While the National Highway Traffic Safety Administration doesn't plan to release its final rules and regulations for the Car Allowance Rebate System (CARS), otherwise known as Cash-for-Clunkers program, until July 23rd, Hyundai has decided that its customers don't have to wait. Alexandria Hyundai in Alexandria, VA has already accepted the first trade-in and doled out its first rebate. The clunker is a 15-mpg 1995 Ford Explorer, and Katherine Michon of Arlington, VA traded it in for a $4,500 credit on a brand new 26-mpg Hyundai Elantra Touring.

How can Hyundai get away with accepting clunkers early? The automaker is giving dealers short-term cash advances to cover the cost of its rebates until the CARS program officially kicks off later this month. Hyundai has 13 models with particular engine combinations that qualify for CARS, and the NHTSA has already confirmed that transactions on or after July 1, 2009 are eligible.

This could be a brilliant move on Hyundai's part, since its own internal research shows that 11 percent of car shoppers have delayed their purchase to take advantage of the rebates. If Hyundai is the only game in town that's accepting trade-ins and giving rebates early, it could steal a few sales away from other brands that are waiting patiently for the program to officially begin.

On the other hand, the NHTSA warns on the CARS official website that "interested dealers and consumers may want to wait until all of the detailed issues that must be addressed in the implementing regulations are resolved and the final rule is issued." By that time, however, you'll be driving around in a new car and getting reimbursed for the rebate will by Hyundai's problem.



[Source: Hyundai]

We can only imagine how exciting a day it would be to bring home a brand spanking new Chevrolet Corvette Z06. Genesis Owners forum member zedbuyers was feeling that love as he and his wife left a Massachusetts Chevy dealer with a spanking new Cyber Gray Metallic Z06. Zedbuyers was driving from the dealer in the rain with his wife following behind in the couples' nine-month-old Genesis Sedan when disaster struck.

As traffic slowed from 60 mph to 30 mph in the exit lane, zedbuyers applied the brakes, but his wife evidently didn't. The Genesis slammed into the hours-old Z06, thrusting the $80,000 supercar into the vehicle in front of it. Oddly, the Genesis took the brunt of the blow, and a local Hyundai dealer estimated the damage at $16,000, including nearly $2,000 for the HID headlamps alone. The Z06 damage was $10,000, including $2,000 for a carbon fiber bumper.

Luckily, nobody was seriously injured in the accident, but we're sure the owner is smarting none the less. We're guessing the insurance company is not going to react kindly to a combined $26,000 in damages only hours after the purchase of what is likely a very expensive vehicle to insure in the first place. Peruse the gallery below to check out the carnage, and click on the link below for zedbuyers' damage estimates.



[Source: Genesis Owners via Jalopnik]

Well, imagine that. People like cheap gas. Enough, in fact, that they're willing to line up in droves just for the privilege of filling up their tanks. As if you needed further proof of this unfailing truth, here are the pictures to prove it. As part of its new Hyundai Assurance Gas Lock promotion, the Korean automaker ran an unannounced campaign in New York, Chicago and Los Angeles where consumers could purchase gas for just $1.49 per gallon.

The catch? There was just one location in each cities where the program was in effect and the location was kept secret until an hour before the promotion began. In a nod to modern social media users, Hyundai sent the information to its Twitter followers (@hyundainews) just before local radio stations announced the promotion city-wide about an hour before it started. Predictably, a mad rush to each location ensued. Nice little PR stunt, no?

Click past the break for the press release and check out the images of the madness shot on location at the Horace Harding BP gas station in New York. Similar scenes were reported in Chicago and LA.

Hyundai is piling on additional incentives to boost its Assurance program as the industry heads into the dog days of summer. The newest promotion, Gas Lock, fixes the price of regular unleaded at $1.49 per gallon for the next year. The program runs July 1 through August 31, and eligible vehicles include the Accent, Sonata, Tiburon, Elantra, Elantra Touring, Entourage, Azera, Santa Fe, Tucson and Veracruz. Customers choosing to utilize Gas Lock will forgo $1,000 in available rebates, making the incentive a gamble that gas prices will remain high.

Hyundai Assurance struck at cord with the American public when it offered payment protection in the event of job loss. Now Hyundai is looking to give consumers increased peace of mind over of the volatility of gas prices, which have swung from under $2 a gallon a few months ago to nearly $3 at the beginning of summer.

John Krafcik, CEO and president of Hyundai Motor America, says the company's research shows that "nearly 40% of potential new car buyers are staying out of the market specifically due to uncertainty around future gas prices."

You may remember that last year, Chrysler tried a similar promotion, offering the opportunity to lock in gas at $2.99 per gallon when a gallon of petrol was at an all-time high of about $4.50. The move didn't appear to be very successful for the Pentastar, as most opted to instead take the upfront cash on the hood. Hit the jump to pour over the particulars of Hyundai's Gas Lock promotion, watch the two commercials, and let us know in the comments section if you feel customers would be better off taking the $1,000 or one year of $1.49 gasoline.

[Source: Hyundai | Image: Justin Sullivan/Getty]

According to an anonymous source at Hyundai, buyers in the U.S. will get their first crack at the Hyundai Equus sedan beginning next July, with a cost of entry somewhere south of $60,000.

The Genesis-based sedan, which stretches a little over seven inches longer than Hyundai's first attempt at entry-level luxury, is available in Korea with either the Genesis' 3.8-liter V6 or 4.6-liter V8. However, Stateside buyers will only be able to purchase the bent-eight model when sales begin next summer.

Hyundai's primary aim with the Equus is to compete with the similarly priced Lexus LS460 ($64,700), while offering more luxury amenities including reclining rear seats, massagers and LCD displays. According to Rick Case, the owner of six Hyundai dealerships in North America, "It won't be a volume model for us. It will be a halo car for the brand." If you want to scope out the Korean-market Equus before sales begin next year, 100 sedans are currently available for evaluation at dealerships across the country.



