Latest Car News in India

Tuesday, July 01, 2014

By Kamal Swami

Sales of HMIL records growth in month of June

Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter registered the domestic sales of 33,514 units and exports of 17,004 units with cumulative sales of 50,518 units for the month of June 2014.
Hyundai Xcent Front View Picture
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Commenting on the June sales Mr. Rakesh Srivastava, Sr. VP- Sales and Marketing, HMIL said, “Hyundai with a volume of 33,514 units has grown by 9.5% over last year on the phenomenal success of Xcent, Grand and Santa Fe.  With the extension of excise duty benefit, we hope to maintain the growth in volume while strengthening our product portfolio and improving channel efficiencies.”
HMIL sales June 2013 June 2014 (%)
Domestic 30,610 33,514 9.5
Exports 24,055 17,004 -29.3
Cumulative 54,665 50,518 -7.6

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