latest Kelley Blue Book's www.kbb.com Market Intelligence data. Up from third place in Q4 2009, Hyundai saw the greatest increase in loyalty in February 2010, with Hyundai owners looking at new models within the brand increasing by 10.4 percentage points to 56.3 percent.

Furthermore, according to Kelley Blue Book Values data, throughout the month of February 2010 Hyundai outperformed the overall car segment average by a healthy margin. Hyundai values increased 2 percent month-over-month, relative to a 0.3 percent increase for the entire car segment.

"A large part of Hyundai's momentum is a result of introducing passionate new products like the 2011 Sonata and 2010 Tucson," said James Bell, executive market analyst for Kelley Blue Book's kbb.com. "To sustain this momentum, Hyundai should continue to promote its attractive new-vehicle lineup, solid warranty offer and strong price-points to new-car shoppers."

In addition to topping brand loyalty, the all-new 2011 Sonata was named to kbb.com's Top 10 Most-Researched New Vehicles list for the first time. In February, the Sonata was the fifth most-researched new car on kbb.com alongside 'Top 10 Most-Researched' mainstays such as Accord, Civic, Camry and CR-V.

"2009 marked an unprecedented year for the Hyundai brand and we are well poised to keep the momentum going in 2010," said John Krafcik, president and CEO, Hyundai Motor America. "With impressive new vehicles like the all-new Sonata and our dedication to deliver stylish, fuel efficient and affordable vehicles, more customers are adding Hyundai models to their shopping lists."

This Kelley Blue Book Market Intelligence data analysis examined site traffic to used-car trade-in pages and new-car pricing report pages on Kelley Blue Book's kbb.com, and compared loyalty data from Q4 2009 to February 1 – 28, 2010. The Kelley Blue Book Values data within this release represents month-over-month used-vehicle depreciation percentages.

Kelley Blue Book (www.kbb.com) Since 1926, Kelley Blue Book, The Trusted Resource®, has provided vehicle buyers and sellers with the new and used vehicle information they need to accomplish their goals with confidence. The company's top-rated Web site, www.kbb.com, provides the most up-to-date pricing and values, including the New Car Blue Book® Value, which reveals what people actually are paying for new cars. The company also reports vehicle pricing and values via products and services, including software products and the famous Blue Book® Official Guide. According to the C.A. Walker Research Solutions, Inc. - 2009 Spring Automotive Web Site Usefulness Study, kbb.com is the most useful automotive information Web site among new and used vehicle shoppers, and half of online vehicle shoppers visit kbb.com. Kelley Blue Book's kbb.com also is a W3 Gold Award winner, sanctioned by the International Academy of Visual Arts. Kbb.com is a leading provider of new car prices, used car Blue Book Values, car reviews, new cars for sale, used cars for sale, and car dealer locations.

HYUNDAI MOTOR AMERICA Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through almost 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program which now includes the 5-year/60,000-mile fully transferable bumper-to-bumper warranty, Hyundai's 10-year/100,000-mile powertrain warranty and 5-year complimentary Roadside Assistance in addition to the highly acclaimed vehicle return policy introduced in early 2009. For more details on Hyundai Assurance, please visit www.HyundaiAssurance.com.

Monday, March 08, 2010

Elantra Touring Named a 'Top 10 Family Car' by KBB.com

FOUNTAIN VALLEY, Calif., 03/03/2010 The 2010 Elantra Touring was named a "Top 10 Family Car" by Kelley Blue Book's www.kbb.com, the leading provider of new car and used car information. Elantra Touring was one of 10 cars that made the list of what kbb.com editors consider the very best of the best vehicles for families this year. Some other makes and models on the "Top 10 Family Car" list include, Ford Taurus, Honda Accord Crosstour, Chevrolet Equinox and Subaru Outback.

"While the product landscape in the new-car world seems ever-changing, the vehicle needs of the typical American family remain fairly constant; capable versatility, value, safety and economical factors usually remain top-of-mind," said Jack R. Nerad, executive editorial director and executive market analyst for kbb.com. "Sporting a roomy and flexible cargo area, a slew of safety features, an outstanding warranty and a low starting price, one could make a case for the 2010 Hyundai Elantra Touring as the most family-friendly small car out there. It's also easy on gas and not afraid to have a little fun."

