New Product Launch

8 Jan 2008 07:06

Hyundai Motor Company08 January 2008 HYUNDAI MOTOR COMPANY (HMC) Corporate Disclosure to Korea Stock Exchange Disclosure Date : January 08, 2008 Disclosure Title : Business and Management Plan * The below plan summary may be subject to change in the future 1. Type of plan : New Product Unveiling-Genesis 2. Features : - All new Rear-Wheel Drive Platform - Equipped with the V6 Lambda Engine - Rear-Wheel Drive 6-speed Automatic Transmission - High Performance 5-Link Suspension - EAS (Electronically-controlled Air Suspension) - Equipped with different types of the latest technology And comfort features 3. Expected Start of Sales Launch : - Korea : Directly after new car launching event - Overseas : 2H 2008 4. Estimated Investments : - Development Cost : Total KRW 500 billion - Development Period : 4 Years 5. Sales Volume Target : - 2008 : Korea 35,000 units; Overseas 20,000 units - 2009 : Korea 35,000 units; Overseas 45,000 units 6. Launching Date : January 08, 2008 7. Others : - The !(R)Sales Volume Target! in #5 above may be subject to change depending on business and market conditions. - For more information, please refer to the Hyundai Motor Company homepage at http://www.hyundai-motor.com This information is provided by RNS The company news service from the London Stock Exchange