Hyundai records highest domestic sales at 31,501 units for March

Hyundai records highest domestic sales at 31,501 units for March

New Delhi: The country’s second largest carmaker Hyundai Motor India on Thursday reported its highest ever domestic sales at 31,501 units and posted a jump of 27.26% over the same month a year ago.

The company had sold 24,754 units in the domestic market in March 2009, Hyundai Motor India Ltd (HMIL) said in a statement.

The domestic sales of the company is the highest since 1998, when HMIL launched its flagship small car Santro, it added.

The company’s total sales soared by 19.23% to 55,035 units against 46,159 units in the year-ago period.

Exports of the company grew 9.95% to 23,534 units from 21,405 units in the year-ago period, the statement said.

In its A2 segment (Santro, i10, i20 and Getz Prime), the company sold 50,715 units, while in the A3 (Accent and Verna) sales were at 4,276 units. The A5 segment (Sonata Transform) of HMIL witnessed sales of 44 units, while its SUV Tucson received no buyer during the month.

For the entire 2009-10 financial year, HMIL registered 20.79% jump in its total sales at 6,00,588 units against 4,97,206 units in the previous fiscal.

“As we close the financial year, it is reassuring to see the market retain its buoyancy, which was triggered by the government’s timely announcement of the stimulus package and the consequent reduction in interest rates for car finance," HMIL director (marketing and sales) Arvind Saxena said.

These factors positively affected the market and kept demand high over the last year, he added.