LOS ANGELES -- Hyundai will continue to enter new product segments, including upscale niches, while keeping lower-priced models fresh over the next three years.
The Veloster sporty coupe will join the lineup this fall, and a turbocharged version comes next summer.
A redesigned Azera sedan debuts in the final weeks of this year, and a two-door Elantra will go on sale next spring. Short- and long-wheelbase versions of the Santa Fe crossover will be offered when the vehicle is redesigned next year.
Further down the road, Hyundai will launch a more luxurious SUV, a dedicated plug-in hybrid sedan and a sport sedan to compete with the BMW 3 series.
Accent: The Accent, which has been on sale since July, was redesigned for the 2012 model year. A new 1.6-liter gasoline direct injection four-cylinder from Hyundai's Gamma engine family replaces the old four-banger.
Genesis: The high-performance Genesis R-Spec sedan was added for the 2012 model year as the top trim level of Hyundai's mid-sized luxury car. The R-Spec gets 429 hp and 376 pounds-feet of torque from a new 5.0-liter gasoline direct injection V-8 engine teamed with a new eight-speed automatic transmission.
An updated 3.8-liter V-6 engine powering the base Genesis adds gasoline direct injection technology for 2012, helping to boost output by 15 percent to 333 hp and torque by 10 percent to 291 pounds-feet.
In 2013 the Genesis will get new sheet metal and a new interior, as well as a re-engineered platform with major improvements, including all-wheel-drive.
Veloster: Hyundai's sporty coupe will arrive in showrooms in September. The Veloster features a hatchback roofline and third door on the passenger-side rear. Powering the Veloster at launch will be a 1.6-liter gasoline direct injection four-cylinder engine and Hyundai's first dual clutch transmission. A turbocharged version will debut next June or July with a turbocharged version of the 1.6-liter engine producing around 200 hp.
Azera: A redesigned Azera will make its North American debut at the Los Angeles auto show in November and will go on sale just before the end of the year. The sedan will reflect the brand's fluidic sculpture design language, a major change from the current Azera's tame styling. Power will come from a new Lambda II 3.5-liter V-6 engine with gasoline direct injection technology producing more than 300 hp.
Hyundai wants to capture Sonata owners looking to move up within the brand without going all the way to the Genesis. Executives also expect the front-wheel-drive layout to appeal to buyers in cold-weather states, where the Genesis' rear-wheel-drive system can be a deal breaker.
Genesis Coupe: When the coupe is re-engineered for the 2014 model year it will share the Genesis sedan's more upscale interior and comfortable ride.
In the meantime, the 2013 Genesis Coupe will get the gasoline direct injection 3.8-liter V-6 that powers the base model 2012 Genesis.