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Hyundai domestic sales up by 8.8pc

Posted on May 01 2014 | IBNS

New Delhi, May 1 : Hyundai Motor India Ltd (HMIL), the country's second largest car manufacturer and the largest passenger car exporter, registered the domestic sales of 35,248 units and exports of 14,974 units with cumulative sales of 50,222 units for the month of April 2014.

Commenting on the April sales, Rakesh Srivastava, Sr. VP- Sales and Marketing, HMIL, said, "Hyundai with a volume of 35,248 units has grown by 8.8pc over last year which is in line with this year's objective of growth in volume and market share."

"Growth is led by sedan and utility vehicles across geographies, with new products Xcent, Grand and Santa Fe, adding volumes with an overwhelming response from customers.

"We foresee to maintain this positive momentum in this year by strengthening product portfolio and improving channel efficiencies," he said.

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