HYUNDAI SALES TO MILITARY SKYROCKET
HYUNDAI SALES TO MILITARY SKYROCKET FOUNTAIN VALLEY, Calif., June 23 /PRNewswire/ -- Hyundai Motor
America today announced sales to the military had jumped from 4 percent in 1986, when Hyundai entered the United States, to 15.7 percent of Hyundai's business in December of 1991.
"Partial credit goes to the military incentives we instituted during and after Desert Storm and that young people in the military know good value and dependability when they see it," said Rod Hayden, executive vice president and chief operating officer of Hyundai Motor America. After Desert Storm, rebates of $300 were extended to anyone who could show current, active military identification. Recently, Hyundai was honored by President Bush for donating 1 million dollars to the Korean War Memorial. Hyundai Motor America has always shown its support for the military in appreciation for the United State's assistance during the Korean conflict. Hyundai manufactures the economical Excel, sporty Scoupe, compact Elantra and midsize Sonata and has been doing business in the United States since 1986, having sold more than a million vehicles. -0- 6/23/92 /CONTACT: Debbie Douglas of Hyundai Motor America, 714-965-3856/ CO: Hyundai Motor America ST: California IN: AUT SU: AL -- LA015 -- 2940 06/23/92 15:09 EDT
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|Date:||Jun 23, 1992|
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