Hyundai Motor India Ltd, the country’s second largest car manufacturer and the largest passenger car exporter continued its strong performance in the domestic market with sales of 28,301 units in the month of October, 2009. The exports however saw sales dip by 11.9%.

HMIL’s total sales for October, 2009 stood at 51,736 units against 46,596 units in October, 2008 registering 11% cumulative growth. The domestic sales grew at a healthy 41.4% and accounted for 28,301 units as against 20,009 units in October, 2008 while the overseas sales dipped by 3,152 units to 23,435 units in October, 2009. The export had registered 26,587 units of sale in October, 2008 - drop of 11.9%.

Commenting on October, 2009 sales Arvind Saxena, Sr. Vice President - Marketing and Sales, HMIL said, “The festive period of the last two months generated strong sales and has given the Indian automobile industry some respite from the sluggish performance of the last few months and now it looks that this period of strong sales would propel the industry in to a positive double digit growth for the remainder of the year. This might be the turning point the Indian automotive industry has been waiting for”.

The segment-wise cumulative sales in the month of October, 2009 are as follows: A2 Segment (Santro, i10, Getz & i20) 47,407 units; A3 Segment (Accent & Verna) 4,285 units; A5 Segment (Sonata Transform) 44 units; and SUV Segment (Tucson) 0 unit.

Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company, South Korea and is the second largest car manufacturer and the largest passenger car exporter from India. HMIL presently markets 54 variants of passenger cars across segments including the i20 CRDi and i20 Automatic variants. The Santro in the B segment, the Getz Prime, i10 and the Premium hatchback i20 in the B+ segment, the Accent and the Verna in the C segment, the Sonata in the E segment and the Tucson in the SUV segment.

Courtesy: Hyundai Motor India

Best Selling Hyundai Cars:
Hyundai Santro
Hyundai Santro Xing
Hyundai Getz Prime
Hyundai Verna
Hyundai Sonata Embera
Hyundai i10
Hyundai Accent
Hyundai Elantra
Hyundai Tucson
Hyundai i20

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Hyundai India registers 25% YOY growth in Sept 2009

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Posted by Naresh Koshti on 2 November, 2009 11:19:11 AM IST #