Every year Kelley Blue Book's kbb.com assembles a list of the "Top 10 New Family Cars," evaluating an ever-lengthening list of eligible vehicles on such factors as resale value, fuel efficiency, capability and kid-friendliness.

The functional five-door Elantra Touring provides buyers with a unique offering in the compact segment, with its modern, sleek styling and fun-to-drive qualities. Elantra Touring offers standard Electronic Stability Control (ESC), in addition to a host of other class-leading safety technologies. It also offers loads of standard equipment making it ideal for the financially savvy car buyer. Standard features include air conditioning, AM/FM/XM/CD/MP3 audio system with six speakers and iPod®/USB and MP3 auxiliary input jacks, power windows, heated mirrors, power door locks, remote keyless entry with alarm and plenty of storage compartments including a cooled glove compartment.

"The Elantra Touring is a fun-to-drive, functional five-door that raises the bar in value, safety and quality," said Brandon Ramirez, Elantra Touring product manager, Hyundai Motor America. "The array of standard safety and convenience features, coupled with an outstanding warranty and unbeatable price point make this car the perfect model for any family."

For more information on the Top 10 Family Cars for 2010 from Kelley Blue Book's kbb.com, visit www.kbb.com/Top10FamilyCars.

KELLEY BLUE BOOK

Since 1926, Kelley Blue Book, The Trusted Resource®, has provided vehicle buyers and sellers with the new and used vehicle information they need to accomplish their goals with confidence. The company's top-rated Web site, www.kbb.com, provides the most up-to-date pricing and values, including the New Car Blue Book® Value, which reveals what people actually are paying for new cars. The company also reports vehicle pricing and values via products and services, including software products and the famous Blue Book® Official Guide. According to the C.A. Walker Research Solutions, Inc. - 2009 Spring Automotive Web Site Usefulness Study, kbb.com is the most useful automotive information Web site among new and used vehicle shoppers, and half of online vehicle shoppers visit kbb.com. Kelley Blue Book's kbb.com also is a W3 Gold Award winner, sanctioned by the International Academy of Visual Arts. Kbb.com is a leading provider of new car prices, used car Blue Book Values, car reviews, new cars for sale, used cars for sale, and car dealer locations.

HYUNDAI MOTOR AMERICA

Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through almost 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program which now includes the 5-year/60,000 mile fully transferable bumper-to-bumper warranty, Hyundai's 10-year/100,000 mile powertrain warranty and 5-year complimentary Roadside Assistance in addition to the highly acclaimed vehicle return policy introduced in early 2009. For more details on Hyundai Assurance, please visit www.HyundaiAssurance.com.

Monday, March 01, 2010

2011 Hyundai Sonata Named Top Safety Pick by IIHS

FOUNTAIN VALLEY, Calif, 02/18/2010 Today, the all-new 2011 Hyundai Sonata joins an elite group of motor vehicles as a "Top Safety Pick" of the Insurance Institute for Highway Safety (IIHS). This award is only given to those vehicles that do a superior job protecting people in front, side, rear and rollover crashes. A car's ability to handle itself in these crashes is determined by how many "GOOD" ratings it receives in each of the IIHS tests. Additionally, the vehicle must have electronic stability control readily available as an option.

Sonata is built from the ground up with safety in mind, with a hot stamped ultra-high-strength steel body structure, advanced airbag technology and Electronic Stability Control (ESC), delivering on Hyundai's commitment to both active and passive safety technology leadership. In 2005, the Sonata was the first popular midsize sedan to standardize ESC-- once again every 2011 Sonata has lifesaving ESC as standard equipment. This is important because the National Highway Traffic Safety Administration (NHTSA) has reported that ESC results in 35 percent fewer single-vehicle crashes and 30 percent fewer single-vehicle fatalities in passenger cars.

The Sonata also features a state-of-the-art Anti-Lock Braking System (ABS) including Brake Assist and Electronic Brake-force Distribution (EBD). Sonata features six airbags--including dual front, front seat-mounted side-impact, and front and rear side curtain airbags--along with active front-seat head restraints.

