Category Archives: Press Release

Hyundai Genesis Named One of the Best New Cars of 2009

About.com Recognizes Genesis Luxury and Value on the Best New Car List for 2009

FOUNTAIN VALLEY, Calif., 01/23/2009 Hyundai’s new luxury flagship Genesis is named a “Best New Car of 2009” in About.com Cars’ third annual Best New Car List. This marks the first time that a Hyundai vehicle has been recognized in the About.com Cars annual list.

About.com Cars highlighted Genesis‘ notable luxury features, smooth and quiet ride, spacious interior and value. “This car would make the Best New Car List no matter who built it — but I just love the fact that it’s a Hyundai,” said Aaron Gold, Guide to Cars for About.com.

The About.com Cars Best New Car recognition continues to showcase the quality, performance, safety and value available with Genesis. The 2009 Genesis was recently named the North American Car of the Year and was named a “Top 5 Luxury Car for 2009” by NADAguides.com. In addition, Genesis earned five-star crash test ratings for both front and side by the National Highway Traffic Safety Administration (NHTSA).

“We are honored to have the Genesis recognized as one of the ‘Best New Cars of 2009’ by About.com Cars,” said Michael Deitz, product planning manager, Hyundai Motor America. “Genesis has the technology and features comparable to the world’s leading premium sports sedans at a value Mercedes and BMW can’t beat.”

About.com Cars’ Best New Cars of 2009 list can be found online at cars.about.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 almost 790 dealerships nationwide.

Hyundai Genesis Named Car of the Year by On Wheels Media at the 13th Annual Urban Wheel Awards

FOUNTAIN VALLEY, Calif., 01/14/2009 On Wheels Media, Inc. — publisher of African Americans On Wheels, Asians On Wheels, and Latinos On Wheels – named the Hyundai Genesis Car of the Year at the 2009 Urban Wheel Awards. The prestigious award, presented during the North American International Auto Show held at the Detroit Opera House, recognizes Hyundai’s effort in raising the automotive bar with the introduction of the all-new 2009 Hyundai Genesis.

Hyundai is honored to have On Wheels Media, a giant in multicultural automotive multimedia, select the 2009 Hyundai Genesis as the Urban Wheels Awards Car of the Year,” said Dave Zuchowski, vice president, national sales, Hyundai Motor America. “The United States is a diversified market. Hyundai focuses on producing vehicles that meet universal satisfaction and this award is proof-positive that the face of Hyundai has translated well throughout.”

Held in conjunction with the North American International Auto Show since 1996, the annual Urban Wheel Awards produced by On Wheels Media, Inc., is the automotive industry’s premier diversity awards ceremony. The Urban Wheel Awards honor pioneering automotive industry leaders and serve as an educational vehicle to increase awareness among minority audiences about the importance of diversity to the industry. Awards are presented in categories including: Company of the Year, Minority Executive of the Year, Diversity in Motorsports, Urban Car of the Year and Urban Truck of the Year; voted on by an independent panel of automotive journalists. Consumers also play a role in the Urban Wheel Awards, selecting their favorite diversity-oriented automotive advertisements through online voting.

The 2009 Hyundai rear-wheel drive Genesis sedan offers capabilities and features comparable to the world’s leading premium sports sedans at a more reasonable price. It is fully equipped with a powerful, world-class Tau 4.6-liter V8 engine that delivers 375 horsepower, segment-leading standard safety features such as electronic active head restraints, technology rivaling more expensive luxury sedans including XM NavTraffic, an Adaptive Front Lighting System (AFLS), and a Lexicon® audio system; and The Hyundai Advantage: America’s Best Warranty – Hyundai’s 10-year, 100,000-mile powertrain warranty. The National Highway Traffic Safety Administration (NHTSA) awarded the Genesis five-star crash test ratings for both frontal and side-impact crash tests, the highest government rankings under the agency’s New Car Assessment Program. Additionally, every Genesis, as well as all other Hyundai vehicles, is covered by the “Hyundai Assurance Program“, a complimentary vehicle return program for the first year on every new Hyundai that is financed or leased for owners who experience an involuntary loss of income within 12 months of the purchase date.

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 790 dealerships nationwide.

