Latest Car News in India

Tuesday, April 01, 2014

By Kamal Swami

Hyundai Sales increases by 3.4%

Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter registered the domestic sales of 35,003 units and exports of 16,705 units with cumulative sales of 51,708 units for the month of March 2014.  
Hyundai Xcent Pictures
Commenting on the March sales Mr. Rakesh Srivastava, Sr. VP- Sales and Marketing, HMIL said, “Post the reduction of excise duty and with the strong performance in compact segment; Hyundai registered March sales of 35,003 units with a growth of 3.4% over corresponding month indicating a build-up of positive momentum.”
HMIL sales March 2013 March 2014 (%)
Domestic 33,858 35,003 3.4
Exports 22,579 16,705 -26
Cumulative 56,437 51,708 -8.4


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