MIAMI – (July 27,
2011) – The federal government proposed a new plan for a corporate average
fuel economy standard (CAFE) for the years 2017 through 2025. Under the plan,
the government is recommending a CAFE standard of 54.5 miles per gallon by 2025
for vehicles. In a poll conducted by LeaseTrader.com, the most recognized name
in car leasing, 63.6 percent of respondents believe Hyundai is best positioned
to meet these standards even before the proposed date.
LeaseTrader.com conducted an online poll during the week of
July 18 – 22, and received responses from 1,138 drivers across the country.
Highlights from the poll:
--72.4% overall say they are in favor of higher fuel
standards
--Percentage drops to just 34.5% approval if it means
vehicle prices will rise more than $2,000
--69.8% feel automakers already have the technology to
significantly improve the fuel standard technology
--63.6% believe Hyundai could meet these fuel standards
before the government deadline
--47.2% believe the domestic carmakers can be profitable
under these fuel standards
Demand for Hyundai vehicle leases is at the highest it’s
ever been at any point in the history of LeaseTrader.com. Hyundai vehicle
leases represented 8.3 percent of total searches in the LeaseTrader.com online
marketplace during the month of June (compared with 6.9% in June of 2010).
Customers polled feel Kia (57.2%) is next best-positioned carmaker to meet new
fuel standards before proposed date, followed by Honda (55.6%). Ford was the
top domestic automaker in this category getting 47.3 percent of customers
polled.
“A lot of Hyundai’s success has more to do with the way it
builds cars than anything Mother Nature has done recently to the automotive
industry,” said Sergio Stiberman, CEO and Founder of LeaseTrader.com. “Our
demand for Hyundai leases has risen considerably over the years and we only see
that demand going higher in the future.”
About LeaseTrader.com
LeaseTrader.com, the most recognized name in car leasing,
easily and affordably matches car shoppers with individuals looking to escape
their auto lease. Visit www.LeaseTrader.com,
on Twitter @Lease_Trader, or call
800-770-0207.
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