HYUNDAI SALES FOR AUGUST SET NEW ALL-TIME RECORD

FOUNTAIN VALLEY, Calif., Sep. 3, 2003 -- Hyundai Motor America today announced sales of 41,073 vehicles for the month of August setting a new all-time record for Hyundai sales in the U.S. The previous all-time sales record was set one year ago in August 2002. Year-to-date sales of Hyundai vehicles in the U.S. are up 2.1 percent.

“Hyundai vehicles deliver the kind of value consumers are looking for,” said Robert Cosmai, acting president and CEO of Hyundai Motor America. “And that brings customers into the dealer showrooms. Hyundai’s record August sales were led by the compact Elantra, the Santa Fe sport utility vehicle and the midsize Sonata sedan.”

“All Hyundai vehicles sold in the U.S. are also covered by 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 great Hyundai value story.”

Following is the sales breakdown for August 2003:

MODEL Aug-03 Aug-02 CY2003 CY2002
ACCENT 5,115 7,566 37,490 52,821
SONATA 9,063 6,940 56,692 48,227
ELANTRA 13,265 13,731 81,394 85,987
TIBURON 2,090 2,114 15,900 13,924
SANTA FE 9,941 8,012 73,807 54,172
XG350 1,599 1,863 11,437 11,948
TOTAL 41,073 40,226 276,720 267,079

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