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Hyundai Sales for August Set Another Record

August Sales Up 16.8% Over the Previous Year

FOUNTAIN VALLEY, Calif., Sept. 4 -- Hyundai Motor America today announced that August was an all-time record month with sales of 40,266 vehicles. This is the first time in its history that Hyundai has surpassed the 40,000 unit level. "This is our 19th consecutive month of record-setting sales," said Hyundai's Vice President of Sales Robert Cosmai. "Compared to last year at this time, Hyundai sales are up 16 percent YTD," Cosmai said.

"Sales were led by the Elantra and the Santa Fe sport utility vehicle, both of which set new all-time records in August. Buyers looking for styling, performance and value have given Hyundai tremendous sales momentum this year and we expect these strong sales to continue," he added.

"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 August 2002:

     CARLINE              August/2002   August/2001     CY2002       CY2001

     ACCENT                  7,566         7,662       52,821        56,993
     SONATA                  6,940         5,397       48,227        37,060
     ELANTRA                13,731        12,341       85,987        75,609
     TIBURON                 2,114         1,918       13,924        14,144
     SANTA FE                8,012         5,606       54,172        34,577
     XG350                   1,863         1,550       11,948        11,923

     TOTAL                  40,266        34,474      267,079       230,306