Don’t miss the latest developments in business and finance.

Hyundai reports 10.4 per cent growth in domestic sales

Image
BSMotoring Desk
Last Updated : Jun 02 2016 | 6:32 PM IST

Hyundai Motor India Ltd, the country’s leading car manufacturer and the largest passenger car exporter registered domestic sales of 41,351 units in May 2016, a growth of 10.4%.




Commenting on the May sales Mr. Rakesh Srivastava, Sr. Vice President Sales and Marketing, Hyundai Motor India Ltd. said, “In a market seeing challenges of stressed rural demand and uncertainty on diesel vehicles, Hyundai volumes grew by 10.4 percent with sales of 41,351 units,” said Rakesh Srivastava, senior vice-president, sales and marketing, Hyundai Motors. “We are continuing the buildup of positive growth momentum on the strengths of strong performance of the three Indian Car of the Year brands Creta, Elite i20 and Grand i10 with heightened expectations of increase in demand on the predictions of good monsoon.”

Source : BS Motoring

More From This Section

First Published: Jun 02 2016 | 6:31 AM IST

Next Story