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Hyundai Reported 4.3 Percent Growth in Sales

By Motortrend India Staff   |   01 February,2013

Hyundai Motor India Ltd (HMIL) has reported 4.25 percent growth in cumulative sales for the month of January 2013. The Company has sold 34,302 vehicles in January 2013 as compared to 33,900 cars sold in Jan. 2012 in the domestic market which depicts a growth of 1.2 percent. The exports of the company stood at 17,722 units in January 2013 as compared to 16,001 vehicles sold in January 2012 which clearly shows a hike of 10.8 percent. The cumulative sale for the last month stood at 52,024 units whereas it was 49,901 units for the month of January 2012.

Commenting on the sales, Mr. Rakesh Srivastava, Vice President (Sales and Marketing, HMIL) said, “The market was subdued on account of macro-economic factors. For Hyundai the year has started on a positive note with growth in its domestic and export sales. The change in price differential between petrol and diesel prices has increased interest in petrol cars, reflecting in the waiting period of models like Eon, i20 and Verna petrol. Marketing initiatives in the rural markets are bringing volume growth.”

The company has sold 45,297 vehicles from the A2 segment that comprises of Eon, Santro, i10 and i20; 6,164 vehicles from A3 Segment which includes Accent and Verna; 488 units from A4 segment (Elantra), 20 units from A5 segment (Sonata) and 55 units of the SUV- Santa Fe.

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