Hyundai's domestic sales jump 17% in Aug

The country's second largest carmaker, Hyundai Motor India, today reported a jump of 17.21 per cent at 28,601 units in its domestic sales for August 2010.

The company had sold 24,401 units in the domestic market in August 2009, Hyundai Motor India Ltd (HMIL) said in a statement.

The company's total sales increased by 2.25 per cent at 50,636 units against 49,521 units in the year-ago period.

Exports of the company, however, fell by 12.28 per cent to 22,035 units from 25,120 units in the year-ago period, the statement said.

"The domestic demand continues to be strong and we have constraints in production due to some components supply... We expect the demand in the domestic market to be even stronger in the coming festival season," HMIL Director (Marketing and Sales) Arvind Saxena said.

The company is changing its "production mix" to meet this increased demand in the domestic market, he said without giving details.

In its A2 segment (Santro, i10 and i20), the company sold 45,804 units, while in the A3 segment (Accent and Verna) sales were at 4,806 units.

The A5 segment (Sonata Transform) of HMIL witnessed sales of 26 units, while its SUV Tucson received no buyer during the month.