HYUNDAI SALES FOR JANUARY SET ANOTHER RECORD

FOUNTAIN VALLEY, Calif., Feb. 3, 2003 -- Hyundai Motor America today announced sales of 27,179 vehicles for the month of January surpassing last January’s sales and setting a new record for the month. “After setting an all-time annual sales record in 2002 we have begun 2003 on a strong note,” said Hyundai’s Vice President of Sales Robert Cosmai. “Strong sales of our Elantra and Santa Fe models assisted us in attaining another record month. The market remains very competitive, however our value message and America’s Best Warranty continue to resonate with the Hyundai customers. Our customers perceive Hyundai products as having high quality, great styling and tremendous value,” he added.

“In addition to our complete line of high-quality, high-value Hyundai cars and sport utility vehicles, another factor that continues to bring 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,” he added.

Following is the sales breakdown for January 2003:

CARLINE Jan-03 Jan-02 CY2003 CY2002
ACCENT 3,938 6,132 3,938 6,132
SONATA 5,580 5,984 5,580 5,984
ELANTRA 9,724 7,411 9,724 7,411
TIBURON 1,233 793 1,233 793
SANTA FE 5,535 5,411 5,535 5,411
XG350 1,169 1,395 1,169 1,395
TOTAL 27,179 27,126 27,179 27,126


Editor’s Note: Robert Cosmai is available for interviews regarding Hyundai’s January sales. For an interview, please contact Chris Hosford at (714) 965-3470 or Mike Anson at (714) 965-3366.

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