HYUNDAI SALES FOR APRIL SET NEW RECORD

FOUNTAIN VALLEY, Calif., May 1, 2003 -- Hyundai Motor America today announced sales of 35,001 vehicles for the month of April, setting a new record for the month. April sales increased 13 percent over last year and total sales for 2003 are up 8 percent over 2002. “Our sales momentum continued in April as auto buyers are looking for the tremendous value that Hyundai products deliver,” said Robert Cosmai, vice-president of national sales for Hyundai Motor America. “Sales of the Santa Fe sport utility vehicle remain very strong and Elantra and Sonata are also selling well.”

“All Hyundai vehicles sold in the U.S. are also covered by the The Hyundai Advantage, America’s Best Warranty which includes the outstanding 10-year/100,000 Powertrain Warranty,” Cosmai said. “It’s all part of the Hyundai value story.”

Following is the sales breakdown for April 2003:

CARLINE Apr-03 Apr-02 CY2003 CY2002
ACCENT 4,471 6,175 17,696 25,525
SONATA 6,963 5,469 25,228 23,131
ELANTRA 9,217 9,928 38,516 35,165
TIBURON 2,088 1,630 6,856 5,291
SANTA FE 10,927 6,491 34,281 24,361
XG350 1,335 1,279 5,402 4,933
TOTAL 35,001 30,972 127,979

118,406

# # #