Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Companies / Hyundai India ride high on domestic sales, exports decline
BackBack

Hyundai India ride high on domestic sales, exports decline

Hyundai India ride high on domestic sales, exports decline

Premium

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.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 01 Dec 2009, 03:09 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App