HYUNDAI SALES CONTINUE TO CLIMB JULY SALES UP 32% OVER LAST YEAR

FOUNTAIN VALLEY, Calif., Aug. 1, 2001 - Hyundai Motor America today announced record sales of 31,189 vehicles for the month of July, up 32 percent over the previous year, and marking the sixth consecutive month of record sales. “Sales in July set a new all-time record for the month and extended our streak of record sales months to six in a row,” said Hyundai’s Vice President of Sales, Robert Cosmai. “With our new product offerings, including the new Elantra GT 5-door hatchback, and record sales of our Santa Fe sport utility, we anticipate our strong sales will continue,” he added.

“Another factor bringing customers into Hyundai showrooms is The Hyundai Advantage, America’s Best Warranty” Cosmai said. “Hyundai buyers are covered by a 10-year/100,000-mile powertrain warranty, a 5-year/60,000-mile bumper-to-bumper warranty, a 5-year/100,000-mile anti-perforation warranty and 5-year/unlimited-mile roadside assistance protection.”

Following is the sales breakdown for July 2001:

VEHICLE Jul-01 Jul-00 CY2001 CY2000
ACCENT 6,817 6,338 49,331 41,184
SONATA 5,007 4,989 31,663 29,450
ELANTRA 11,058 10,570 63,268 66,692
TIBURON 1,833 1,669 12,226 9,711
SANTA FE 5,146 N/A 28,981 N/A
XG300 1,328 N/A 10,373 N/A
TOTAL 31,189 23,566 195,832 147,037