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Hyundai’s upcoming small sports coupe will pierce the 40 miles-per-gallon barrier, according to Hyundai Motor America president John Krafcik.

In an interview at Los Angeles, Krafcik told reporters that with this figure, its coupe will be able to beat the new 2011 Honda CR-Z, which, which despite having a hybrid powertrain, achieves only 36/39 city/highway when equipped with a CVT and 31/37 with a manual gearbox. The Hyundai coupe, which could be named either Veloster or Tiburon, will be able to achieve those figures with a conventional four-cylinder engine, avoiding the additional cost, complexity and weight of a gas-electric system. Krafcik gave assurances that this model will beat the Honda in fuel economy and will also perform better as well as provide added utility, including rear seats and better access.

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2012 Hyundai Veloster expected to breach the 40 mpg barrier

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