Search This Blog

Sunday, May 25, 2008

Hyundai sales increase in India (IN)

Despite dismal sales from Japan with only 22 units sold last month, Hyundai India has sold over 40,000 cars in India compared to 27,069 units in the same month in 2007. Sales were up by 47.8%. The domestic car sales last month was 21,501 units and 18,500 of those units were exported.

“HMIL sales for April had been robust with a very healthy growth and we feel that the budget has been a contributory factor. The i10 too has done exceedingly well to establish itself as a major player in this segment with domestic sales alone accounting for over 50,000 units in just six months which is the fastest ever for any model and with the highest growth rate in this segment things are looking good for HMIL,” commented Arvind Saxena, Senior VP for Marketing and Sales.

Hyundai marks its strong presence in the small car market with the i10, Santro and Getz.

Related link:

0 comments:

Post a Comment