Business Standard

Hyundai domestic sales up 34% in Aug

Image

Press Trust of India New Delhi

Car maker Hyundai Motor India Ltd (HMIL) today reported a 33.91 per cent jump in domestic passenger car sales during August at 21,610 units as against 16,138 units in the corresponding month of 2007.     

The company's cumulative sales (including exports) during August were up 57.46 per cent at 44,710 units compared to 28,394 units in the same month a year ago, Hyundai Motor India said in a statement.     

Its exports for the month accounted for 23,100 units compared to 12,256 units during the same month previous year, a growth of 88.48 per cent.     

HMIL sold 38,477 units of hatchbacks Santro, Getz Prime and i10, 6,193 units of Accent and Verna, 37 units of Sonata Embera and 3 units of its SUV Tucson during August.      

"Looking at the current market scenario, we are happy with Hyundai overall sales and this again reinforces our belief that if you have a strong product portfolio, it will see you through even in tough times," HMIL Senior Vice- President (Marketing and Sales) Arvind Saxena said.     

 

In the coming months, the company expected the economic conditions to improve, so that the industry would stabilise, he added.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Sep 01 2008 | 5:35 PM IST

Explore News