Thursday, October 10, 2013

Hyundai Deferred Payment For Furloughed Employees
Hyundai Motor America has announced the latest addition to its Assurance program with the launch of a new payment deferral program aimed at helping federal employees furloughed during the government shutdown.
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 Hyundai Motor says it will postpone payments due from US federal employees affected by the partial government shutdown. They added affected employees who at this time own their vehicles would be given a payment relief "for as long as they are out of work." Supporting customers, Hyundai had offered a similar scheme, the Hyundai Assurance program, during the peak of the global financial crisis four years ago to aid consumers who had lost their jobs. Under this latest offer, Hyundai will expand all auto loan and lease payments during the shutdown for current Hyundai owners who are put on unpaid leave. The program is available for all customers who have financed their vehicle or lease through Hyundai Finance America. Hyundai says that any furloughed federal workers facing a payment on their Hyundai can wait until they're back to work. And any furloughed government worker who buys or leases a new Hyundai this month won't have to deal with any payments until January. Obviously, this will only be an option if you've financed your vehicle through Hyundai Finance America. Hyundai is only deferring the payments, not canceling them, so once the government reopens for business, the workers will need to make the payments they’ve missed.
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Hyundai gained a lot of good publicity four years ago when it presented US customers who lost their jobs the chance to return their new cars for a refund. The automaker says the program for government workers helps them at a time they need it most. Current owners in the Hyundai family will be provided relief from payments, for as long as they are out of work. The program is available to any government employee who has financed his or her vehicle through Hyundai Finance America.
We recognize the impact on family budgets that the furlough will drive, said John Krafcik, president and CEO of Hyundai Motor America in an official statement. Like we did almost four years ago when we launched Hyundai Assurance, this is our way of saying We've got your back during this uncertain time.
Future Pickup Trucks
The point of the modern truck is to cover as many performance bases as it can. Considering the estimates of gas mileage, greenhouse-gas emissions, safety ratings, and air pollution rankings for cars and trucks, the trucks should become smaller and more efficient. Trucks of all brands have a tendency to lean towards the same direction ultimately. For years, America's best-selling trucks were prohibited to include the conventional technological advances in most areas of their design as American manufacturers’ preferred simple enhancements that radically hiked up their revenue. As a result, all trims now have a larger, more imposing front end, modeled after Ford's Super Duty Trucks, and a taller, chunkier appearance throughout. Truck must be something rugged and reliable enough to handle the toughest jobs with no hesitation; everyone believes. Ford Motor Company's upcoming product focus is on an enhanced fuel economy by making its vehicles smaller and engines lighter without sacrificing performance, safety or comfort. According to news sources our long national resin shortage might soon be over. This in turn will create an opportunity for truck manufacturers to experiment using the resin among other materials in designing certain parts.
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The Ford F-Series has had a great success in the market. And once again, Ford impressed the truck market with introduction of Ford Raptor which the truck buyers love. Now, Ford Motor Company is planning to implant aluminum in the body of the latest-generation of its most popular trucks.  Mike Ramsey reports that the next-generation Ford F-Series will make extensive use of weight-saving materials like aluminum to lower weight and meet alarming fuel economy standards in the Wall Street Journal blog. Ford has also crammed as many intelligent modern features into the new Ford F-Series, the most successful American truck. Anyway, Ford is a leader, and everyone will be watching to see what types of enhancements Ford will include in the future designs.
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Even though the vast majority of new trucks have four doors, don't expect regular cabs to go away. The testing of General Motors' next-generation heavy-duty trucks is getting closer to completion. GM is geared up to profit from a set of brand new trucks with a fresh storage bed option.
Another way to meet the challenges of designing improved fuel-economy trucks is designing trucks with diesel engines. Nonetheless, trucks are driven differently in the city in compare to the farms and outdoors. There are lots of stops and go’s in the city which is not favorable for diesel engines. However, Ford is a competitor and wants to dominate the truck market even if it means that they have to invest hugely in the research and development in the diesel program. So, we should be expecting modern lighter trucks with new and improved diesel engines in the coming years.