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Hyundai Motor India starts new year on a positive note

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Announcement Corporate
Last Updated : Jan 21 2013 | 1:47 AM IST
  • Domestic clocks 29,601 units; highest ever for HMIL
  • Cumulative grows by 41.6%

Hyundai Motor India Ltd, the country’s second largest car manufacturer and the largest passenger car exporter began the year on a positive note as both domestic and overseas sales recorded a positive growth. While domestic sales registered a growth of 40.8%, exports increased by 42.6% and overall growth stood at 41.6% for the month ending January, 2010.

HMIL’s total sales for January, 2010 stood at 52,635 units as against 37,171 units in January, 2009 registering 41.6% cumulative growth. The domestic sales growth accounted for 29,601 units (which is the highest since 1998 when HMIL launched the Santro in September) as against 21,016 units in January, 2009 while the exports grew from 16,155 units in January, 2009 to 23,034 units in January, 2010.

Commenting on HMIL’s performance Arvind Saxena, Director - Marketing and Sales, HMIL commented, “We have started the year on a right note and we hope the momentum will continue with the help of the stimulus package offered by the government.”

The segment-wise cumulative sales for the month of January, 2010 are as follows: A2 Segment (Santro, i10, Getz & i20) 47,104 units; A3 Segment (Accent & Verna) 5,502 units; A5 Segment (Sonata Transform) 29 units; and SUV Segment (Tucson) 0 unit.

 

 

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First Published: Feb 01 2010 | 6:06 PM IST

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