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2007 Hyundai Elantra
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Comments
You love the styling of the Spectra. I think it's good looking but I prefer the looks of the Elantra. I don't think it's girlish and fem looking. I happen to like sleek lines on cars vs. the "chunky" look that seems to be popular with many people these days.
If you love the Spectra so much, why not talk about it on the Spectra discussions rather than a discussion focused on the 2007 Elantra?
own idea of what is or is not good looking.
And yes, many Corvette styles are definitely girly cars too. Ask some women.
Here's one link that I hope is helpful: Kia Spectra/Spectra5. If I can provide any other links, I am more than happy to do so, just ask!
It's only a matter of time before $2000 rebates are back. Either that or it becomes a rental car fleet champ likes its brother the Sonata.
And last years figures were probably low for Elantra to begin with since Sonata was the darling then and took buyers away from Elantra, which was slated to be replaced really soon by the new Elantra.
So, two really good reasons for low Elantra sales this time last year. But this year? This should be the year for Elantra sales to shine.
Guess the girly styling really is hurting sales. Or maybe it is the US economy in general causing the decline in sales? Inflation is WAY higher than what we are told. Consumers are finding out they can't spend what they don't have or can't easily borrow. Home equity lines have dried up and adjustable rates are going up too. Uh-oh!
Yep, rebates coming soon, and then bigger ones will follow.
Hyundai just added a $500 rebate on the Elantra to encourage slow sales. It isn't long before $2K+ rebates.
And just to point, Honda and Toyota have increased rebates/discounts/special lease rates/fleet on many of its models.
What does all this mean for the long term stability of Hyundai Motors?
Should we as consumers pay the cost of this mis-management?
Regardless, I still believe the price-to-feature ratio on Hyundai products are amazing to speak of. I was impressed with the Elantra as well, by the way.
What was your impression of other cars you've tested, in comparison with the Elantra? I felt there are no wrongs in selecting any of them you have listed there. I would say it comes down to the one that would fit best your preferences and taste.
And as for the long term stability, I don't believe there are anything to worry, they are here to stay. I have been surprised (in a good way) how fast Hyundai has improved on its brand., and the results show, from the portfolio of vehicles, awards and being the #6 automaker worldwide. Kudos!!
Why not focus on which car you like best and what it costs you to buy it and own it, rather than agonizing over things like whether one of the largest--and fastest growing--automobile companies in the world will survive until you are ready to sell your car?
Am I missing something here? Watch them take #5 worldwide automaker in the next year or two. Who's currently #5, DCX?
2021 Kia Soul LX 6-speed stick
My curiosity in the Elantra started due to the great success of Hyundai. And also, as I see it, the lack of any of the big three US auto makers to recognize the need for fuel efficient vehicles. It does look like Ford is in rough shape, and currently they offer a $2500 rebate on the Focus. Looking at several reviews, including Consumer reports, they all seem to recommend the Focus. Even though the reviews don't seem as positive as those on the Elantra, intersting.
car makers by 2006 global production
1. GM
2. Toyota
3. Ford
4. VW
5. DaimlerChrysler (Honda is either #5 or 6)
6. Honda
7. Nissan
8. Hyundai
1 General Motors 8,381,805
2 Toyota Motor Corp. 8,120,000
3 Ford Motor Co. 6,208,700
4 Volkswagen AG 5,242,793
5 DaimlerChrysler AG 4,854,700
6 Hyundai-Kia Group 3,715,095
7 Nissan Motor Co. 3,597,748
8 PSA/Peugeot-Citroen SA 3,390,000
9 Honda Motor Co. 3,365,000
10 Renault SA 2,533,428
For example.
GM 9.18 millions
toyota 9.02 million
Honda 3.6
Nissan 3.3
Hyundai 2.5
I hope Hyundai/Kia will maintain its 6th position (largest automaker) in the world, behind GM, Toyota, Ford, VW, and DCX. Hyundai and Kia are combined since Hyundai owns Kia.
Feb. 5 (Bloomberg) -- Chung Mong Koo, the chairman of Hyundai Motor Co. and South Korea's wealthiest man, was found guilty of embezzlement and breach of trust.
