Latest Car News in India

Monday, September 01, 2014

By Kriti Gupta

Domestic sales of Hyundai Motors India Limited high by 19.2 percent

Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter registered the domestic sales of 33,750 units and exports of 14,361 units with cumulative sales of 48,111 units for the month of August 2014. Commenting on the August sales Mr. RakeshSrivastava, Sr. VP- Sales and Marketing, HMIL said, “Hyundai continued to build on the positive momentum with the growth of 19.2% with an overwhelming response for the new products such as Elite i20, Xcent and the Grand. We maintain a cautious optimism for a good festive season on the strength of new products, increase in demand for petrol cars and improving customer sentiments.”
HMIL sales August 2013 August 2014 %
Domestic 28,311 33,750 19.2
Exports 24,008 14,361 - 40.2
Cumulative 52,319 48,111 -8

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