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Hyundai News
HYUNDAI ELANTRA WINS 2012 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
DETROIT, Jan. 9, 2012 ? 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.
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- Record 2011 Sales of 645,691 Up 20 Percent
- Sonata Achieves Top 5 Car Retail Sales Ranking with Over 200,000 Retail Sales
COSTA MESA, Calif., Jan. 4, 2012 ? Hyundai Motor America today announced sales of 50,765 vehicles in December, a 13 percent total sales increase and 18 percent retail sales increase compared with the same record-setting period a year ago.
For the year, Hyundai sales were up 20 percent versus 2010 in total, with sales to retail customers up 29 percent. Sales to fleet accounts represented just 10 percent of total sales for 2011 and three percent for the month of December.
"We are encouraged by the present market fundamentals combined with consistent signals including brisk holiday selling that indicates a broader industry recovery," said Dave Zuchowski, Hyundai Motor America's executive vice president of national sales. "We finished 2011 with solid momentum and much improved inventory levels and are enthusiastic about our prospects for 2012 as we continue to launch a broad array of new product entries."
The Alabama-built Sonata and North American Car of the Year finalist Elantra both set full-year records with sales of 225,961 units (up 15 percent) and 186,361 (up 41 percent) respectively. The all-new Accent saw an incredible year-over-year sales increase of 91 percent for the month of December and finished the year up seven percent over 2010.
Hyundai's premium models also performed well, with Genesis delivering 32,998 sales for the year, an increase of 13 percent over 2010, setting an all-time yearly record. In its very first year, Equus found 3,193 very satisfied owners, delivering over five percent market share of the premium sedan segment with residual values and J.D. Power APEAL ratings unsurpassed by Lexus, Mercedes-Benz, BMW, or Audi. Equus is powered by the 5.0L Tau GDI V8 429-horsepower engine, a 2011 Ward's Ten Best engines winner.
"December was another record-setting month and 2011 a record-setting year for Hyundai," said John Krafcik, president and CEO, Hyundai Motor America. "Hyundai sold a record 645,691 units this year, built over 420,000 cars right here in the U.S., and achieved an industry-leading 36.1 miles per gallon CAFÉ level doing it.
"Sonata's retail sales performance in 2011 was a real highlight for us. Along with Camry, Accord, Civic, and possibly Altima, the Hyundai Sonata was one of only five cars in the entire industry with retail sales (excluding fleet) over 200,000 units. Consumers tell us they have segment-leading levels of satisfaction with the bold design and real-world fuel economy of the Sonata ? this recipe has been extremely successful for all of our new Hyundai products."
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COSTA MESA, Calif., Dec. 1, 2011 ? Hyundai Motor America today announced sales of 49,610 vehicles in November, a 22 percent total sales increase and 24 percent retail sales increase compared with the same record-setting period a year ago.
"The Thanksgiving Holiday weekend, including 'Black Friday,' proved to be a very strong selling period and helped us break our all-time November sales record," said Dave Zuchowski, Hyundai Motor America's executive vice president of national sales. "With vehicle availability at the highest levels for the year, and with positive demand signals and improving consumer confidence, Hyundai is positioned for a very strong December finish to this record-breaking year."
Year to date, Hyundai sales are up 21 percent versus 2010 in total, with sales to retail customers up 30 percent. Sales to fleet accounts represent 11 percent of the total sales year-to-date and 10 percent for the month of November. Thirty-six percent of Hyundai vehicles sold in November achieved 40 MPG fuel economy ratings.
The award-winning Hyundai Accent and Elantra continue to deliver a strong one-two punch in the sub-compact and compact car segments with sales increases of 16 percent and 44 percent, respectively, over the same period last year. Tucson and Veracruz, part of Hyundai's crossover line-up, registered sales increases of 35 and 36 percent, respectively.
"Improving consumer demand and increased product availability at Hyundai dealers nationwide drive a positive December outlook for us," said John Krafcik, Hyundai Motor America's president and CEO. "While our 35 days-supply level today is low by most standards, it's the best we've seen at the start of a month for some time. Accent, Elantra and Veloster remain in short supply, but healthy dealer stocks on all other Hyundai models should allow consumers a great opportunity to find just the car they're looking for in December."
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13thAnnual ALG Awards Honor Elantra in Compact Car Segment
COSTA MESA, Calif., Nov. 16, 2011? 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).
********************************************************************************************Elantra owners happier with real-life fuel economy than all competitive owners in segment
COSTA MESA, Calif., Dec. 6, 2011 ? As Hyundai eclipses the 600,000 annual sales mark for the first time in its 25-year U.S. history, one super-hot product is leading the way.
Hyundai has already sold more Elantras in North America this year than it ever has (216, 331 v. 151,735, a 43 percent increase), a high point for the Elantra model line in a record-setting year for Hyundai in both the U.S. and Canada.
"Elantra has been an absolute phenomenon in the compact car segment," says John Krafcik, Hyundai Motor America President and CEO. "In November, Elantra retail sales were up 37 percent, in spite of significant competition from all-new entries such as the Chevy Cruze, Ford Focus and Honda Civic."
In Canada, too, the Elantra has had a record year. By the end of November, Elantra already has achieved its best-ever year of sales and was a major factor in helping the company achieve year-over-year sales gains for 35 consecutive months.
"The Elantra continues to fuel record sales in Canada," says Steve Kelleher, President and CEO of Hyundai Auto Canada Corp. "Elantra's Fluidic Sculpture design, advanced safety features and fuel efficiency make it the perfect car in our market."
Fuel Economy Leadership for All
Hyundai made a bold decision to engineer all Elantra sedan models to achieve 40 mpg on the highway, regardless of trim level. In fact, for 2011, Elantra sedan alone leads all competitive manufacturers' 40+ mpg models on an entire line-up basis, an impressive feat for a single model. Elantra's high market penetration ensures that its net positive impact on the environment is based on more than just the low volumes of sophisticated but expensive powertrain technologies of its key competitors. (Chart below.)
And no customers in the compact car segment are as happy with their real-world fuel economy as Elantra owners as measured in a recent JD Power APEAL story that examines how gratifying a new vehicle is to own and drive, easily out-pacing strong competitors like the Ford Focus, Chevy Cruze and Honda Civic.
Residual Value
Elantra has also won the ALG residual value award in the Compact Car segment for the second year in a row in the U.S. 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. Customers are finding comfort in the fact that their Elantra is going to be worth more in three years from now than any other car in the segment.