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Inverstors News

Tucson Launching (Compact SUV)

2004.03.23 No. 225
1. Model Description : a 5-seat Compact SUV that is an optimum combination of
    a Sedan and SUV that satisfies both on-road and off-road performance.

2. Launching Information :
    - Date : March 23, 2004 (Tuesday)
    - Place : Lotte World Ice Rink, Seoul, Korea

3. Market Availability Date : March 24, 2004 (Wednesday)

4. Development Information :
     - Development Period : 25 months
     - Development Budget : KRW 210,000,000,000

5. Sales Target :
     - 2004 : Total 120,000 units
       A. Domestic - 40,000 units
       B. Exports - 80,000 units
    - 2005 : Total 200,000 units (Expected)

6. Expected Effects : To offer a full SUV line-up for the company, consisting of
the tradition SUV Terracan, SUV Sedan Santa Fe, and Compact SUV Tucson,
in order to :
    A. Increase the company`s SUV sales within the expanding SUV market worldwide.
    B. Expand model selection for export markets.
    C. Contribute to the sales of high value-added vehicles.

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