Money world

Hyundai Motor Co. announced Wednesday that it has set a goal to boost the fuel efficiency of its U.S. vehicle lineup to an average of 50 miles per gallon by 2025.

That target would put the the South Korean automaker more then 40% above the 35.5 miles per gallon level that U.S. government is pushing automakers to reach by 2016.

"Getting to 50 miles per gallon seems like a huge leap, but by making this commitment and aligning our research and development initiatives now, we know we can get there," said John Krafcik, Hyundai Motor America president and chief executive, in a statement.

Highway fuel efficiency for 2010 Hyundai models ranges from 36 miles per gallon in the subcompact Accent to 22 miles per gallon for the Veracruz, a sport-utility vehicle, according to the U.S. Department of Energy.

The 2011 Sonata, which went on sale earlier this year, achieves 35 miles per gallon on the highway.

The government says the leading fuel-efficient car for the year is the Toyota Prius, a hybrid that logs 48 miles per gallon on the highway. 

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