Hyundai Motor America Reports July 2008 Sales-Down

FOUNTAIN VALLEY, Calif., Aug. 1, 2008 -- Hyundai Motor America today announced sales of 40,703 for the month of July, a 6.5 percent decrease over the same period last year.

"Although Accent and Elantra sales continued their upward trend with increases of 96 percent and 31 percent respectively over the same period last year, we experienced an overall slow down for the month of July," said Dave Zuchowski, Hyundai Motor America's vice president of national sales. "We are encouraged going forward, however, due to the fact we have recently opened a new four-cylinder engine plant in Montgomery, Alabama, allowing us to shift our engine mix for future product. We also expect greater availability of our more-fuel efficient vehicles in the months to come and the demand for our new rear-wheel drive Genesis to continue to rise."

All Hyundai 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 7-year/unlimited-mile anti-perforation warranty and 5- year/unlimited-mile roadside assistance protection.

Hyundai Motor America, headquartered in Fountain Valley, Calif., is a subsidiary of Hyundai Motor Co. of Korea. Hyundai vehicles are distributed throughout the United States by Hyundai Motor America and are sold and serviced through almost 800 dealerships nationwide.

  CARLINE        JULY/2008      JULY/2007       CY2008         CY2007

  ACCENT           6,740          3,435         34,924         22,361
  SONATA          11,409         14,802         77,336         82,460
  ELANTRA         10,454          7,982         72,432         57,914
  TIBURON          1,102          1,573          6,069          8,968
  SANTA FE         6,868          7,567         44,278         51,939
  AZERA              808          1,407         12,251         13,946
  TUCSON           1,521          3,452         13,268         23,802
  ENTOURAGE          482          1,544          3,514         13,490
  VERACRUZ           700          1,749          7,048          5,226
  GENESIS            619              0            649              0
  TOTAL           40,703         43,511        271,769        280,106