HYUNDAI CONTINUES RECORD SALES PACE

March Sales Set Another New Record

FOUNTAIN VALLEY, Calif., April 1, 2002 -- Hyundai Motor America today announced sales of 31,805 vehicles for the month of March, setting another new sales record for the month. “Hyundai sales were up nearly 15 percent over last March,” said Robert Cosmai, vice-president of sales for Hyundai Motor America. “This marks our 14th consecutive month of record-setting sales and we expect these strong sales to continue. Sales of our Santa Fe sport utility vehicle set a new all-time monthly sales record and sales of Hyundai’s all-new Tiburon coupe, which has just started to arrive in dealer showrooms, will continue to grow as the supply increases,” he added.

“In addition to our complete line of high-quality, high-value vehicles, another factor bringing 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 March 2002:

CARLINE Mar-02 Mar-01 CY2002 CY2001
ACCENT 6,770 7,155 19,350 20,930
SONATA 5,725 5,022 17,662 12,743
ELANTRA 9,870 8,874 25,237 21,887
TIBURON 1,488 1,804 3,661 4,172
SANTA FE 6,733 3,268 17,870 11,040
XG350 1,219 1,592 3,654 4,001
TOTAL 31,805 27,715 87,434 74,773

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