HMC SALES INCREASE AT HOME AND ABROAD FOR APRIL 2002

May 2, 2002

Overall figure up
Overall sales for April reached 157,048 compared to 149,644 in March representing a 4.9 percent increase. The figure also represented an increase of 11.9 percent over the same month last year of 140,311. In the first four months total sales reached 599,814, with 8.9 percent increase over the same period last year when total sales amounted to 513,921.

Export
In April HMC exported 83,770 vehicles 5.4 percent up from March’s figure of 79,487 and also increased 8.9 percent up on the same month last year when 76,943 vehicles were exported.

Domestic
For domestic sales were also up in April at 73,278. It represented a 4.4 percent increase over March’s total of 70,157 and a 15.6 percent increase over April last year when the figure was 63,368. Over the first four months domestic sales of 263,109 represented an increase 20.6 percent on the same period in 2001 of 218,110.

Domestic passenger car sales are 33,537 vehicles 5.8 percent up on compare to 31,700 sales March 2002. In the first four months 117,992 vehicles were sold compared to 108,396, 8.9% up on same period of last year.

Domestic RV and SUV sales are up by 51.2 percent from 40,156 during first four months of 2001 to 60,704 this year.

Commercial vehicles up
The total sales of bus in first four months of 2002 were 36,441 up to 15% from 31,680 compared to same period of 2001, and truck sales reached 47,972 and also increased 26,6% up compared to 37,878 of the same period of last year.

Commercial vehicles sales were up in April at 23,731, and it represented a 7.2 percent increase over March’s total of 22,128. For the first four months sales were 84,413, a 21.4 percent increase over for the same period of last year when the figure was 69,558.

April figures showed strong HMC’s sales both at home and abroad. The reasons of growing domestic market sales were the recovery of Korean economy and the reduction of special excise tax for vehicles. And for export market, Santa Fe and EF Sonata were still very popular vehicles in North America and Matrix became popular in Europe.

For further information please contact Hyundai Motor Company’s Overseas Public Relations Team. Jake Jang, Manager, tel. (82) 2 3464 2527 or e-mail projjk@hyundai-motor.com or Sang W Park, Staff, tel. (82) 2 3464 2548 or e-mail swpark@hyundai-motor.com

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