Latest Car News in India

Wednesday, October 01, 2014

By Manoj Kumawat

HMIL records hike of 14.5% in domestic sales

Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter registered the domestic sales of 35,041 units and exports of 16,430 units with cumulative sales of 51,471 units for the month of September 2014.  Commenting on the September sales Mr. RakeshSrivastava, Sr. VP- Sales and Marketing, HMIL said, “Hyundai volumes have grown by 14.5 % for September and 12.8%for first half of the yearwith strong performance of new models lead by 8,902 units of new Elite i20. In this festive season, we are seeing a significant increase in first time buyers and exchange buyers which is very encouraging as it will accelerate the positive momentum already being experienced in the last few months.”
HMIL sales September 2013 September 2014 (%)
Domestic 30,601 35,041 14.5%
Exports 20,816 16,430 -21.1%
Cumulative 51,417 51,471 0.1%

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