Hyundai Motor Reports July Global Sales

- Global sales up 36.6% Y-o-Y to 262,623 units
- Korea domestic sales rise 15.4%
- Overseas sales rise for the first time in seven months

(Seoul, Korea, August 3. 2009) Hyundai Motor Company, South Korea�fs largest automaker, posted a 36.6 percent rise in July global sales compared to a year earlier.

Domestic sales rose 15.4 percent to 60,638 units in July from 52,535 units a year earlier. This can be attributed mainly to the tax benefits offered by the Korean government to consumers who exchange their vehicles older than 10 years for new ones. The launch of new products such as the revamped Santa Fe and Elantra LPI Hybrid model helped sales as well, while more business days, compared to the same month last year, also influenced the results.

For the first time in seven months, total overseas sales, including both exports from Korea and sales from overseas plants, rose by 44.5 percent to 201,985 units in July, up from 139,772 units a year earlier, aided by brisk sales of Hyundai�fs overseas plants in China, India and Czech Republic, which began its full operation.

Exports from Korea rose 37.2 percent to 82,732 units for the month compared to a year earlier, while sales from overseas plants rose 50.1 percent to 119,253 units. The gains came from increased supplies from domestic plants as there were no summer holidays and strikes this July, compared to the same month last year.

Demand for small- and medium-sized cars in the global market is expected to rise in the second half of this year. Hyundai Motor will respond to the changing market demands by increasing supplies of those cars and continuously expanding marketing activities to suit local markets.