The country’s second largest car maker and largest passenger car exporter, Hyundai Motor India Ltd sold a total of 55,713 units in June 2016. Of the total units sold in the month, contribution of domestic market was 39,806 while the exports stood at 15.907 units. While the cumulative year-on-year growth was 7 percent, the company registered a strong 9.7% increase in its domestic sales.
Mr. Rakesh Srivastava, Sr. Vice President Sales and Marketing, Hyundai Motor India Ltd. said, “Hyundai volumes grew by 9.7% with sales of 39,806 units with strong pull performance of volume models the Grand i10, Elite i20 & Creta and on the buildup of positive environment with good beginning of monsoons, the announcement of 7th Pay commission for Central Government Employees.”
In a bid to further increase its sales in the country, the company is planning to bring in the new-generation model of the Hyundai Elantra and Tucson this year. Though the company hasn’t yet revealed the exact launch timeline of these vehicles, we expect them to be rolled out during this year’s festive season. Earlier this year, the company had rolled out special editions of the Grand i10 and the Xcent to celebrate its 20 years in India.
|HMIL sales||June 2015||June 2016||(%)|