Hyundai Sets All-Time Sales Record

    FOUNTAIN VALLEY, Calif., March 1 Hyundai Motor America
today announced sales of 24,800 vehicles for the month of February, an
all-time record for the company and up 34 percent over the previous year.
"Downturn?  What downturn?" said Robert Cosmai, vice-president of sales for
Hyundai Motor America.  "February sales set an all-time record for Hyundai and
we expect these surging sales to continue.  Our product lineup is strong and
sales of our Santa Fe sport utility vehicle will continue to grow as plant
capacity increases," he added.

    "In addition to our complete line of high-quality, high-value vehicle,
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 February 2001:

    CARLINE                   Feb/2001     Feb/2000     CY2001       CY2000

    ACCENT                      7,272        5,423      13,775        9,920
    SONATA                      4,209        3,522       7,721        6,284
    ELANTRA                     7,336        8,567      13,013       15,631
    TIBURON                     1,232        1,053       2,368        1,564
    SANTA FE                    3,614          N/A       7,772          N/A
    XG300                       1,137          N/A       2,409          N/A

    TOTAL                      24,800       18,565      47,058       33,399