Hyundai Motor's January sales up 4.25 percent

Last Updated: Fri, Feb 01, 2013 09:40 hrs

New Delhi, Feb 1 (IANS) Hyundai Motor Friday reported a 4.25 percent increase in January sales at 52,024 units from 49,901 units sold in the same period of 2012.

The company's domestic sales marginally grew by 1.2 percent at 34,302 units from 33,900 units sold in the corresponding month of last year.

However, company's exports zoomed by 10.8 percent in the month under review, and stood at 17,722 units from 16,001 units shipped out in November 2011.

"For Hyundai the year has started on a positive note with growth in its domestic and export sales," said Rakesh Srivastava, vice president, sales.

"The change in price differential between petrol and diesel prices has increased interest in petrol cars, reflecting in the waiting period of models like Eon, i20 and Verna petrol," Srivastava said, adding that marketing initiatives in the rural markets are bringing in volume growth.

Segment-wise, cumulative sales of A2 segment, which includes hatchback majors like Eon, Santro, i10, i20, were 45,297 units, followed by the A3 sedan segment, which includes Accent and Verna at 6,164 units.

The A4 luxury segment sedan of Elantra were at 488 units, while A5 Sonata at 20 units and sports utility vehicle (SUV) Santa Fe was at 55 units.

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