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Hyundai Motor America 10550 Talbert Ave, Fountain Valley, CA 92708 MEDIA WEBSITE: HyundaiNews.com CORPORATE WEBSITE: HyundaiUSA.com FOR IMMEDIATE RELEASE

HYUNDAI I10 WINS ALL THE 'CAR OF THE YEAR' AWARDS INCLUDING THE PRESTIGIOUS ICOTY

Meeyoung Song Product Public Relations Manager +82+2­3464­2156 [email protected]

ID: 28792

NEW , April 4, 2008 ­ The all new Hyundai i10 has bagged the title of the ‘Indian Car of the Year 2008’ – (ICOTY) at a glittering award function held in . Over the last two years, the awards have proved to be the benchmarks for auto excellence in India and are widely recognized as the most trusted word on automobiles for consumers, manufacturers and auto experts alike. Hyundai i10 was the unanimous choice of experts as well as customers alike.

The most coveted of the Auto Awards, the ICOTY award has been instituted by all the prominent automotive magazines in the country like Autocar India, Auto India, Motoring, Car India, Overdrive and Top Gear, and the jury comprises of the senior most motoring journalists in India. The purpose of the award is to recognise and choose the car which best symbolises quality, driveability and performance.

Expressing joy on receiving the award, H S Lheem, Managing Director, HMIL, said, “At a time when the market is crowded with a slew of new products, Hyundai i10 has emerged as a clear winner. i10’s victory denotes the acceptance and popularity of Hyundai Motor India as a brand that has won over its customers by its excellence in technology, performance, eye for detailing. It’s an honour for us to receive these awards as Hyundai i10 was launched recently and we have received overwhelming response from our customers, dealers and the media across India and abroad”

Factors such as fuel efficiency, ride, handling, safety, comfort, driver satisfaction and price were taken into consideration before the cars were ranked on a 25­point scale, where a maximum of 10 points was given to a car. The eligibility process also required that all competing cars were new models launched in the calendar year 2007. Cars that were adaptations of existing models with mere cosmetic changes or those with just engine and transmission swaps, for instance, were not eligible.The car with the maximum points simply emerges as the winner. And in this case, it was Hyundai i10. Further, the award provides an impetus to carmakers to introduce contemporary and safe models in India.

Hyundai’s i10 has already captured the entire gamut of the most prestigious of Indian automobile awards with its distinction and performance. It has received a total of 4 ‘Car of the Year’ awards from Business Standard Motoring, CNBC TV18 Autocar, NDTV Profit Car and Bike India and Overdrive magazine. The car also made a clean sweep of the ‘Viewers’ Choice’ award bagging the Viewers’ Choice awards as well as the ‘Small car of the Year’ by NDTV Profit Car & Bike India.

Since it launch in India on 31, 2007 the i10 has received an overwhelming response from not only the media but from car buyers across the globe as well. In the domestic market in India it has sold over 45,000 units while from its overseas market HMI has received orders for around 72,000 units in a short span of 3 months since its European debut at the Bologna Motor Show in December, 2007.

Established in 1967, Hyundai Motor Co. has grown into the Hyundai­Kia Automotive Group which was ranked as the world’s sixth largest automaker in 2006 and includes over two dozen auto­related subsidiaries and affiliates. Employing over 75,000 people worldwide, Hyundai Motor posted sales of US$68.5 billion in 2006 on a consolidated­basis and US$32.8 billion on a non­ consolidated basis in 2007 (using the average currency exchange of 929 won per US dollar). Hyundai vehicles are sold in 193 countries through some 6,000 dealerships and showrooms. Further information about Hyundai Motor Co. and its products is available at http://www.hyundai­motor.com

### Hyundai Motor America 10550 Talbert Ave, Fountain Valley, CA 92708 MEDIA WEBSITE: HyundaiNews.com CORPORATE WEBSITE: HyundaiUSA.com FOR IMMEDIATE RELEASE

HYUNDAI I10 WINS ALL THE 'CAR OF THE YEAR' AWARDS INCLUDING THE PRESTIGIOUS ICOTY

Meeyoung Song Product Public Relations Manager +82+2­3464­2156 [email protected]

ID: 28792

NEW DELHI, April 4, 2008 ­ The all new Hyundai i10 has bagged the title of the ‘Indian Car of the Year 2008’ – (ICOTY) at a glittering award function held in Mumbai. Over the last two years, the awards have proved to be the benchmarks for auto excellence in India and are widely recognized as the most trusted word on automobiles for consumers, manufacturers and auto experts alike. Hyundai i10 was the unanimous choice of experts as well as customers alike.

The most coveted of the Auto Awards, the ICOTY award has been instituted by all the prominent automotive magazines in the country like Autocar India, Auto India, Business Standard Motoring, Car India, Overdrive and Top Gear, and the jury comprises of the senior most motoring journalists in India. The purpose of the award is to recognise and choose the car which best symbolises quality, driveability and performance.

Expressing joy on receiving the award, H S Lheem, Managing Director, HMIL, said, “At a time when the market is crowded with a slew of new products, Hyundai i10 has emerged as a clear winner. i10’s victory denotes the acceptance and popularity of Hyundai Motor India as a brand that has won over its customers by its excellence in technology, performance, eye for detailing. It’s an honour for us to receive these awards as Hyundai i10 was launched recently and we have received overwhelming response from our customers, dealers and the media across India and abroad”

Factors such as fuel efficiency, ride, handling, safety, comfort, driver satisfaction and price were taken into consideration before the cars were ranked on a 25­point scale, where a maximum of 10 points was given to a car. The eligibility process also required that all competing cars were new models launched in the calendar year 2007. Cars that were adaptations of existing models with mere cosmetic changes or those with just engine and transmission swaps, for instance, were not eligible.The car with the maximum points simply emerges as the winner. And in this case, it was Hyundai i10. Further, the award provides an impetus to carmakers to introduce contemporary and safe models in India.

Hyundai’s i10 has already captured the entire gamut of the most prestigious of Indian automobile awards with its distinction and performance. It has received a total of 4 ‘Car of the Year’ awards from Business Standard Motoring, CNBC TV18 Autocar, NDTV Profit Car and Bike India and Overdrive magazine. The car also made a clean sweep of the ‘Viewers’ Choice’ award bagging the Aaj Tak Viewers’ Choice awards as well as the ‘Small car of the Year’ by NDTV Profit Car & Bike India.

Since it launch in India on October 31, 2007 the i10 has received an overwhelming response from not only the media but from car buyers across the globe as well. In the domestic market in India it has sold over 45,000 units while from its overseas market HMI has received orders for around 72,000 units in a short span of 3 months since its European debut at the Bologna Motor Show in December, 2007.

Established in 1967, Hyundai Motor Co. has grown into the Hyundai­Kia Automotive Group which was ranked as the world’s sixth largest automaker in 2006 and includes over two dozen auto­related subsidiaries and affiliates. Employing over 75,000 people worldwide, Hyundai Motor posted sales of US$68.5 billion in 2006 on a consolidated­basis and US$32.8 billion on a non­ consolidated basis in 2007 (using the average currency exchange of 929 won per US dollar). Hyundai vehicles are sold in 193 countries through some 6,000 dealerships and showrooms. Further information about Hyundai Motor Co. and its products is available at http://www.hyundai­motor.com

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