Volkswagen and Hyundai announced pricing this week for their new 2012 sedans. The 2012 Volkswagen Passat will start at $19,995 and the 2012 Hyundai Genesis Sedan will start at $34,200.

The 2012 Passat’s MSRP is $7,000 less than the 2010 Passat’s $26,995 asking price. Volkswagen says in a statement its new Passat is bigger thanks to an increased wheelbase. The new Passat will be built at Volkswagen’s new plant in Chattanooga, Tenn.

2012 Volkswagen Passat

Volkswagen Group of America, Inc. President and CEO Jonathan Browning says the new Passat has “superior fuel economy” and is a good value.

The 2012 Passat 2.5L S base trim starts at $19,995, the SE trim starts at $23,725 and the SEL trim starts at $28,395. The SE trim adds features like heated front seats and a touchscreen radio, while the SEL features navigation. The new Passat is also available with a 2.0L TDI clean diesel engine, which is offered in three trim levels, starting at $25,995. VW says its clean diesel Passat is expected to get 43 mpg on the highway. A six-cylinder engine is also available and starts at $28,995.

Hyundai’s 2012 Genesis Sedan’s $34,200 MSRP is $1,200 more than the 2011 Genesis’ $33,000 asking price. Hyundai says in a press release its new 2012 Genesis received upgrades to its engine and transmission, which result in a more powerful car.

2012 Hyundai Genesis Sedan R-Spec

“This new direct-injected Lambda V6 produces a higher specific output (87.6 hp/liter) than its normally-aspirated mid-luxury competitors, while 3.8-liter GDI fuel economy increases more than seven percent from 27 mpg to 29 mpg on the highway,” Hyundai says in a statement.

The base 3.8-liter V6 2012 Genesis starts at $34,200, the 4.6-liter V8 starts at $44,500 and the 5.0-liter V8 R-Spec model starts at $46,500.

The 2012 Volkswagen Passat is scheduled to hit dealerships in the fall, while the 2012 Hyundai Genesis Sedan is on sale now.

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