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Hyundai domestic sales up by 19.2%

Hyundai domestic sales up by 19.2%
Written by Parichay Malvankar

Hyundai Motor India Ltd. (HMIL), India’s second largest car manufacturer and the largest passenger car exported registered 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.

This is a 19.2% growth and is a result of the successful sales performance of the Elite i20, Xcent and the Gran i10. Hyundai expects that the festive season should see a much stronger performance. Also, the brand is now more positive towards the petrol powered cars.

Hyundai sold 28,311 units in August 2013 compare to the 33,750 units in August 2014 in the domestic market. Exports however have gone down by 40.2%, which stands at 14,361 units as of August 2014 compare to 24,008 units in August 2013. This is because Hyundai had recently stopped exporting to the European countries to deliver faster to the domestic market.

HMIL currently has 397 dealers and more than 1,045 service points across India. It currently has ten car models across segments – Eon, Santro, i10, Grand i10, i20, Xcent, Verna, Elantra, Sonata and Santa Fe.