Hyundai Genesis Named 2009 North American Car of the Year

Hyundai Takes Home its First North American Car of the Year Honor

DETROIT, 01/11/2009 After months of expert test-drives, critical acclaim and independent awards, the Hyundai Genesis took top honors in the most exclusive award in North America when it was named 2009 North American Car of the Year.

A jury of 50 independent automotive journalists evaluated all the new cars introduced last year and chose the 2009 Hyundai Genesis as the best new model. The award was announced at a news conference at the 2009 North American International Auto Show in Detroit.

Genesis represents everything we’ve learned, so far, about engineering great automobiles – and we’re delighted that the judges have recognized the good work of our R&D teams,” said John Krafcik, Hyundai Motor America acting president and chief executive officer. “And we’re not stopping here…Genesis will share company in Hyundai showrooms this spring with its rear-wheel drive platform-mate, the Genesis Coupe.”

This year the jurors considered more than 50 new vehicles before selecting the top three cars and top three trucks. The Volkswagen Jetta TDI and Ford Flex were the other finalists.

The North American Car of the Year award is decided by a jury of 50 independent, full-time automotive journalists from the United States and Canada. This is the 16th year of the awards, which were inspired by the prestigious European “Car of the Year.” They are administered by an organizing committee and are funded exclusively with dues paid by the jurors. Jurors judge the cars on a number of factors including innovation, design, safety, handling, driver satisfaction and value for the dollar.

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.

Hyundai Genesis Outscores Competitors, Becomes Consumer Reports’ Top-Rated ‘Upscale Sedan’

Genesis narrowly outpoints Lexus ES 350 to take top spot

YONKERS, N.Y., Jan. 5 — The Hyundai Genesis outscored four competitors to become Consumer Reports top-rated vehicle in the competitive “Upscale Sedan” category. The Genesis, which achieved an “Excellent” overall road test score, now outranks 12 vehicles from Lexus, Acura, Lincoln and others including the Lexus ES 350.

The Genesis‘ performance in CR’s battery of tests solidifies the automaker’s reputation as a builder of high-quality vehicles in several diverse automotive segments. Previously, Consumer Reports named two Hyundais, the Elantra and Santa Fe, as “Top Pick” vehicles in the small sedan and midsize SUV categories respectively.

“The Hyundai Genesis rivals high-end luxury sedans but costs considerably less,” said David Champion, senior director of Consumer Reports’ Auto Test Center in East Haddam, Connecticut. “Its luxurious and spacious interior and quietness far transcend its relatively modest price.”

The Genesis was tested against four other new or redesigned upscale sedans — the Acura TL, Nissan Maxima, Pontiac G8 and Lincoln MKS — for the February issue of Consumer Reports. Prices ranged from $33,660 for the Pontiac to $40,880 for the Lincoln.

Two other vehicles in the test group also earned Excellent overall road test scores, the TL and Maxima. The G8 and MKS achieved Very Good overall scores.

The eight other vehicles in the Upscale Sedans category including the ES 350, Toyota Avalon, Buick Lucerne and Saab 9-5, were all tested previously.

In addition to the five upscale sedans tested, CR also purchased and tested the Jaguar XF luxury sedan. Though it obtained a Very Good overall score, it still ranked near the bottom of the group of 12 luxury sedans that Consumer Reports has rated.

But the redesigned Honda Pilot has slipped from being one of Consumer Reports’ top-rated three-row SUVs to midpack. The Pilot now ranks eleventh out of seventeen midsized, three-row SUVs that have been tested by CR.

Full tests and ratings of all six sedans appear in the February issue of Consumer Reports, which goes on sale January 6. The reports are also available to subscribers of www.ConsumerReports.org. (Road test vehicles of recently tested vehicles are also available free at CR’s web site.)

The issue also contains a report on the conversion of a hybrid Toyota Prius to a plug-in hybrid. Consumer Reports chose a Hymotion L5 conversion kit sold by A123 Systems, which the company claims can yield more than 100 mpg. Fuel economy in CR’s converted Prius jumped from 42 to 67 mpg overall for the first 35 miles of driving. At almost $11,000, the plug-in conversion clearly won’t save consumers money overall. However, the technology itself proved viable.

The TL is the only vehicle in this month’s test group that is Recommended by Consumer Reports. CR only Recommends vehicles that have performed well in its tests, have at least average predicted reliability based on CR’s annual Car Reliability Survey of its more than seven million print and web subscribers, and performed at least adequately if crash-tested or included in a government rollover test.

