Superior Industries Wins Significant New and Replacement Aluminum Wheel Supply Contracts From General Motors

    VAN NUYS, Calif.--Oct. 22, 2002--Superior Industries International, Inc. announced today that it has been awarded new and replacement aluminum wheel supply contracts from General Motors for several 2003 model year vehicles.
    Superior won new orders to supply aluminum wheels for the Hummer H2; painted and chrome wheels for the Buick LeSabre; and chrome wheels for the Cadillac Escalade. Key replacement contracts include redesigned wheels for the Chevrolet Silverado and GMC Sierra pickup trucks and the Cadillac Deville.
    "GM's success in the marketplace with high quality, innovative products means more opportunities for Superior to generate important new and replacement wheel business. We at Superior are proud to supply aluminum wheels under our recently announced multi-year long-term supply agreement with GM. This new business continues our confidence in our future growth," said Louis L. Borick, Chairman and President.

    About Superior Industries

    Superior supplies aluminum wheels and other aluminum automotive components to Ford, General Motors, DaimlerChrysler, BMW, Volkswagen, Audi, Land Rover, MG Rover, Toyota, Mazda, Mitsubishi, Nissan, Subaru and Isuzu. For additional information, visit Superior's Web site at www.supind.com.

    Forward-Looking Statements

    This press release contains statements that are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on current expectations, estimates and projections about the company's business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors and risks discussed from time to time in the company's Securities and Exchange Commission filings and reports. In addition, such statements could be affected by general industry and market conditions and growth rates, and general domestic and international economic conditions. Such forward-looking statements speak only as of the date on which they are made and the company does not undertake any obligation to update any forward-looking statement to reflect events or circumstances after the date of this release.