Hyundai and Kia want to hike average fuel economy by 25%

Article by Andrew Christian, on November 10, 2014

Hyundai Motor and Kia Motors target to hike the average fuel economy of their vehicles by 25 percent by the end of the decade comply with stricter emissions regulations in South Korea, the United States and Europe. In a statement, the South Korean carmakers disclosed future development of next-generation engines and transmissions, as well as plans to cut weight of key models and expand their lineup of green vehicles to achieve the target.

Hyundai said in a statement that group chairman Chung Mong-koo has ordered to secure “world-leading competitiveness in fuel economy” by the end of the decade. The carmaker disclosed they will replace 70 percent of their 10 gasoline and diesel engines with next-generation powerplants and will also expand the use of turbo-charged gasoline engines.

The carmakers will also develop more advanced transmissions. They also plan to expand use of advanced, high-strength steel to make their offerings much lighter. Hyundai and Kia are planning to roll out a compact, hybrid-dedicated vehicle as well as a plug-in hybrid version of the Sonata sedan in 2015.

The disclosure came after Hyundai and Kia agreed pay penalties of around $350 million to the United States government for overstating fuel economy ratings. The South Korean carmakers are also having a hard time fending off foreign brands that are becoming more popular because of the fuel-efficient, diesel-powered offerings.

If you liked the article, share on:

Comments

Login or Create new account to add a comment!

Recommended

Chevrolet Equinox is a mid-sized crossover SUV created by Chevrolet for General Motors. First introduced in 2004, this GM Theta unibody platform crossover SUV came into production the following year...
by - September 30, 2016
Mercedes-Benz Vans, one of the world’s top van makers, has just launched adVANce, which is their strategic transport industry initiative for the future. With this, the division analytically considers its...
by - September 29, 2016
In 2007, when Nissan first introduced the R35 Nissan GT-R at the 2007 Los Angeles Auto Show, the car carried with intense power and a price tag of $78,000. Up...
by - September 29, 2016
Bentley Motors has just released the specs of the new Bentayga Diesel. Obviously, we couldn’t wait to share it here since it’s the first ever diesel model to come out...
by - September 26, 2016
A big chunk of Volvo Cars’ legacy in developing the most durable and capable car is evident in its latest Cross Country collection. Suffice it to say, our planet has...
by - September 21, 2016