CR doesn’t have reliability data yet on the Genesis, MKS, Maxima, G8 and XF.

Spacious and well appointed, the rear-wheel-drive Genesis offers good value and is a compelling alternative to luxury vehicles costing thousands more. This car’s forte is swaddling passengers in silence. The engine sounds polished and road noise is strikingly absent. The interior rivals those of the very best luxury cars, with its optional stitched-leather dashboard facing and consistently high-quality materials. The only real drawback is its ride, which can be unsettled at times and doesn’t live up to the standards set by other luxury cars. The Genesis 3.8 ($36,000 Manufacturer’s Suggested Retail Price as tested) is powered by a 290-hp, 3.8-liter V6 that feels quick and smooth and delivers a decent 21 mpg in CR’s own fuel-economy tests. The six-speed automatic transmission provides smooth, quick shifts. Braking is excellent.

The redesigned Acura TL is a nice car, with responsive handling, a slick powertrain and commendable fuel economy. But when compared with the previous TL, which was CR’s Top Pick in this segment for years, the latest generation is not as impressive. Vague steering saps the fun out of its handling, the trunk opening is small, and other competitors have roomier rear seats. The base-model TL ($35,715 MSRP as tested) is powered by a 280-hp, 3.5-liter V6 that delivers excellent acceleration and a respectable 23 mpg overall on premium fuel. The five-speed automatic transmission is both quick and smooth. Brakes are excellent overall.

The Maxima is a quick car, but it doesn’t add much over the less costly Nissan Altima overall. While it’s pleasant, it falls short in some ways. Handling is responsive, but at low speeds the steering is overly light. The car is quiet and the ride is decent. But the new coupe-like silhouette compromises visibility, trunk room, and rear-seat comfort. The Maxima 3.5 SV ($33,700 MSRP as tested) is powered by a 290-hp, 3.5-liter V6 that gives the car quicker acceleration than some V8s. Expect 22 mpg overall on premium fuel. The continuously variable transmission works very well overall; it’s also the only one available. The Maxima’s brakes are very good overall.

As a bargain sports sedan that can challenge the performance of models from BMW and Mercedes, Pontiac’s G8 is a success. It handles and rides as well as the best cars in its class. The G8 GT’s acceleration is very impressive, with a zero-to-sixty time of 5.7 seconds. But the downside of that is poor fuel economy — at just 17 mpg overall on regular fuel. The G8 GT ($33,660 MSRP as tested) is powered by a huge 361-hp, 6.0-liter V8 engine that makes it blisteringly quick. The smooth six-speed automatic transmission with a tall sixth gear makes highway cruising relaxed. The brakes are very good overall. (A 256-hp, 3.6-liter V6 with a five-speed automatic is also available in the base G8, but CR didn’t test it because a more powerful V6 with a six-speed automatic will arrive in 2010.)

In the tradition of large domestic luxury cars, Lincoln’s MKS is built for pampering, not for spirited driving. Handling lacks agility, and the engine is too noisy for a car in this class. The interior amenities and finishes are pleasant, but the MKS feels too much like the Ford Taurus, on which it is based, to justify its luxury price tag. The MKS ($40,880 MSRP as tested) is equipped with a 273-hp, 3.7-liter V6 engine that performs well, but is not as quick or smooth as its competition in this class. CR measured its fuel economy at just 20 mpg overall on regular, which is not impressive. The six-speed automatic transmission is not as slick as most in this class. Brakes are very good overall.

With more than 7 million print and online subscribers, Consumer Reports is one of the most trusted sources for information and advice on consumer products and services. It conducts the most comprehensive auto-test program of any U.S. publication or Web site; the magazine’s auto experts have decades of experience in driving, testing, and reporting on cars. To become a subscriber, consumers can call 1-800-234-1645. Information and articles from the magazine can be accessed online at www.ConsumerReports.org.

