The second largest car manufacturer in India, Hyundai Motor India Ltd., registered cumulative sales of 49,681 vehicles during the month of November, 2013. Out of this figure, domestic sales accounted for 33,501 units and exports stood at 16,180 vehicles.
Commenting on the sales, Mr. Rakesh Srivastava, the Senior Vice President of Sales and Marketing at Hyundai Motor India Limited said, “At Hyundai, the strong focus on channel efficiency & the addition of the successful new model, Grand (i10), with sales of 11,007 units along with the strong product portfolio has increased the cumulative market share of Hyundai cars to an all-time high in a declining industry. After the festival season market has been sluggish due to unfavourable macro-economic factors and the low market sentiments resulting lower customer enquiries.”
Although compared to the cumulative sales figure of the same period last year, this year’s figure was down by 10.9%, the overall market share of Hyundai cars in the Indian automotive scene has increased.