Hyundai Sets New All-Time Sales Record in 2003

December Sales Up 36.4 Percent

FOUNTAIN VALLEY, Calif., Jan. 6 -- Hyundai Motor America today announced record sales of 34,716 vehicles for the month of December; up 36.4 percent over the previous year. Total sales for 2003 set a new all-time annual sales record for Hyundai in the U.S. -- 400,221 -- up 6.7 percent over 2002.

"Hyundai's record growth in the U.S. auto market continues because American consumers are focused on value. Each model in the Hyundai vehicle lineup offers real value in terms of quality, styling, safety, dependability and price," said Hyundai Motor America's President and CEO, Robert F. Cosmai. "For 2004, we hope the economy continues to improve and that our sales momentum will continue. Our dealers are excited about our new product offerings. The Tucson SUV will be added to our line-up in August," he added.

"Hyundai is only the fourth import franchise to ever exceed 400,000 sales in this country," said Edward F. Bradley, Hyundai's Vice President, National Sales. "This is a significant achievement by Hyundai dealers nationwide who have established the Hyundai brand as one of the hottest franchises in the industry today," he said.

   Following is the sales breakdown for December 2003:

   VEHICLE      December 2003    December 2002     CY2003       CY2002
   ACCENT            5,980            3,718        56,585       71,488
   SONATA            6,053            4,349        82,330       68,085
   ELANTRA          10,655            8,992       120,858      120,638
   TIBURON           1,021            1,328        21,242       19,963
   SANTA FE          8,639            6,026       101,278       78,279
   XG350             2,368            1,031        17,928       16,666

   TOTAL            34,716           25,444       400,221      375,119