Hyundai 2007 Annual Report Download - page 8

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06 Letter from the Vice Chairman
Dear stakeholders,
The past year was a challenging yet rewarding one for Hyundai Motor Company. We listened to what our
employees had to say and answered with a strong collective wage agreement. We improved our
management practices on a global scale and raised our standing among the world’s leading automakers.
We sincerely thank our shareholders, employees, partners and customers who made the past year
possible.
A review of our achievements in 2007 demonstrates our commitment to sustainable growth in both
domestic and international markets:
(1) Consumers and critics from all corners of the globe recognized the continuous improvements in the
quality of our vehicles. Auto Pacific named Grandeur, Santa Fe and Tucson first in their class in the Vehicle
Satisfaction Awards, while Avante and Santa Fe were named Top Picks by Consumer Reports. In Spain,
i30 earned Car of the Year honors and became the best-selling Asian import.
(2) After our 2005 debut on the chart of the global top 100 brands, Hyundai Motor Company has steadily
improved its standing year-on-year and was listed in 2007 as the world’s 72nd most valuable brand with a
net worth of US$4.5 billion. And the trend is looking upward.