Latest Car News in India

Monday, October 01, 2012

By Shilpa Chopra

Hyundai India exports up by 3.9 per cent

Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter, registered around 3.9% growth in Exports for the month of September 2012. The domestic sales accounted for 30,851 units compared to 35,955 units for the same month last year.

Commenting on the sales, Mr Rakesh Srivastava, Vice President, National Sales, HMIL said, “We expect the suppressed demand would improve on account of festive purchases as the demand peaks during this period. The neo Hyundai Elantra, a modern premium brand has received an overwhelming customer response making it a top performer in the executive segment.”

 

HMIL Sales
    

September 2011
    

September 2012
    

Growth%

Domestic
    

35,955
    

30,851
    

-14.2%

Exports
    

21,849
    

22,707
    

              3.9 %

Cumulative
    

57,804
    

53,558
    

-7.3%

 

The segment-wise cumulative sales for September 2012 are: A2 segment 46,414 units (Hyundai Eon, Hyundai Santro, Hyundai i10, Hyundai i20); A3 Segment 6,287 units (Hyundai Accent and Hyundai Verna); A4 Segment 781 units (Elantra) ; A5 segment 20 units (Hyundai Sonata); SUV 56 units (Hyundai Santa Fe).

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