HYUNDAI SETS ALL-TIME SALES RECORD IN 2002 DECEMBER SALES SET A NEW RECORD

FOUNTAIN VALLEY, Calif., Jan. 3, 2003 -- Hyundai Motor America today announced record sales of 25,444 vehicles for the month of December up 4.2 percent over the previous year. Total sales for 2002 set a new all-time annual sales record for Hyundai in the U.S. – 375,119 -- up 8.3 percent over 2001.

“Hyundai’s record sales for the year were driven by outstanding sales of the Elantra, Santa Fe, Sonata and Tiburon with each model setting all-time sales records for the U.S.,” said Hyundai’s Vice President of Sales, Robert Cosmai. “Hyundai has experienced an increase in sales each year for the past four years. Hyundai’s growth is consistent across the product line up as shown by four of the six models setting all-time annual sales records in 2002,” he added.

Following is the sales breakdown for December 2002:

VEHICLE Dec-02 Dec-01 CY2002 CY2001
ACCENT 3,718 5,335 71,488 79,480
SONATA 4,349 4,939 68,085 62,385
ELANTRA 8,992 6,942 120,638 111,293
TIBURON 1,328 884 19,963 19,196
SANTA FE 6,026 5,445 78,279 56,017
XG350 1,031 868 16,666 17,884
TOTAL 25,444 24,413 375,119 346,235

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