HYUNDAI SALES FOR MARCH SET NEW RECORD

FOUNTAIN VALLEY, Calif., April 1, 2003 -- Hyundai Motor America today announced sales of 38,291 vehicles for the month of March, setting a new record for the month. March sales increased 20.3 percent over last year and 39 percent over the previous month. “In challenging times such as these auto buyers are looking for value. We are cautiously optimistic that the U.S. auto market will remain steady,” said Robert Cosmai, vice-president of national sales for Hyundai Motor America.

“Sales of the Santa Fe sport utility vehicle set an all-time record with sales of 11,293 units. In addition, Elantra, Sonata, Tiburon and XG350 finished ahead of last March’s sales levels.

“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.

Following is the sales breakdown for March 2003:

CARLINE Mar-03 Mar-02 CY2003 CY2002
ACCENT 4,943 6,770 13,225 19,350
SONATA 7,550 5,725 18,265 17,662
ELANTRA 10,799 9,870 29,299 25,237
TIBURON 2,141 1,488 4,768 3,661
SANTA FE 11,293 6,733 23,354 17,870
XG350 1,565 1,219 4,067 3,654
TOTAL 38,291 31,805 92,978 87,434

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

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