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Hyundai India Achieves Domestic Sales of 5 Lakh Units

By   |   02 January,2017

Hyundai Motor India announced that it has first time achieved sales milestone of 5,00,537 units in CY 2016, an increase from the 4,76,001 units sold in CY 2015. This represented a growth of 5.2% for the South Korean car maker.

However, during the same period, exports of the company declined by 3.4% from 1.67 lakh units in CY 2015 to 1.61 lakh units in CY 2016. Commenting on the performance in Calendar Year 2016, Y.K. Koo, MD & CEO, Hyundai Motor India said: 2016 has been a Year of Excellence for Hyundai in India achieving various milestones; Celebrating 20 years in India, the roll out of the 7 millionth car in November, crossing 5 lakh domestic sales in CY2016 and the fastest 50,000 unit sales in the month of October.

He added: Hyundai brands have also scored top rankings in both quality and design parameters in IQS and APEAL studies. Hyundai, a lifetime partner in automobile and beyond, will continue to bring world-class products and services to the customers and be a socially responsible corporate to realize long term vision of being the most loved and trusted brand.

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