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.December 08, 2004
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This Week:

• Porsche(R) Reveals New 911 Cabriolets for 2005

• Explorer Sport Trac concept: More Powerful, More Versatile, More Advanced

• GM To Reduce Stationary CO2 Emissions 8 Percent By 2005

• BMW Group's Year-To-Date Sales Increase 5.9 Percent

• Toyota to Create Consolidated R&D and Manufacturing Operations

• Saab to Launch 9-5 BioPower Flex-Fuel Vehicle in Sweden

• Mercedes Car Group: Sales of Mercedes-Benz and smart vehicles up sharply in November 2004

• Hyundai Boosted Sales Growth in Europe

• Mondeo 2.5 V6 Wins China's 2005 Car Of The Year

• Maybach expands its Asian sales network by establishing a new Center in Shanghai

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Hyundai Boosted Sales Growth in Europe

• Cumulative sales of 309,250 until November are just another historic milestone achievement for Hyundai in Europe this year.

• Brand profile of Hyundai sharpens as product & service quality become more widely known.

In Europe, where demand for passenger cars increased only little, Hyundai's registrations grew by 34 percent until the end of November, for a market share of 2.2 percent, compared with 1.7 percent in November last year.

In November, Hyundai sold 27,540 units in Europe: 16,293 passenger cars, 10,327 recreational vehicles (SUV and MPV), and 920 LCV.

In a statement, President Kwang Heum Um of Hyundai Motor Europe GmbH attributed the sales growth in part to the growing recognition of Hyundai's product quality. He regards the strengthened dealer and distribution system in Europe as another major contributing factor, since this added customer confidence in Hyundai's sales- and after sales services - critical factors for the company's sustained success.

"The critical drivers for our growth are the combination of our market competence and our market fitness", said Um. "We are tailoring products to regional markets with a technology concept, that allows us to develop outstanding qualitative cars. We not only exactly meet the needs of a wide group of buyers, but complement these with services that are the decisive extra for consumer to become Hyundai customers."

(December 2, 2004)