Hyundai Motor America Reports August 2010 Sales

FOUNTAIN VALLEY, Calif., Sept. 1, 2010; Hyundai Motor America today announced sales of 53,603, down 11 percent compared with the all-time sales record set in August 2009, when the successful "Cash for Clunkers" program was in place. Still, August marked the third best volume month in company history, saw a 5.3 percent retail market share -- the highest market share ever achieved -- and delivered the 20th consecutive month of retail market share gains. For the year, Hyundai has reported cumulative sales of 363,491, up 17 percent versus the same period in 2009, and remains on track to establish an all-time sales record for the full year.

"Even with an erratic stock market, sluggish home sales and faltering consumer confidence over the past several months, Hyundai continues to significantly outperform the industry and gain market share," said Dave Zuchowski, Hyundai Motor America's vice president of national sales. "Consumer demand for our products remains strong, and as we take aggressive action to increase production of high-demand vehicles and improve dealer supply, we feel we're well-positioned for growth over the remaining four months of this year. We're preparing to launch our flagship Equus sedan and are introducing three additional new products to our lineup in the fourth quarter, backed by an ambitious media plan to ensure we maintain our momentum in the face of challenging market conditions."

On a year-over-year basis, Elantra, Sonata and Tucson sales increased 21 percent 50 percent and 139 percent, respectively. Genesis set another all-time sales record in August and is up 27 percent for the year - this marks the 14th consecutive month of year-over-year sales gains for Genesis. The strength of this broad product lineup and the overall reduction in incentive spending is continuing to have a positive impact on residual values.

HYUNDAI MOTOR AMERICA

Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through almost 800 dealerships nationwide. All Hyundai vehicles sold in the U.S. are covered by the Hyundai Assurance program which now includes the 5-year/60,000 mile fully transferable bumper-to-bumper warranty, Hyundai's 10-year/100,000 mile powertrain warranty, 5-year complimentary Roadside Assistance, and the job-loss vehicle return program. For more details on Hyundai Assurance, please visit www.HyundaiAssurance.com.

  CARLINE   AUG/2010 AUG/2009 CY/2010 CY/2009
  -------   -------- -------- ------- -------
  ACCENT       3,844   10,099  34,882  50,661
  SONATA      21,399   11,815 128,484  85,677
  ELANTRA     15,181   21,673  90,960  75,193
  TIBURON          0       45       0   8,542
  SANTA FE     5,687   10,791  57,110  51,057
  AZERA          341      336   2,140   2,593
  TUCSON       3,343    2,531  26,730  11,189
  ENTOURAGE        0       20       0   3,395
  VERACRUZ       919      841   5,096   8,130
  GENESIS      2,889    2,316  18,089  14,269
  -------      -----    -----  ------  ------
  TOTAL       53,603   60,467 363,491 310,706
  -----       ------   ------ ------- -------