Latest Car News in India

Monday, June 02, 2014

By Manoj Kumawat

HMIL witnesses growth in Domestic Sales during the month of May 2014

Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter registered the domestic sales of 36,205 units and exports of 15,513 units with cumulative sales of 51,718 units for the month of May 2014.  
 
Commenting on the May sales Mr. Rakesh Srivastava, Sr. VP- Sales and Marketing, HMIL said, “Hyundai with a volume of 36,205 units has grown by 12.8% over last year which is in line with this year’s objective to grow in market share and volume. The phenomenal success of Xcent, Grand and Santa Fe increased volumes creating positive momentum. We foresee to maintain this positive trend by strengthening our product portfolio and improving channel efficiencies.”
 
HMIL sales May 2013 May 2014 (%)
Domestic 32,102 36,205 12.8
Exports 24,754 15,513 -37.3
Cumulative 56,856 51,718 -9

Comments 1

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Jai

Monday, June 02, 2014

Hyundai is playing very intelligently since inception, they have analysed the indian market very well, according the need they launch the car. Keep rocking Hyundai

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