Hyundai Motor America Reports October 2008 Sales

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FOUNTAIN VALLEY, Calif., November 3, 2008: Hyundai Motor America today announced sales of 20,820 for the month of October, a 31 percent decrease from October 2007 levels.

"We are experiencing one of the most challenging times in recent automotive history," said Dave Zuchowski, Hyundai Motor America's vice president of national sales. "We are encouraged by the prospects for November. With the financial markets beginning to stabilize and the election behind us, we believe consumer confidence will be bolstered and prospects who have been on the sidelines during this period of uncertainty will re-emerge into the market to help fuel the economic engine. With some of the most fuel-efficient and standard safety equipped vehicles in the industry we feel we are well positioned to get back on track."

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 800 dealerships nationwide.