Entry level model price reduction of $1,350

All electric driving range increases to 28 miles; EPA total driving range increases by 10 miles to an impressive 600 miles

New instrument panel center stack, steering wheel and infotainment features

New available safety features include Automatic Emergency Braking and Lane Keep Assist

FOUNTAIN VALLEY, Calif., July 19, 2018 -- The refreshed 2018 Hyundai Sonata Plug-In Hybrid (PHEV) adopts the same distinctive design of the recently released Sonata gasoline and Hybrid models while delivering 28 miles of all-electric range, feature enhancements and a lower starting price. The starting price for the 2018 Sonata Hybrid Plug-In is $33,250, a $1,350 reduction from the 2017 model, furthering the value-added benefits of Hyundai eco-friendly vehicles. The price of Sonata Plug-in Hybrid Limited model increases by $250, but now comes with all these new features:

WOBURN, Mass., July 17, 2018 - Terrafugia, Inc. announced new features in the Transition® production vehicle, a two-seat auto and aircraft, including updates to the interior, safety systems, motor, and flight instrumentation. The latest features and systems will be incorporated and verified in the next test vehicles. The first production vehicles will come to market in 2019.

"Developing this new technology has allowed us to test several different mechanisms and generate process improvements along the way," said Terrafugia CEO Chris Jaran. "We are at the critical point where we can implement the best design features based on years of flight and drive testing. This will improve function, safety and aesthetics for the optimal flying and driving experience."

Each individual component is engineered with safety and quality as the objective behind each design decision. The Transition® improvements will include:

More Robust Information on the Hyundai Brand and Vehicles is Available on Amazon.com

Ability for Customers to Quickly Find a Hyundai Dealer in their Area and Enjoy Easy Access to all Hyundai Shopper Assurance Conveniences

Fountain Valley, Calif., July 18, 2018 - Hyundai continues to deliver on its commitment to exceptional customer service with a new digital showroom on Amazon.com that offers car buyers the ability to compare pricing and reviews, book test drives, check dealer inventories and other Shopper Assurance conveniences directly through Amazon Vehicles. The new digital showroom can be found at Amazon.com/Hyundai.

"The car industry is changing, and customer demands and expectations around a frictionless, efficient and transparent experience are key drivers," said Dean Evans, CMO, Hyundai Motor America. "Hyundai Shopper Assurance was just the first step in modernizing the way people shop for and buy cars. We are excited to continue improving the automotive retail experience by offering tools and access that make shopping for a car even easier."

"This collaboration with Amazon provides customers with the ability to learn about Hyundai vehicles in a way that matches their expectations for nearly every other type of purchase," said Tim Maxwell, senior group manager, digital marketing, Hyundai Motor America. "Hyundai and its dealers are modernizing the car buying process, so it made sense for us to be the first car company with its own digital showroom."

The latest automotive industry research shows that 12% of consumers still have a dead or unusable vehicle battery at home and not in the closed recycling loop. In an effort to bring those remaining vehicle batteries that sit in forgotten corners of garages or in inoperative vehicles back into the recycling loop, the Responsible Battery Coalition has launched the 2 Million Battery Challenge.

Recycling your used vehicle battery is quick and easy. Just drop it off at a local retailer. To find a location near you, visit https://www.responsiblebatterycoalition.org/

On the week, the national gas price average is two cents cheaper at $2.90. Today’s national average is only one cent more expensive than a month ago, but 60 cents more expensive than a year ago.

Nationwide, 44 states have less expensive or steady gas price averages compared to last Monday. However, the cheaper trend may be reversing. Gasoline demand spiked in the latest Energy Information Administration’s (EIA) report, in fact setting a new all-time record at 9.88 million b/d for the week ending June 8. As demand skyrockets, U.S. gasoline inventories plummeted 2.27 million bbl, to land total inventories at 237 million bbl, which is 5.7 million below stocks last year at this time.

“If demand continues to strengthen and inventories decrease in the weeks ahead, motorists can expect gas prices do a reversal and start to increase again,” said Jeanette Casselano, AAA gas price expert. “AAA expects the national gas price average to range between $2.85 and $3.05 through Labor Day, likely seeing the summer’s highest prices in June.”

Moving into this week, another factor that will influence gas prices in the near and long-term will be outcomes from the June 22 OPEC meeting in Vienna, Austria. The cartel, along with other major producers including Russia, will discuss increasing oil production ahead of the year-end scheduled dissolution of its production reduction agreement. Some reports indicate that OPEC could be looking at an increase of 300,000 to 600,000 b/d to help ease global crude price gains that have grown since the cartel put its production reduction agreement into place at the beginning of 2017. An increase in production would likely decrease crude oil prices and encourage cheaper gas prices.

Quick Stats

The nation’s top 10 most expensive markets are: Hawaii ($3.73), California ($3.71), Washington ($3.45), Alaska ($3.43), Oregon ($3.32), Nevada ($3.31), Utah ($3.19), Idaho ($3.19), Connecticut ($3.11) and Arizona ($3.07).
The nation’s top 10 largest weekly changes are: Ohio (-10 cents), Florida (-5 cents), Delaware (-5 cents), Indiana (+5 cents), Virginia (-5 cents), Utah (+4 cents), Maryland (-4 cents), Iowa (-4 cents), Kansas (-4 cents) and Illinois (-4 cents).