New Delhi: The country’s second-largest carmaker, Hyundai Motor India, on Monday reported a 53.94% jump in domestic passenger car sales in July at 23,193 units as against 15,066 units in the same month of 2008.
The company’s cumulative sales (including exports) during July were up 25.98% at 45,543 units compared with 36,152 units in the same month a year ago, Hyundai Motor India Ltd (HMIL) said in a statement.
Its exports for the month accounted for 22,350 units as against 21,086 units during the same month previous year, a rise of 5.99%.
The company sold 41,779 units of hatchbacks Santro, Getz Prime, i10 and i20, 3,720 units of Accent and Verna and 44 units of Sonata Transform during July.
“HMIL registered a steady growth rate in the month of July and it seems the market is stabilizing at this point,” HMIL senior vice-president (marketing and sales) Arvind Saxena said.
Strong demand for its latest models i20 has helped HMIL in maintaining its share in the domestic market, he added.
“In the coming months, we hope to see both the export and the domestic market picking up, specially with the festival season starting next month,” Saxena said.