Seoul, South Korea – Hyundai Motor Company believes it will be able to meet the proposed U.S. Corporate Average Fuel Economy (CAFE) standard of US35 mpg (6.7 L/100 km) five years ahead of the federally-mandated deadline. The announcement was made by the company’s Senior Executive Vice President, Park Seong-Hyon, at the North American International Powertrain Conference in Chicago.

The company said that the keys to the goal will be a continuous refinement of Hyundai’s gasoline engines, the introduction of more sophisticated transmissions, the application of next-generation hybrids, and new technologies such as Integrated Stop and Go Turbocharging, gasoline direct injection, dual continuously variable valve timing and eight-speed automatic transmissions.

“We believe we have the engineering resources and the confidence to reach our target by 2015,” said Dr. Hyun-Soon Lee, president of the Hyundai-Kia Corporate Research and Development Division. “Hyundai is determined to be the industry leader in fuel efficiency.”

Some of the key hardware necessary will be unveiled in October at the Mondial de l’Automobile show in Paris, and in November at the Los Angeles Auto Show, including details on its new Hybrid Blue Drive technology. Earlier this month, the company confirmed plans to introduce a Sonata Hybrid to the U.S. market in 2010.

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