HYUNDAI'S RECORD SALES CONTINUE NOVEMBER SALES SET TENTH CONSECUTIVE RECORD FOUNTAIN VALLEY, Calif., 12/03/2001 Hyundai Motor America today announced record sales of 27,299 vehicles for the month of November, up 53 percent over the previous year and the tenth consecutive record sales month in the U.S. "Our sales momentum continues, led by the Santa Fe sport utility vehicle and the redesigned 2002 Sonata," said Hyundai's Vice President of Sales, Robert Cosmai. "There are three basic factors driving Hyundai's sales growth," Cosmai explained. "First is our consistent marketing message, building the Hyundai brand and reinforcing the Hyundai value story as a 'smart buy' in each market segment. Second is our focused dealer organization and, of course, there is The Hyundai Advantage, America's Best Warranty, featuring 10-year/100,000-mile powertrain protection." Following is the sales breakdown for November 2001: CARLINE NOV 2001 NOV 2000 CY2001 CY2000 ACCENT 5,866 4,811 74,145 61,449 SONATA 5,923 2,298 57,446 43,899 ELANTRA 8,217 5,142 104,351 99,530 TIBURON 1,165 1,031 18,292 14,267 SANTA FE 5,240 3,627 50,572 6,476 XG300 888 947 17,016 1,245 TOTAL 27,299 17,856 321,822 226,866

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