HYUNDAI MOTOR AMERICA RECORDS EIGHTH CONSECUTIVE YEAR-OVER-YEAR SALES INCREASE

FOUNTAIN VALLEY, Calif., 01/03/2007 Hyundai Motor America today announced sales of 37,365 units for the month of December and 455,520 for 2006, its eighth consecutive year-over-year sales increase. Year-end sales were bolstered by strong December demand for the all-new 2007 Accent and the all-new 2007 Santa Fe, up 66 percent and 121 percent respectively over December 2005.

"While we celebrate closing the year with record sales, we are disappointed that we fell short of our initial sales objectives," said Steve Wilhite, chief operating officer of Hyundai Motor America. "We will remember 2006 for our continued improvement and outstanding achievements in quality, our commitment to standardizing the most effective safety technologies across our growing product line-up, and extending the Hyundai Advantage, America’s Best Warranty – initiatives we believe will pay meaningful dividends in the years ahead."

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 755 dealerships nationwide.

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.