Hyundai is nearing the goal of having a Corporate Average Fuel Economy (CAFE) level of 35 mph that the company set in 2008.
Hyundai Motor America now reports monthly sales-weighted CAFE results for the Hyundai brand. For the month of Jan. 2011, Hyundai said its sales-weighted CAFE level was 34.7 miles per gallon with a model year mix of 86 percent 2011 vehicles and 14 percent 2010 vehicles.
The automaker said this is a significant improvement over its most recent official CAFE level for the 2009 model year, which was 31.7 mpg. Its current mpg rating, as of Jan. 2011, for cars was 36.4, for its trucks 29.8.
The company also said it began selling vehicles with a 40 mpg EPA fuel economy highway rating in November 2010, specifically the 2011 Elantra sedan and 2011 Sonata Hybrid.
“With 2025 CAFE targets being discussed in the 47-to-62 mpg range, Hyundai’s fuel economy and sales achievements across a wide range of vehicle segments may provide some confidence to policy-makers that this industry can achieve remarkable fuel efficiency gains without compromising vehicle sales, appeal, value, or customer satisfaction,” said John Krafcik, Hyundai Motor America’s president and CEO.
[via Automotive Fleet]
Photo courtesy of Paul Schadler and re-used under the Creative Commons license.