While past Hyundai models, such as the Genesis, have been named IIHS "Top Safety Picks," the standards are higher than ever for 2010, with a roof strength test added to the qualifications. According to the new guidelines, roofs must be more than double the strength of current federal requirements in order to better maintain vehicle integrity in the event of a rollover accident.

Because this roof strength test is so demanding, many of the vehicles that had previously been named "Top Safety Picks" were dropped from the list in 2010. From the 2011 Sonata's inception, Hyundai engineers carefully considered the importance of roof strength and designed the newest edition to pass this high hurdle set by the IIHS.

The other IIHS "Top Safety Pick" standards are stringent as well -- the institute's frontal crashworthiness evaluations are based on results of 40 mph frontal offset crash tests. Each vehicle's overall evaluation is based on measurements of intrusion into the occupant compartment, injury measures recorded on a dummy representing a 50th percentile male in the driver seat, and analysis of slow-motion film to assess how well the restraint system controlled dummy movement during the test.

Side evaluations are based on performance in a crash test in which the side of a vehicle is struck by a barrier moving at 31 mph. The barrier represents the front end of a pickup or SUV. Ratings reflect injury measures recorded on two instrumented dummies representing an average-sized woman, assessment of head protection countermeasures, and the vehicle's structural performance during the impact.

Rear crash protection is rated according to a two-step procedure. Starting points for the ratings are measurements of head restraint geometry -- the height of a restraint and its horizontal distance behind the back of the head of an average-size man. Seat/head restraints with good or acceptable geometry are tested dynamically using a dummy that measures forces on the neck. This test simulates a collision in which a stationary vehicle is struck in the rear at 20 mph.

HYUNDAI MOTOR AMERICA

Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through almost 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance pro gram which now includes the 5-year/60,000-mile fully transferable bumper-to-bumper warranty, Hyundai's 10-year/100,000-mile powertrain warranty and 5-year complimentary Roadside Assistance in addition to the highly acclaimed vehicle return policy introduced in early 2009. For more details on Hyundai Assurance, please visit www.HyundaiAssurance.com

Monday, February 22, 2010

Genesis Named 'Best Deal for the Boss' by Cars.com

FOUNTAIN VALLEY, Calif., 02/11/2010 The Genesis Sedan was named "Best Deal for the Boss" in the Cars.com annual Best Lifestyle Vehicle Awards. This award recognizes the Hyundai Genesis as the vehicle best suited to meet the lifestyle needs of "the boss" including luxury features, driving refinement, styling and prestige all in an affordable package.

"It's a rear-wheel-drive full-size sedan that offers a luxurious, spacious cabin and V-6 and V-8 drivetrains that are notable for their efficiency and performance," said Cars.com editors. "The Genesis comes standard with eight airbags and a stability system to help protect occupants, and it's available with convenience features like a 17-speaker audio system. On the whole, the Genesis does a remarkable job at delivering the experience of a high-end luxury sedan at a much lower price."

The Cars.com Lifestyle Awards recognize new vehicles that best suit the lifestyles of today's car shoppers, and acknowledge the best cars across a number of categories that car shoppers can identify with based on their personal vehicle needs.

The North American Car of the Year-winning Genesis is built on Hyundai's performance-driven rear-wheel drive architecture. Genesis offers an array of luxury convenience features including Smart Cruise Control, touch-screen navigation, electronic parking brake with automatic vehicle hold, Adaptive Front Lighting System (AFLS), Lexicon® audio systems and electronic active head restraints.

"We are thrilled to receive this recognition from Cars.com as it reinforces the Genesis ability to compete with the world's best luxury sedans," said Derek Joyce, Genesis product manager. "Genesis is the ideal model for car buyers looking for the power, comfort and sophisticated design of a luxury brand, without the expensive price tag."

Cars.com

Cars.com is the leading destination for online car shoppers, offering credible, easy-to-understand information from consumers and experts to help buyers formulate opinions on what to buy, where to buy and how much to pay for a car. With comprehensive pricing information, side-by-side comparison tools, photo galleries, videos, unbiased editorial content and a large selection of new- and used-car inventory, Cars.com puts millions of car buyers in control of their shopping process with the information they need to make confident buying decisions.

Launched in June 1998, Cars.com is a division of Classified Ventures, LLC, which is owned by leading media companies, including Belo (NYSE: BLC), Gannett Co., Inc. (NYSE: GCI), The McClatchy Company (NYSE: MNI), Tribune Company and The Washington Post Company (NYSE: WPO).

