Hyundai India ride high on domestic sales, exports decline

Hyundai India ride high on domestic sales, exports decline
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First Published: Tue, Dec 01 2009. 03 09 PM IST
Updated: Tue, Dec 01 2009. 03 09 PM IST
New Delhi: Hyundai Motor India Ltd, the country’s second largest car manufacturer has sold 55,265 against 43,020 units making a 28.5% growth as compared to November 2008. The domestic market was the biggest gainer as it almost doubled its sales to 28,162 from 14,605 units in November registering a growth of 92.8% over the same month last year.
The exports however showed a decline as it fell by 4.6% from 28,414 to 27,103 units as compared to November last year.
Commenting on November, 2009 sales Arvind Saxena, senior vice president - marketing and sales, HMIL said, “The overall economic scenario has been positive and this has translated in to more footfalls in the showroom and higher automobile sales as indicated by this month’s figures.”
The firm’s saloon segment made the highest impact, selling 50,501 units of the Santro, i10, Getz and i20 in total.
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First Published: Tue, Dec 01 2009. 03 09 PM IST