Hyundai Lands Five Vehicles on 2023 Best Value New Cars by Cars.com

Rhea-AI Summary

Hyundai has secured five positions in the 2023 Best Value New Cars report by Cars.com, highlighting its commitment to affordability. The recognized models include:

• 2023 Hyundai Kona SE
• 2023 Hyundai Elantra SE
• 2023 Hyundai Santa Cruz SE
• 2023 Hyundai Kona EV SE
• 2022 Hyundai Tucson PHEV SEL

Over 70 vehicles were assessed, focusing on affordability and features to meet the needs of budget-conscious consumers.

Positive

• Hyundai's five vehicles recognized as best value supports brand image and may lead to increased sales.
• Recognition in the report can enhance customer trust and brand loyalty.

Negative

• None.

CHICAGO, Jan. 23, 2023 /PRNewswire/ -- Hyundai has earned five spots on the 2023 Best Value New Cars report by Cars.com. The Hyundai products awarded include

• 2023 Hyundai Kona SE
• 2023 Hyundai Elantra SE
• 2023 Hyundai Santa Cruz SE
• 2023 Hyundai Kona EV SE
• 2022 Hyundai Tucson PHEV SEL

More than 70 vehicles were evaluated for the Cars.com's 2023 Best Value New Cars report which identifies the most affordable new-car models in four categories — small SUVs, EVs and PHEVs, small pickup trucks, and cars — that offer the best value for the price based on features and each category's median price using Cars.com's inventory.

"As consumers seek out their dream vehicle, quality, safety, connectivity and attainability, continue to top their vehicle purchasing criteria," said Ricky Lao, director, product planning, Hyundai Motor North America. "Hyundai is proud to have five vehicles recognized in the 2023 Best Value New Cars report."

"Consumers are likely to watch their spending in 2023. Budget-conscious shoppers who want the most bang for their buck will find a range of options from Hyundai on Cars.com's 2023 Best Value New Cars report. With styles ranging from a small SUV like the 2023 Hyundai Kona SE to a pickup truck like the 2023 Hyundai Santa Cruz SE, there are affordable options to meet various needs and lifestyles," says Jane Ulitskaya, Cars.com Editor.

ABOUT CARS.COM
CARS is the leading automotive marketplace platform that provides a robust set of digital solutions that connect car shoppers with sellers. Launched in 1998 with the flagship marketplace Cars.com and headquartered in Chicago, the Company empowers shoppers with the data, resources and digital tools needed to make informed buying decisions and seamlessly connect with automotive retailers. In a rapidly changing market, CARS enables dealerships and OEMs with innovative technical solutions and data-driven intelligence to better reach and influence ready-to-buy shoppers, increase inventory turn and gain market share. For more information, visit www.Cars.com.

Hyundai Motor America
Hyundai Motor America focuses on 'Progress for Humanity' and smart mobility solutions. Hyundai offers U.S. consumers a technology-rich lineup of cars, SUVs, and electrified vehicles. Our 830 dealers sold more than 724,000 vehicles in the U.S. in 2022, and nearly half were built at Hyundai Motor Manufacturing Alabama. For more information, visit www.HyundaiNews.com.

Hyundai Motor America on Twitter | YouTube | Facebook | Instagram | LinkedIn | TikTok

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SOURCE Hyundai Motor America

FAQ

Which Hyundai vehicles made it to the 2023 Best Value New Cars report?

The 2023 Hyundai Kona SE, Elantra SE, Santa Cruz SE, Kona EV SE, and 2022 Tucson PHEV SEL were recognized.

What criteria were used for the Cars.com 2023 Best Value New Cars report?

The report evaluated over 70 vehicles based on affordability, features, and median price.

How does the 2023 Best Value New Cars report affect Hyundai's stock symbol HYMTF?

Recognition in this report may positively influence consumer interest, potentially impacting HYMTF's market performance.

When was the Hyundai press release regarding the 2023 Best Value New Cars report issued?

The press release was issued on January 23, 2023.