Hyundai Marks the 10-Year Anniversary of "America’s Best Warranty" with the Launch of the "Hyundai Assurance Program"

Hyundai Assurance Program provides new car buyers who lose their income protection against negative equity and credit rating concerns

Hyundai Motor America announced today an unprecedented program to protect consumers in this uncertain economic environment. Beginning today, Hyundai is providing a complimentary vehicle return program for the first year on every new Hyundai that is financed or leased for owners who experience an involuntary loss of income within 12 months of the purchase date. The “Hyundai Assurance Program” expands the protection offered through “The Hyundai Advantage: America’s Best Warranty,” which has provided 10-year, 100,000-mile powertrain protection to Hyundai owners for a decade. The Hyundai Assurance Program is complimentary for one full year, covers all Hyundai models and is available to everyone.

“We understand consumers’ hesitance to commit to large purchases in today’s economic environment,” said John Krafcik, acting president and CEO, Hyundai Motor America. “Ten years ago, Hyundai’s industry-leading warranty provided peace of mind to consumers about Hyundai’s quality and reliability. Today we’re extending that peace of mind to cover consumers’ employment status and personal finances.”

The Hyundai Assurance Program, the first of its kind for an automaker in the U.S. auto industry, allows consumers to walk away from a financing obligation when certain adverse life events occur, providing protection from financial shortfalls that arise from vehicle depreciation (negative equity) up to $7,500.

The Hyundai Assurance Program complements America’s Best Warranty as standard protection on new vehicles financed or leased from a participating Hyundai dealer, and supplements all existing consumer incentives. The program is available to any consumer, regardless of age, health, employment history or financed amount of the vehicle. The program is complimentary for the first 12 months of the financing or lease date for vehicles financed through Hyundai Motor Finance Company and other third-party lenders and financing sources. Covered circumstances include:

– Involuntary unemployment
– Physical disability
– Loss of driver’s license due to medical impairment
– International employment transfer
– Self-employed personal bankruptcy
– Accidental death

Consumers must have made at least two scheduled payments on their loan or lease, be current on all payments and pay for any outstanding balance above the $7,500 benefit amount which results from negative equity. Once the benefit is approved by the Hyundai Assurance administrator and the customer pays any outstanding balance, the customer returns the vehicle to the selling dealer, whose appraisal is factored into the valuation formula, and the consumer avoids further financial obligation or negative impact to his/her credit. The dealer is then able to remarket the vehicle.

For more details about the Hyundai Assurance Program, please visit www.HyundaiUSA.com or www.HyundaiAssurance.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 790 dealerships nationwide.

Hyundai Announces Pricing for Fuel-Efficient Elantra Touring

FOUNTAIN VALLEY, Calif., December 23, 2008Hyundai Motor America has announced prices for its Elantra Touring five-door compact, starting at $18,495 for a very well-equipped entry-level model and $19,995 for one featuring a Premium-Sport package. The all-new 2009 Elantra Touring is a sportier, more functional variant of Hyundai’s popular Elantra sedan, and will be available at dealerships in the first quarter of 2009.

2009 Elantra Touring Manufacturer’s Suggested Retail Pricing
Touring M/T
Standard Equipment
Five-Speed M/T with B&M Sport shifter
$18,495

Touring A/T
Standard Equipment
Four-Speed A/T
$19,295

Touring M/T
Premium-Sport
Five-Speed M/T with B&M Sport shifter
$19,995

Touring A/T
Premium-Sport
Four-Speed A/T
$20,795

Note: All prices in this release contain a freight charge of $695

“The all-new Elantra Touring is a fun-to-drive, functional five-door,” said Mark Dipko, manager, small car product development, Hyundai Motor America. “Elantra Touring provides buyers a unique offering in the compact segment, raising the bar as Hyundai likes to do in value, safety and quality. It is remarkable how many features a customer can get for under $20,000 in such a versatile five-door.”

The Elantra Touring is the first five-door compact to offer standard Electronic Stability Control (ESC) in addition to a host of other class-leading safety technologies. As with all Hyundai vehicles, the Elantra Touring was designed and manufactured to meet the most stringent quality standards in the industry, exemplifying Hyundai’s quality leadership position worldwide.

The Elantra Touring, with its modern, sleek styling and fun-to-drive qualities, was developed by Hyundai in response to the growing demand for stylish and functional five-door vehicles, sales of which doubled from 2001 to 2006. Five-door vehicle sales are projected to be strong into the next decade as well.

