HYUNDAI REPORTS SALES FOR NOVEMBER

November Sales Push Hyundai to New All-Time Annual Sales Record

FOUNTAIN VALLEY, Calif., Dec. 3, 2002 -- Hyundai Motor America today announced November sales of 26,042 units, increasing the year-to-date total to 349,675 which surpasses the all-time HMA annual sales record of 346,235 units established last year. Through November Hyundai’s sales are up 8.7 percent over last year.

“Sales continue to be led by the Elantra and the Santa Fe sport utility vehicle. Buyers looking for styling, performance and value have given Hyundai tremendous sales momentum this year and we are working hard to make certain these strong sales continue,” said Hyundai’s Vice President of Sales Robert Cosmai. Cosmai also noted that year-to-date sales of the popular Santa Fe sport utility vehicle are up 43 percent compared to last year.

“Hyundai cars and sport utility vehicles are backed with America’s Best Warranty, The Hyundai Advantage. Our customers have confidence knowing their Hyundai vehicles are covered by a 10-year/100,000-mile powertrain warranty, a 5-year/60,000-mile bumper-to-bumper warranty, 5-year/unlimited miles roadside assistance program and more,” Cosmai explained.

Following is the sales breakdown for November 2002:

CARLINE Nov. 2002 Nov. 2001 CY2002 CY2001
ACCENT 3,617 5,866 67,770 74,145
SONATA 5,456 5,923 63,736 57,446
ELANTRA 8,094 8,217 111,646 104,351
TIBURON 1,559 1,165 18,635 18,292
SANTA FE 6,165 5,240 72,253 50,572
XG350 1,151 888 15,635 17,016
TOTAL 26,042 27,299 349,675 321,822

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