Hyundai Continues to Drive New Records

SYDNEY – February 3, 2010: Hyundai has posted a sales result of 6,208 units, its best ever January result since the brand started selling cars in Australia in 1986. Hyundai’s market share of 8.3% represents the equal best ever monthly result since the factory established the wholly owned subsidiary Hyundai Motor Company Australia in 2003.

In a total market that has increased 12% (January YTD 2010 v. January YTD 2009), Hyundai Motor Company Australia has achieved an overall increase in sales of 67.7%.

iLoad posted its best ever sales result of 592 units and best ever market share of 30.8%, ranking first in the van segment in Queensland, Victoria and Tasmania. Hyundai was also the no. 1 selling brand in Tasmania.

“The team at Hyundai and the Hyundai Dealer network are thrilled with the start to 2010,” said Damien Meredith, Hyundai’s Director of Sales. “This month we launch the all-new ix35 compact SUV into the Australian market and we have other exciting all-new products on the way soon.”

Hyundai Motor Company’s global sales also increased 50.4% (January YTD 2010 v. January YTD 2009). In South Korea, the all-new YF mid-sized sedan sold 17,464 units, making it the best selling domestic model.

Hyundai’s Australian highlights include

Hyundai’s result in January of 6,208 units (8.3% share) represents a 67.7% volume increase over its achievement of 3,701 units (5.5% share) in January 2009.

iLoad ranked second in the van segment after posting a sales result of 592 units and a 30.8% market share.

iMax ranked third in the people mover market, posting a sales result of 139 units achieving a 14.6% market share.

Tucson ranked third in the compact SUV segment, posting a sales result of 812 units and a 10.6% market share.

Getz ranked first in the light car segment achieving 1,717 vehicle sales and a 16.5% market share.

Hyundai’s global highlights include

Hyundai’s South Korean domestic sales rose 68.9% to 59,774 units in January from 35,396 units a year earlier, due to a base effect from a year earlier when consumer demand was the lowest since the 1997-98 Asian financial crisis, whilst also boosted by the successful launch of new models, ix35 compact SUV and the all-new YF mid-sized sedan.

In South Korea last month the all-new YF mid-sized sedan, which went on sale in September 2009, sold 13,928 units – making it South Korea’s best selling model.

Total overseas sales, including both exports from South Korea and sales from overseas plants, rose by 45.9% to 210,067 units in January, up from 143,989 units a year earlier.

Exports were up 27.8% in January as compared to a year earlier.

Sales from overseas plants rose 56% percent to 143,998 units.