THE GOOD STUFF COMES STANDARD
Elantra Touring builds on Hyundai’s reputation for offering loads of standard equipment, including air conditioning, power windows, heated mirrors, door locks, remote keyless entry with alarm, steering wheel-mounted cruise control and audio controls, eight-way adjustable driver’s seat with lumbar support, a cooled glove box and plenty of storage compartments. For audiophiles, an integrated 172-Watt AM/FM/XM Satellite Radio/CD/MP3 audio system with six speakers, USB input and auxiliary input jack are standard. The Premium-Sport package adds a power sunroof with tilt and slide functions, heated front seats and 17-inch alloy wheels with P215/45VR17 tires.

STANDARD SAFETY TECHNOLOGIES
Like every Hyundai, top-tier safety was a key development goal for the Elantra Touring, which is fully equipped to protect driver and passengers. Passive safety features include dual front, side and curtain airbags — a total of six protective airbags in the vehicle. Other safety features include active front headrests, seatbelt pretensioners and seatbelt reminders. The combination of side and curtain airbags, which help protect the head and body during side impacts, can reduce fatalities by more than 50 percent, according to the Insurance Institute for Highway Safety (IIHS). The IIHS also notes that active front head restraints improve rear crash protection.

The Elantra Touring comes standard with Electronic Stability Control (ESC), one of the industry’s most effective life-saving technologies. NHTSA studies show that passenger cars equipped with ESC experience 30 percent fewer fatalities in single-vehicle crashes than cars without ESC. Santa Fe, Veracruz, Tucson, Sonata, Azera, Elantra SE, Entourage and Genesis are all equipped with standard ESC. Elantra Touring has earned five-star frontal and four-star side crash ratings in the compact passenger car segment from NHTSA.

ROOMY AND REFINED INTERIOR
The long wheelbase and generous width of the Elantra Touring, combined with Hyundai’s expertise in interior packaging, have produced an interior that delivers class-leading comfort, functionality and practicality. Elantra Touring has the most interior volume (passenger volume plus cargo space) of any five-door in its class at 125.5 cubic feet. In fact, Elantra Touring’s cargo capacity is 65.3 cubic feet with the rear seats folded down, which is more cargo space than many larger wagons and crossovers.

The Elantra Touring is the first compact five-door to offer XM Satellite Radio® and USB/iPod® auxiliary inputs as standard equipment. When an iPod or flash drive is connected through the USB port, located in the center storage compartment, not only does it play music through the vehicle’s six-speaker audio system, but it also charges the iPod and allows the driver to access tracks with the steering wheel audio controls. This system also allows both driver and passengers to easily view song/artist/title information and control the music from the audio head unit rather than only the iPod itself. The center storage compartment location of the USB assures that iPods can be safely stowed out of sight.

The roomy and functional interior is also a quiet place to be. Based on internal tests, Elantra Touring has four decibels lower road noise levels than the Mazda3 five-door.

IMPRESSIVE PACKAGE EFFICIENCY
The Elantra Touring’s exterior dimensions (176.2 inches long, 69.5 inches wide and 59.8 inches high) make it a great fit in the compact five-door segment, while its long wheelbase (106.3 inches) offers class-leading interior volume. Elantra Touring features outstanding front legroom and both front and rear shoulder room. In addition, every Elantra Touring has 60/40 split folding rear seats that fold when needed for added storage, functionality and practicality.

The Elantra Touring matches best-in-class passenger volume with best-in-class cargo capacity. There is a useful 24.3 cubic feet of luggage space with rear seats upright and a cavernous 65.3 cubic feet with the rear seats folded flat. As in any Hyundai, the utility and convenience in the Elantra Touring has not been overlooked, with a stow-and-go removable luggage cover that stores conveniently out-of-site under the trunk area compartment. An optional restraining net is also offered.

The Elantra Touring includes a number of convenient, standard stowage and storage features, including a sunglass holder, two front and two rear cupholders, door bottle holders, dash storage, central console storage, front storage tray, front seatback pockets and a cargo area under-floor storage. For tailgaters, the cargo area also has a power-retained, 12-volt outlet that does not require the vehicle to be turned on in order to work.

