Much has been said about the celebrated Cash for Clunkers program and now, there is one company that has officially announces entertaining customers who wish to avail of such a program. Hyundai, known to be among the first in business and a lot of unique programs to entice sales breaks the ice as being the first official company to entertain customers who will avail of the Car Allowance Rebate System (CARS).

In fact there was already a first customer. Katherine Michon of Arlington, Virginia was the first to trade-in an eligible clunker for a new Hyundai, replacing her 15 mile-per-gallon 1995 Ford Explorer with a 26 mile-per-gallon Hyundai Elantra Touring, at Alexandria Hyundai in Alexandria, Virginia.

Hyundai buyers will receive the full rebate allocated under the CARS program (also known as “cash for clunkers”) when an eligible trade-in is exchanged for a qualifying Hyundai model. Hyundai is the first automaker to extend the government incentive to consumers, accelerating its implementation by several weeks by backing dealerships with short-term cash advances as the government organizes the rollout of the program industry-wide.

(Source) Press

Tags: 1995 ford explorer, alexandria virginia, arlington virginia, automaker, car allowance, cash advances, clunker, consumers, doors, ford explorer, government incentive, hyundai elantra, implementation, mile per gallon, new hyundai, rebate system, rollout

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At least for one year, new Hyundai car owners can worry less about the fluctuating prices of fuel thanks to this partnership between Hyundai and Pricelock. Pricelock and Hyundai have joined together to implement a new program which will lock the price of fuel to $1.49 per gallon for a year on select new car models under the Hyundai brand.

This event promises to help spur car sales in the midst of a faltering market that is being affected by the governing fuel prices which have made motorists ponder about alternatives (such as hybrids and electric cars). But with a year of no worries in price fuel, the program may just work. Also, who knows what would happen after a year’s time on the fuel issues plaguing the world today?

For the Hyundai program, Pricelock will issue car buyers fuel cards, similar to credit cards, which drivers will use to purchase gasoline at any of the 165,000 participating gas stations, approximately 93% of all service stations in the U.S. Using the Pricelock card, the car buyer will be charged $1.49 per gallon for fuel, regardless of the price on the pump. Of course, if the pump price is below $1.49 per gallon, the cardholder will not use the fuel card, but instead will pay the lower pump price using cash or a credit or debit card and still be able to participate in the upside.

(Source) Press

Tags: car buyer, car buyers, car models, car owners, car sales, cardholder, debit card, electric cars, fuel card, fuel cards, fuel issues, fuel prices, gas stations, gasoline, hybrids, hyundai car, motorists, new hyundai, world today

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Hyundai launches a new eco-friendly vehicle variant with the new Accent variant running on LPG. The new passenger car has been priced at Rs 533,900 which is Rs 34,900 more than its existing petrol model. It is fitted with an engine immobilizer as a standard fitment for added security.

The new Accent eco is equipped with a LPG kit and powered by a 1.5 liter engine. It has a manual transmission which should all the more balance the proper consumption of fuel important for motorists today.

With separate Petrol (45 Litre) and LPG (27.2 litre) fuel tanks, the customers has an option to choose from both LPG and petrol driving mode. The LPG tank in the Accent eco has a special ‘Toroidal’ design that allows intelligent use of space and makes for a larger luggage room available to the customer.

LPG use is nothing new for most cars today. In fact, the number of motorists who have turned towards converting to these cheaper mode of motoring. With the new Hyundai Accent, you can do away with that conversion intent since you get it packaged with an all-new vehicle expected to deliver what new vehicles normally come in.

(Source) Press

Tags: added security, consumption, conversion, engine immobilizer, fuel tanks, Hyundai Accent, liter engine, litre, lpg kit, lpg tank, manual transmission, motorists, new hyundai, new vehicles, passenger car, toroidal

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If you think Hyundai Motors was crazy investing a lot on advertising during the Super Bowl, wait until you hear this one. Apparently, Hyundai is not slowing down and announced that they will launch its first national advertising campaign on Oscar Night with eight total spots airing on ABC’s telecast of the 81st Annual Academy Awards.

Building on the momentum of Hyundai’s Super Bowl advertising, Hyundai will again communicate three major initiatives during its airtime, including a significant addition to the innovative Hyundai Assurance program called “Hyundai Assurance Plus,” the “2009 North American Car of the Year” award garnered by the Hyundai Genesis, and the launch of the exciting new Hyundai Genesis Coupe. Hyundai has secured seven 30-second ads and one 60-second ad that will air during the Oscar ceremony.

All-new ads announcing the launch of Hyundai Assurance Plus will debut during the telecast. Hyundai Assurance Plus extends the security offered by the Hyundai Assurance program by adding 90 days of payment relief to the existing protection plan for consumers that finance or lease a new Hyundai between Feb. 23 and April 30.

(Source) Press

Tags: car of the year, coupe hyundai, Genesis, hyundai motors, new hyundai, oscar night, oscars

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Hyundai has another vehicle up for consideration and it runs on diesel power. Equipped with an automatic gearbox, this new refreshed face of Hyundai, they Hyundai Diesel Verna, will sport a new radiator grille with chrome strip on the top and a new waistline moulding with chrome insert that will accentuate the car’s side profile.

Expect the new style with elegance from the facelifted Hyundai Verna with newly designed full wheel cover and a chrome rear garnish that emphasizes its poise and exteriors. The new body colours have also been added to give more choice to the consumers.

The interiors have also been touched upon and the Indian customers can enjoy the new seat fabric and a 2-DIN integrated CD player. The new Hyundai Verna automatic sports a 4-speed automatic gearbox while the top end variant of the car comes loaded with flashy and enticing features.

No word yet on the price and date of availability.

(Source) Cartrade India

Tags: automatic gearbox, diesel power, hyundai verna, new hyundai

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In a move that is certain to entice car buying, Hyundai has relaxed its car lending policies by allowing people to return their cars if they lose their jobs. The program is only applicable to buyers who purchase their car within a year.

This is a move that will certainly be favorable to car buyers who are caught in possible layoffs. Many potential car buyers who want to buy a brand new vehicle are hesitant these days mainly because of fear that they may not be able to pay off their monthly amortization if they should be laid off.

In a way, you can look at this scenario as similar to car rentals. The only thing is you are getting a brand new Hyundai which can be yours if you can fulfill the monthly obligations for at least a year. Not a bad deal if you are dying to own a brand new car.

Via Reuters

Tags: amortization, brand new car, car buyers, car buying, car rentals, Cars, jobs, new hyundai

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