Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer, registered cumulative sales of 49,069 units for the month of December 2013. The domestic sales accounted for 28,345 units with a growth of 6.2 percent and Exports stood at 20,724 units.
“Year 2013 was very challenging and rewarding. With December retails of 45,911 units, Hyundai achieved its Annual Business Plan and highest Market Share since inception. Manufacturing operated at 99 percent capacity utilization and had the fastest 5 million rollout in India.” said Rakesh Srivastava, the Senior Vice President of Sales & Marketing at Hyundai Motor India Limited, commenting on the sales of the company.
Mr. Srivastava went on to say, “Hyundai launched the new model Grand on new global platform, made strong initiatives in Rural & Exchange sales to increase its market share. In 2014, Hyundai will launch many new products and new initiatives to build further on this positive momentum".