[Source: Autoweek]

The dynamic duo of Chris and Sam carry off Episode #133 of the Autoblog Podcast without a hitch. Though down a man, the pair didn't cheap out on topics or duration, it's the same podcast goodness. It kicks off with Hyundai's impressive showing in the recently released Initial Quality Survey results. From there, they hit Chrysler's RWD/FWD dilemma with its Sebring/Avenger replacement, the rumor that Mustangs could have had IRS for $100 per car, and reports of an Ecotec engine for the Buick LaCrosse. Keeping it on the Buick tip, spyshots of a Tri-Shield variant of the new 2010 Astra get mentioned. The nullification of all pre-bankruptcy liability claims against GM and Chrysler is next before talk settles briefly on Hyundai's 2010-on lineup and then turns to your questions. It almost seems like the Chris and Sam show is a juggernaut without that other guy. Thanks for listening, and please, keep your questions and comments rolling in to Podcast at Autoblog dot com.

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Hyundai's relentless pursuit of market share continues unabated, and according to Autoweek.nl, the Korean automaker plans to bring four new models to market between now and 2011 to solidify its stronghold.

In addition to the Veloster-like Tiburon replacement rumored to debut at the Frankfurt Motor Show this September, a production version of the ix-onic crossover, originally shown in concept form at the Geneva Motor Show, is expected to debut sometime next year packing the same turbocharged 1.6-liter inline four as Hyundai's Tiburon successor and carrying an ix35 badge on the hatch.

Hyundai also plans to expand the i20 and i30 range in late 2010 by adding two MPV versions, one measuring 161 inches long and approximately 63 inches high, and another, slightly larger people mover with seating for seven. The following year, Hyundai will reportedly launch an all-new i40 (Sonata on these shores) to better compete with the Volkswagen Passat and Opel Insignia abroad. Taking inspiration from the Genus concept, both sedan and wagon versions will be available along with a range of four- and six-cylinder engines. Expect the new Tibbie to arrive in the U.S. late next year, followed by the Sonata replacement in 2012, and don't be surprised to see at least one new CUV from Hyundai within the next two years.



[Source: Autoweek.nl via WCF]

Hyundai's Montgomery, AL factory added production of four-cylinder engines last year, but recently the engine line has been getting some upgrades. Evidently, Hyundai is getting ready to add direct injection to its 2.4-liter four-cylinder engine. Like other DI engines, the revised version gets increased power along with lower fuel consumption. The DI four cylinder will debut in the refreshed 2010 Santa Fe this fall. Next year, when the completely redesigned Sonata goes into production, it will also get the DI engine.

Power from the DI four cylinder gets bumped from 176 to 200 hp, and it will likely get around 5-10% better gas mileage. The all-new Sonata will be unveiled at the LA Auto Show in November. Next year a hybrid model will join the lineup, as well.

[Source: Montgomery Advertiser]

A facelifted version of Hyundai's popular Santa Fe crossover has just been unwrapped in its home market, along with a pair of new diesel engines.

As this first image shows, the model's exterior update is a mild one, with a modestly tweaked grille, lower fascia, new fog lamps and side mirrors being the most noticeable changes. While there are likely a few tweaks around back and inside, we won't know for sure until we can source additional images and information.

Regardless, as we hear it, the Korean Domestic Market cute-ute will offer a choice of four-cylinder diesel powerplants - a 2.0-liter mill giving 137 kW and 392 Nm of torque (184 hp and 289 lb-ft), while a bigger 2.2-liter powerplant is said to provide 149 kW and 436 Nm of twist (200 hp and 322 lb-ft).

We asked our sources at Hyundai if we could expect to see these changes, and while they stopped short of confirming this exact facelift, AB's mole did allow that a "freshened" model is indeed expected in dealers early next year. Better yet, that model will include new powertrain options – but sadly, no diesel.

[Source: Autoblog Spanish]

Driving a small car in the urban environs they're so well suited for can add up in big repair bills, says the Insurance Institute for Highway Safety. Low speed incidents in parking lots and on tight city streets are everyday occurrences that seemingly shouldn't cost a lot to set right, but they apparently wind up costing consumers many thousands of dollars each year. The smallest cars on the market also have tiny price tags, making the price of repairs a much larger percentage of what the vehicle cost in the first place. The IIHS recently evaluated the bumpers of some of the tiniest vehicles on the market in low-speed incidents, and the results dovetail with the agency's equally low impressions of vehicle-to-vehicle impact performance of small-segment vehicles. A new damage assessment criteria was used to more closely mirror reality, and the cars underwent four tests: two corner impacts and two full width impacts on the bumpers.

Of the seven cars tested, only the Smart ForTwo earned an "acceptable" rating, with most of the pack scoring "poor." Worst was the Kia Rio's startling $9,380 total damage tally, by far the most expensive showing in the test. The Honda Fit and Mini Cooper may be more highly regarded in the small car segment, but both of those models also score poorly.

In diametric opposition to what anyone might actually enjoy driving, the Smart ForTwo and the Chevrolet Aveo came out best in terms of repair costs, bashing their way to $3,281 and $4,490 in total damage, respectively. It's clear from the IIHS' testing where bumpers often failed to engage or slid under the test barrier, that the way improve on the tests is to pay closer attention to bumper position in all circumstances when designing a car. If the bumper doesn't match up properly, bodywork ends up bearing the brunt of the impact, making even low-speed collisions expensive propositions. Hit the jump to see a video and a chart of the results along with the full release.

[Source: Insurance Institute for Highway Safety]