Chung, worth more than $2.2 billion, is guilty of embezzling company funds and breach of fiduciary duty, the Seoul Central District Court said. Chung, 68, said during his trial he was aware funds were diverted. He denied knowledge of how they were used.
The case disrupted Hyundai Motor and affiliate Kia Motors Corp. The companies said they delayed construction of factories in the Czech Republic and the U.S. because Chung's travel was restricted during the trial. The won's 8.6 percent rise against the dollar last year and strikes in Korea help reduce the carmakers earnings and caused their shares to plunge.
Hyundai Motor's profit slumped 34 percent last year to 1.53 trillion won as a stronger won against the dollar eroded profits from exports and it sold fewer vehicles, including Sonata sedans. Profit at Kia Motors plunged 94 percent to 39.3 billion won. Over the last 12 months, Hyundai Motor shares have declined 19 percent and Kia shares have dropped 47 percent. In contrast, the benchmark Kospi index has risen 2.8 percent.
Kia Motors and Hyundai Motor suffered $2.4 billion in lost production last year because of strikes. The delay of factories in the Czech Republic and the U.S. state of Georgia derailed Chung's plan to transform the two companies into the world's fifth-largest carmaking group by 2010.
Chung's Testimony
During his trial, Chung testified that he knew funds were being diverted without proper accounting.
``I feel an overall responsibility for the creation and the use of the fund,'' Chung said on June 15 in his second court hearing. ``When I was told that the funds needed to be created, I told our employees to take care of it. However, upon deep reflection, all this is my responsibility as the chief executive.''
Hyundai Motor officials have testified that the funds were used where they couldn't get official receipts. In Korea, senior managers of a company sometimes give cash to employees for a wedding or funeral without asking for a receipt, Hyundai Motor officials testified. Prosecutors said the money was set aside for illegal use, without specifying the alleged purpose.
Korea's Economy
Hyundai and Kia made up 72 percent of South Korea's 2.65 million vehicle exports last year, according to the Korea Automobile Manufacturers Association. Automobiles account for about 10 percent of exports from Asia's third- largest economy. The combined sales of the two companies are equal to about 6.1 percent of South Korea's $788 billion economy.
Chung lives in Hannam-dong, a hillside residential area in Seoul. The area is also home to Lee Kun Hee, the chairman of Samsung Group, the official residence of South Korea's foreign minister and the embassies of Spain, Mexico and India. Private security guards restrict access to his neighborhood.
If sentenced to prison, he may serve his term in a 6.6 square meter solitary room, according to the Korean Institute of Criminal Justice Policy.
Last month, seven people were found guilty of taking bribes from Hyundai Motor Group to help one of the company's units write off debt and an eighth person was convicted of giving bribes on behalf of the carmaker. The court suspended the sentences while the verdicts are appealed. Former South Korean finance ministry official Byeon Yang Ho was acquitted of receiving bribes from Hyundai.
Chung and his son Chung Eui Sun, co-chief executive of Kia Motors, in April said they would donate 1 trillion won including their 60 percent stake in car-shipping unit Glovis Co. to charity. The donation hasn't been made yet.
Update:
A South Korean court has sentenced the head of the Hyundai Motor Group to three years in jail, sweeping aside widely-held expectations of a suspended sentence.
The ruling, which should rekindle concerns over a management vacuum at the world's No.6 auto maker, is another blow for a company contending with a rising won and restive labour unions.
Officials at Hyundai Motor declined to comment, while share market analysts anticipated hefty consequences from the ruling.
"This could have a big impact on Hyundai Motor," said Kim Hyun-tae, fund manager at Landmark Investment Management.
"The impact on the Korean economy could be huge. There will likely be an appeal, so this process could take longer."
Nope, Hyundai owns Kia and has since around late 1998. Here's a link to an old article about that.
Hyundai buys Kia
Cheers...
Peace! :shades:
Consider that no other cars in the Elantra's class (moderately-priced compacts) offer ESC standard, and few offer it as an option. So Hyundai could stand out in the crowd by adding it to the options list.
off? Should that be 1500.00 off?
Now how did you come up with $1,500? A general rebate of $1,000 a loyalty rebate of $500 and a $500 rebate coupon from the car show adds up to $2,000.
