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

January 16, 2012

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.

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HYUNDAI VELOSTER NAMED AUTOBYTEL’S 2012 CAR OF THE YEAR

January 11, 2012

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.

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HYUNDAI ELANTRA NAMED 2012 NORTH AMERICAN CAR OF THE YEAR

January 10, 2012

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.

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Six Hyundai Models Earn 2012 IIHS Top Safety Pick Honors

January 3, 2012

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.

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

December 15, 2011

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.

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HYUNDAI NAMED TOP CPO PROGRAM

November 17, 2011

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.

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

November 16, 2011

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.

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

November 10, 2011

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.

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Top Wheels, Part I: Five Cars for Work

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

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August 25, 2011

HYUNDAI EQUUS RECEIVES J.D. POWER AND ASSOCIATES 2011 APEAL AWARD

- Equus Tops Large Premium Car Segment
- Hyundai Ranks Ahead of All Asian and Domestic Non-Premium Brands
- Hyundai Achieves Biggest Rank Increase in Industry With 33 Point Gain

J.D. Power and Associates designated the 2011 Hyundai Equus as its most appealing large premium car in the 2011 Automotive Performance, Execution and Layout (APEAL) StudySM as Hyundai soared in the annual owner survey. In its 16th year, the APEAL study examines owners’ assessments of the design, content, layout, and performance of their new vehicle. Vehicles and their brands are scored on a 1,000 point scale.

The Equus exceeded 900 points in this year’s study, achieving the highest APEAL score of any model in the industry. Equus outscored all other luxury premium sedans and performed considerably better than the segment average in the categories of vehicle exterior, storage, and audio/entertainment/navigation.

“The Equus has the distinction of being the highest-performing model in the 2011 APEAL Study,” said J.D. Power and Associates. “The Hyundai Equus has achieved an impressive introduction into the marketplace from a performance, execution and layout perspective.”

Overall, Hyundai was the most-improved nameplate in the industry and moved up 13 rank positions and 33 points to place 15th in 2011. This is the highest Hyundai has ever ranked in the APEAL Study, finishing ahead of all the Asian and U.S. domestic non-premium brands. The improvement is driven primarily by two of its redesigned models, the Sonata and Elantra, which improve by 57 and 35 points, respectively.

“We are thrilled with the recognition of Equus and the Hyundai brand as a whole in this year’s J.D. Power and Associates APEAL study,” said Frank Ferrara, executive vice president, Customer Satisfaction, Hyundai Motor America. “With the success of our Equus flagship and the unique appeal of our dynamically designed and fuel-efficient Elantra and Sonata, we’re continuing our quest to satisfy all types of American car buyers.”

Additionally, in the tightest race in the study, the Hyundai Sonata finished second by just two points – 818 v. 816 — in the midsize car segment.

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 powertrain warranty, 5-years of complimentary Roadside Assistance and the Hyundai Trade-in Value Guarantee.

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