ENGINE PERFORMANCE
Elantra Touring is powered by the same fuel-efficient, 2.0-liter inline four-cylinder found in the Elantra sedan. This sophisticated, 16-valve powerplant employs Dual Overhead Camshafts (DOHC) and Continuously Variable Valve Timing (CVVT) for a power band, coupled with high fuel efficiency and low emissions. Elantra Touring is certified as an Ultra Low Emission Vehicle (ULEV). With a manual transmission, the Elantra Touring’s mileage is 23 mpg city and 31 mpg highway according to the EPA. With the optional four-speed, automatic transmission, the Elantra Touring’s EPA rating is 23 mpg city and 30 mpg highway.

AMERICA’S BEST WARRANTY
The 2009 Elantra Touring is protected by the Hyundai Advantage, America’s Best Warranty. Coverage includes five-year/60,000-mile bumper-to-bumper protection, 10-year/100,000-mile limited powertrain warranty and seven-year/unlimited mileage anti-perforation coverage. In addition, Elantra Touring buyers receive 24-hour roadside assistance coverage at no extra charge for five years (no mileage limit), including emergency service.

Hyundai Elantra Named "Best Compact Car for the Money" by U.S. News and World Report

FOUNTAIN VALLEY, Calif., 12/19/2008 The affordable 2009 Hyundai Elantra, with unsurpassed standard safety in the compact segment, was named “Best Compact Car for the Money” by U.S. News and World Report. The “Best Car for the Money” awards are designed to help customers find the best car values at affordable prices without sacrificing quality and design.

“The case of the Hyundai Elantra, the ‘Best Compact Car for the Money,’ proves what many have been saying for years: Honda and Toyota should watch their backs because Hyundai is making not just economical cars, but very good ones,” said Jamie Page Deaton, editor, U.S. News and World Report.

The “Best Car for the Money” awards are based on data from U.S. News and World Report’s online automotive rankings evaluated with the opinions of the automotive press and IntelliChoice that measures the value of a vehicle after five-year ownership and maintenance costs. Overall appeal, quality, safety, initial pricing and the five-year total cost of ownership are the major categories for choosing winners.

“We’re honored to be recognized by U.S. News and World Report as the ‘Best Compact Car for the Money'” said Scott Margason, National Manager, Product Development, Hyundai Motor America. “2009 Elantra is equipped with six standard airbags and extras like standard audio auxiliary input jack — all at an affordable price point any customer will appreciate. We are pleased to see Elantra being recognized for its continued quality and value.”

HYNNDAI 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 790 dealerships nationwide.

Hyundai Genesis a Finalist for North American Car of the Year

Korean Manufacturer Earns a Place in Finals for First Time in 16-Year History of Award

Detroit, 12/18/2008 When Hyundai introduced the all-new Genesis at the 2008 North American International Auto Show, it promised to shatter automobile paradigms by offering a sedan with capabilities and features comparable to the world’s leading premium sports sedans. That claim was underscored today when the North American Car of the Year jury announced Genesis as one of the three finalists in its annual quest to name the most outstanding and significant new car, besting competitors such as Nissan GT-R, Audi A4, Dodge Challenger and BMW 1-Series.

“We are extremely proud of the Hyundai Genesis,” said John Krafcik, Hyundai Motor America acting president and chief executive officer. “It’s our flagship vehicle. It is the ultimate expression of the engineering excellence found in all of our products. We are honored to be named a finalist for this prestigious award.”

This year the jurors considered more than 50 new vehicles before selecting the top three cars and top three trucks. Genesis‘ spot in the North American Car of the Year finals marks the first time a Korean manufacturer’s product has made it to the final three.

U.S. domestic automakers have won North American Car of the Year eight times. Japanese automakers have won three times. European automakers have won four times. The Volkswagen Jetta TDI and Ford Flex are the other finalists this year.

The North American Car of the Year award is decided by a jury of 50 independent, full-time automotive journalists from the United States and Canada. This is the 16th year of the awards, which were inspired by the prestigious European “Car of the Year” awards. The U.S. program is administered by an organizing committee and is funded exclusively with dues paid by the jurors. Jurors judge the cars on a number of factors including innovation, design, safety, handling, driver satisfaction and value for the dollar.

The winner will be named at next month’s North American International Auto Show in Detroit on January 11, 2009.

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 790 dealerships nationwide.