HYUNDAI MOTOR AMERICA

Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through almost 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program which now includes the 5-year/60,000 mile fully transferable bumper-to-bumper warranty, Hyundai's 10-year/100,000 mile powertrain warranty and 5-year complimentary Roadside Assistance in addition to the highly acclaimed vehicle return policy introduced in early 2009. For more details on Hyundai Assurance, please visit www.HyundaiAssurance.com.

Monday, August 31, 2009

Hyundai Genesis is Class of the 2009 Model Year With Most Top-Car Honors

Headlined by the 2009 North American Car of the Year award, Hyundai's new flagship earns more top recognition than any other 2009 introduction

FOUNTAIN VALLEY, Calif., 08/27/2009 Hyundai's all-new flagship, the Genesis sedan, launched to significant anticipation culminating with its coronation as the 2009 North American Car of the Year – the first time a Korean brand has ever achieved the honor. But Genesis didn't stop there, accumulating honor after prestigious honor to become the most decorated new car launch of the 2009 model year. At last count, Genesis tallied more than 20 top honors from the most prominent media outlets and automotive organizations in North America.

Genesis' trophy case includes awards and accolades from the likes of J.D. Power and Associates, Motor Trend, AutoPacific, Cars.com and leading consumer publications. Genesis is built on Hyundai's all-new, performance-driven rear-wheel-drive architecture. It offers two powertrains, the Lambda 3.8-liter V6 engine producing 290 hp, and Hyundai's all-new Tau 4.6-liter V8 engine producing 375 hp. With technology rivaling more expensive luxury sedans, convenience features like push-button start and navigation system, and five-star safety ratings from the National Highway Traffic and Safety Administration (NHTSA), it's clear that Genesis is among the best new cars of 2009. But at a starting MSRP of just $32,250 and max price of just $42,000 for a fully loaded Genesis, it's no surprise the competition was left in Hyundai's rear-view mirror.

"Genesis was developed to rival the world's best luxury sedans so we knew it would be a great car, but we didn't know how it would be received by the automotive community," said Scott Margason, director of Product & Strategic Planning for Hyundai. "As the awards accumulated, we realized not only how well designed the Genesis was, but how far the Hyundai brand had come. Consumers and automotive industry influencers really embraced the idea of Hyundai producing a luxury product."

Genesis Sedan Awards

1. 2009 North America Car of the Year
2. Motor Trend – America's Top 40 New Cars
3. J.D. Power and Associates – Automotive, Performance, Execution and Layout (APEAL) - Most appealing midsize premium car
4. J.D. Power and Associates – Vehicle Launch Index (VLI) - Highest ranked 2009 all-new or redesigned vehicle
5. The Car Book 2009 – Best Bet (intermediate category)
6. About.com – Best New Car
7. Kiplinger's Personal Finance – Best New Model (sedans $30,000-$45,000)
8. NADAguides.com – Car of the Month (April)
9. NADAguides.com – Top 5 Luxury Cars
10. NADAguides.com – Best Car Buy - Top luxury cars under $35,000
11. Autotropolis.com – Car of the Year
12. Cars.com – Car of the Year
13. On Wheels – Car of the Year
14. AutoPacific – Ideal Vehicle Awards - Aspirational Luxury Category
15. AutoPacific –Vehicle Satisfaction Awards - Aspirational Luxury Category
16. Consumer Reports – Top-Rated Vehicle (upscale sedan category)
17. Consumer Digest – Best Buy (luxury segment)
18. MyRide/Autobytel – Car of the Year
19. Ward's Auto World – 10 Best Engines (4.6 liter Tau V8)
20. Automobile Journalists Association of Canada – Canadian Car of the Year
21. Automobile Journalists Association of Canada – Best New Luxury Vehicle Under $50,000

HYUNDAI MOTOR AMERICA

Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 780 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by The Hyundai Advantage, America's Best Warranty. In addition, Hyundai Assurance is now offered on all new vehicles leased or purchased from a certified Hyundai dealer. The program is available to any consumer, regardless of age, health, employment record or financed amount of the vehicle. The program is complimentary for the first 12 months.