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Hyundai maintains sales growth

Source : IBNS
Last Updated: Sat, Dec 01, 2012 11:51 hrs

Hyundai Motor India Ltd (HMIL), the country's second largest car manufacturer and the largest passenger car exporter accounted the domestic sales of 34,751 units (35,000 units) and Exports of 21,011 units (22,071 units).

The aggregate sales stood at 55,762 units (57,071units).

Commenting on the November sales, Rakesh Srivastava, Vice President- Marketing and Sales, HMIL, said, "The adverse market conditions due to high interest rates and inflation continued to pose challenges for growth. Increased diesel fuel price temporarily affected the strong momentum of diesel car sales.



"However, the festival season stimulated sales of petrol cars. Eon demand continues to grow month on month leading to supply challenges."

The segment- wise cumulative sales for November 2012 are: A2 segment 48,650 Units (Eon, Santro, i10, i20); A3 Segment 6,526 units (Accent and Verna); A4 Segment 513 units (Elantra); A5 segment 20 units (Sonata); SUV 53 units (Santa Fe).

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