Hyundai Sales Set New July Record

FOUNTAIN VALLEY, Calif., Aug. 3, 2004 -- Hyundai Motor America today announced sales of 40,125 vehicles for the month of July, setting another new sales record for the month of July. Sales for July 2004 were up 10 percent over July of 2003. The award-winning Hyundai Santa Fe led sales for July with 11,474 units setting an all-time monthly sales record for the Hyundai SUV. It was followed closely by the popular Hyundai Elantra with 10,025 and the Hyundai Sonata, which received the award as highest quality Entry Level Midsize Car in the J.D. Power and Associates 2004 Initial Quality Study (IQS), with sales of 9,605 units.

"Hyundai's sales momentum in the U.S. continues to grow because American consumers appreciate the value and quality of Hyundai vehicles," said Hyundai Motor America Vice President of National Sales Ed Bradley. "The combination of styling, quality and value is driving consumers into the Hyundai showrooms. Once they drive the vehicles, we earn their business and make the sale," he added.

All Hyundai cars and sport utility vehicles sold in the U.S. are covered by The Hyundai Advantage, America's Best Warranty. Hyundai buyers are protected by a 10-year/100,000-mile power train 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.

  Following is the sales breakdown for July 2004:

  CARLINE              July/2004    July/2003       CY2004       CY2003

  ACCENT                   5,033        4,290       28,037       32,375
  SONATA                   9,605        8,287       63,581       47,629
  ELANTRA                 10,025       10,316       66,874       68,129
  TIBURON                  2,522        2,192       11,454       13,810
  SANTA FE                11,474        9,670       65,933       63,866
  XG350                    1,466        1,561        9,257        9,838

  TOTAL                   40,125       36,316      245,136      235,647