Hyundai’s New Tau V8 Engine Named to Ward’s "10 Best Engines" List

FOUNTAIN VALLEY, Calif., 12/08/2008 Hyundai’s all-new 4.6-liter Tau V8 engine, which debuted in the premium Genesis sedan this year, has been named one of the “Ward’s 10 Best Engines” for 2009 by Ward’s Auto World. This marks the first time a Hyundai engine has appeared on the prestigious “Ward’s 10 Best Engines” list.

Ward’s Auto World editors tested the Tau V8 engine in Hyundai’s all-new Genesis sedan this fall and concluded, “The engine’s velvety power delivery, competitive performance and attainable price epitomize the Korean auto maker’s drive for world-class engineering.”

The 2009 Hyundai Genesis is available with the Tau V8 combined with a ZF 6-speed automatic transmission, delivering the rewarding driving performance that premium sports sedan buyers demand.

The critically acclaimed Hyundai Genesis and the Tau V8 engine were designed to rival the best premium sport sedans and V8 engines the world has to offer,” said Scott Margason, national manager, Product Development, Hyundai Motor America. “Hyundai is particularly proud of Genesis and the Tau V8 engine as they embody the brand’s commitment to performance and efficiency and are delivered to the customer with exceptional value.”

The 375-horsepower 4.6-liter Tau V8 engine leads Genesis competitors with the highest specific output – 82-horsepower per liter. The 2009 Hyundai Genesis equipped with a Tau V8 engine achieves up to 25 miles per gallon on the highway, surpassing many prestigious key competitors’ V6 models in fuel economy as well as power.

Additionally, Genesis and the Tau V8 engine, like all Hyundai products are backed by the Hyundai Advantage, America’s Best Warranty. Coverage includes five-year/60,000-mile bumper-to-bumper protection, 10-year/100,000-mile limited powertrain warranty, and seven-year/unlimited mileage anti-perforation coverage.

The Tau V8 engine and the Hyundai Genesis are built at Hyundai’s Ulsan Plant in Ulsan City, Korea.

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 790 dealerships nationwide.

Hyundai Earns Top Honors in J.D. Power and Associates’ Consumer Financing Satisfaction Study

Hyundai Motor Finance Company Ranks Highest in Non-Luxury Loan Category

FOUNTAIN VALLEY, Calif., 12/09/2008 Hyundai Motor Finance Company (HMFC) earned the highest ranking in the non-luxury loan category among auto lending institutions in the J.D. Power and Associates 2008 Consumer Financing Satisfaction Study(SM). HMFC improved upon its 2007 fifth-place ranking, demonstrating considerable improvement in customer satisfaction. As a full-service auto finance company, HMFC serves Hyundai dealers nationwide with consumer vehicle financing, as well as dealer inventory and facility financing.

“At HMFC we are committed to satisfying car buyer’s financial needs and providing the highest levels of customer service,” said Mike Buckingham, president and CEO, HMFC. “Additionally, in today’s credit market environment we are proud to continually deliver excellent financing options for Hyundai’s customers.”

In its 13th year, J.D. Power and Associates Consumer Satisfaction Study(SM) investigates the vehicle financing decision process of new vehicle purchasers, as well as analyzing customer satisfaction with more than 40 individual providers. Satisfaction is evaluated from the initial in-dealership experience through servicing of the contract. Four factors are examined to determine customers’ satisfaction with their automotive finance providers: provider offering, application/approval process, payment/billing process and customer contact experience.

The data for the 2008 Consumer Financing Satisfaction Study(SM) is collected through a mail survey of new vehicle customers in two waves between May and September. The survey is targeted at customers during the initial six months of their vehicle financing experience. The 2008 survey tallied responses from 27,964 consumers who financed their new vehicle in the previous five to seven months.

J.D. POWER AND ASSOCIATES

Headquartered in Westlake Village, Calif., J.D. Power and Associates is a global marketing information services firm operating in key business sectors including market research, forecasting, performance improvement, training and customer satisfaction. The firm’s quality and satisfaction measurements are based on responses from millions of consumers annually. For more information on boat ratings, car reviews and ratings, car insurance, health insurance, cell phone ratings, and more, please visit JDPower.com. J.D. Power and Associates is a business unit of The McGraw-Hill Companies.

HYUNDAI MOTOR AMERICA

Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of South Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through more than 790 dealerships nationwide.