The country's second largest car-maker Hyundai Motor India today reported a 4.77% decline in total sales to 52,007 units in February, 2011.
The company sold 54,610 units in the year-ago period, Hyundai Motor India (HMIL) said in a statement.
In the domestic market, the company's sales increased by 5.25% to 32,629 units from 31,001 units in the same month last year, it added.
Exports of the company also fell by 17.92% to 19,378 units from 23,609 units in the year-ago period, the statement said.
"While the industry growth spurred by new products might be unusually high, Hyundai recorded positive growth supported by steady sales of its compact cars. We expect the average industry growth rate to stabilise in the future months," HMIL Director (Marketing and Sales) Arvind Saxena said.
In the A2 segment (Santro, i10 and i20), the company sold 47,167 units, while in the A3 segment (Accent and Verna) sales amounted to 4,685 units.
In the A5 segment (Sonata Transform), HMIL witnessed sales of 29 units, while its new Santa Fe SUV attracted 126 buyers during the month.
