The auto industry these days has its
eyes on Hyundai. Hyundai has made great strides over the past two
decades when it comes to improving its quality, reliability, and
public image. Hyundai has gone from making the simply terrible Excel
from the 80s to making credible luxury sedans like the Genesis
and Equus today (along with a
full stable of more mainstream vehicles).
Now, Hyundai is looking to make a huge
leap in fuel efficiency for its vehicles according to Detroit
News. Hyundai's North American CEO, John Krafcik, is looking to
boost the fleet fuel efficiency average from a current level of 30.9
mpg (the industry's highest total) to a whopping 50 mpg within the
next 15 years.
"We're committing today to a 50
mpg target by 2025," stated Krafcik. "We're all in. Let's
go as far as we can. We don't know how to get there."
Hyundai will need to devote as much as
20 percent of its production to hybrid/plug-in
hybrid vehicles and roughly 5 percent of production to electric
vehicles to meet that lofty goal.
Hyundai is already well on its way to
boosting fuel efficiency across the board with its mainstream
vehicles. The Hyundai Sonata is among
the most fuel efficient midsize family sedans available on the
U.S. market with fuel economy ratings of 24/35 mpg city/highway with
its standard 198 hp 2.4-liter four-cylinder engine. For those that
crave more power, the 274 hp 2.0-liter turbo four-cylinder engine
option beats its competitors' V6 offerings in power and fuel
efficiency at 22/34 mpg.
The Sonata will also be available
in a hybrid variant which will achieve EPA ratings of 37 mpg city
and 39 mpg highway.
Next year, Hyundai is also bringing its
mpg Veloster which looks to upset Honda's hybrid-only CR-Z along
with a subcompact Accent
and compact Elantra
which will both approach 40 mpg.
quote: And yet I think resale value speaks far more about the overall quality than some rankings by a marketing research firm, that's just me though.
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