O-STA

Consistent Growth for Hyundai Motor Europe

Rüsselsheim, Germany (ots) -

- September sales reach 30,798 with y-o-y increase of 25.4 percent

- European sales accumulate to 255,907 units for 2004

- Tucson shows strong sales start in Europe

At the J.D. Powers International Automotive Roundtable 2004 in Paris Hyundai Motor Europe stressed the importance of a consistent growth. Opposed to picking up every cyclical fashion trend in the car industry, Werner H. Frey, Vice President Hyundai Motor Europe GmbH, stressed the importance of conservative values to fortify attractive company characteristics such as product quality and customer satisfaction.

The sales in the month of September again showed that with its adjusted prioritization of strategic objectives the company is achieving a sustained success in Europe. Compared to the same period last year, Hyundai topped sales by 25.4 percent selling 30,798 cars in Europe during September.

"We are very pleased with the consumer reaction towards this month's launch of our new SUV; with 4,835 units sold, the Tucson has become the second best-selling model in September - right after the Getz, selling 8,750 units," said Werner H. Frey. "Combining the new Tucson with the sales strength of the award- winning Santa Fe (3,330 units), which achieved a top ranking in the J.D. Power and Associates 2004 Initial Quality Study, we really offer our customers an outstanding value in the SUV segment." he added.