HYUNDAI SETS NEW ALL TIME SALES RECORD

FOUNTAIN VALLEY, Calif., July 1, 2004 -- Hyundai Motor America today announced sales of 41,336 vehicles for the month of June, setting another new all-time record for the company. The previous monthly sales record was 41,073 vehicles set in August 2003.

Sales for June 2004 were up 19 percent over June of 2003. The Hyundai Sonata led sales for June with 12,035 units. Sonata was followed closely by the popular Hyundai Elantra with 11,316 and the award-winning Hyundai Santa Fe with 10, 362.

“Sonata’s recent award as the Highest Ranked Entry Midsize Car in the coveted J.D. Power and Associates 2004 Initial Quality Study and the Santa Fe’s recognition with the AutoPacific Vehicle Satisfaction Award reinforce what consumers are saying every time they purchase a Hyundai product,” said Ed Bradley, Hyundai’s Vice President, National Sales. “That is, when you combine great quality, styling and value in a vehicle lineup, it really is a win-win-win situation for consumers.”

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 June 2004:

CARLINE Jun-04 Jun-03 CY2004 CY2003
ACCENT 4,332 4,863 23,004 28,085
SONATA 12,035 7,647 53,976 39,342
ELANTRA 11,316 9,127 56,849 57,813
TIBURON 1,830 2,209 8,932 11,618
SANTA FE 10,362 9,448 54,459 54,196
XG350 1,461 1,513 7,791 8,277
TOTAL 41,336 34,807 205,011 199,331

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