Math classes start at 5 PM. :P
2011 Hyundai Sonata, 2014 BMW 428i convertible, 2015 Honda CTX700D
I really like the new Elantra, and I look forward to the liftback model when it makes it debut in the U.S..I just hope Hyundai wakes up to the fact that if it does get to feature ESC (with traction control) with both sedan and liftback it WILL set itself apart from the rest of the pack, as U said.
Cheers...
Peace! :shades:
Looking at their International site, they feature the TCS/ESP with an animation sequence. Is is a cost issue (getting near Sonata pricing) or something else?
For those with the wisecracks about math... if you want to buy your Elantras at full MSRP less rebates, go right ahead.
Also consider no other cars in the Elantra's class have both TCS and ESC/ESP standard, and almost none offer ESC as a readily-available option. You can get it fairly easily as on option on the Rabbit and Jetta, although those cars in 4-door form will cost quite a bit more than the Elantra. VSC is available on the Corolla, at least in theory, but when I've gone to toyota.com to spec one with VSC, only the top-trim, fully-loaded LE model was available with VSC. And you have to get one of the upper-trim Mazda3's to get ESC on that. ESC isn't even available on the Civic, Sentra, Focus, or Cobalt. I think it may be available on the Caliber.
What other cars are you looking at that have TSC and ESC readily available?
Edmunds "cons" for the Mazda 3 S say it has "tight rear legroom" with 36.3 in. rear-legroom spec., but under "pros" for the Hyundai Elantra SE they say that the Elantra, with only 35 in. rear-legroom spec, has an "adult-friendly backseat"
Furthermore, the Honda Civic LX is listed with only 34.6 rear-legroom, less than either other car, but Edmunds doesn’t fault it for "tight rear legroom"...
Are the interior specs wrong? How is this rated? Who measures this stuff? How should all this conflicting data be interpreted?
the 199 sonata lease is a national hyundai special, and it is with $999 due at signing.
my only quess is that edmunds is looking at hip, shoulder, and head room in addition to the rear leg room for the elantra.
I would purchase the Tucson but for the fuel economy. I want to average over 30 Mpg.
Backy, I guess I am just venting as I feel that the Elantra is a perfect fit and I would get one if it had the TCS/ESP. I can keep my Impala unitl next year and absorb some more depreciation in the hopes that the Elantra will be offered with TCS/ESP in 2008. The Sonata is larger than I need and I do not care for the dash materials and layout. I am concerned that 'external' events may cause gas prices to go up and I want to have a fuel efficient vehicle while keeping comfort features. If the 2008 Elantra has the 'world' engine and TCS/ESP along with 40mpg, I will be a genius for waiting.
What about passive safety also (crash safety)?. I don't think there is a car today that costs under $20k that meets your requirements, if you include crash safety. The Rabbit/Jetta come closest (ESC available, very good crash test scores) but you won't average 30 mpg in those unless you wait for the diesel version. The Corolla can be had with VSC but it's rare, and the IIHS side impact crash score with optional side bags is mediocre. The Sonata has only a mediocre score on the IIHS side impact crash test also, and I doubt you will average 30 mpg in that either unless you get an I4 and run it on the open road all the time. The Tucson does not have very good crash safety either. Other mid-sized cars like the Accord and Camry are pricey with ESC, e.g. the Accord comes with ESC only in V6 trim. One car that would meet all your requirements is the Camry Hybrid, but that starts around $25k. The Sonata is reported to be getting a new dash for 2008, and I wouldn't be surprised if Hyundai addressed its side crash test scores. Another option to look at if you haven't already is the Optima--it has ESC available, but the IIHS side impact crash test score hasn't been reported yet (same as for the Elantra). But the Optima's fuel economy won't be much different than the Sonata's (maybe a little better with the 5-speed automatic on the I4).
Life is full of compromises!
It sounds like you don't have to buy a car right now. If did, you could buy a used car that holds its value well, maybe a Civic or Accord, and then sell it in a year or two when your "perfect" car appears. With ESC becoming more common on cars, you should have more choices in a year or two--and maybe the Elantra!