Hyundai India Ltd (HMIL), India’s second largest car manufacturer and the largest passenger car exporter registered a domestic sales figure of 38,010 units and exports figure of 18,000 units with cumulative sales of 56,010 units for the month of October 2014- marking a 11.5% hike for the month as compared to the same period last year.
Commenting on the October sales Mr. Rakesh Srivastava, Sr. VP- Sales and Marketing, HMIL said, “Hyundai volumes grew by 9% over last month with significant increase in sales of additional and replacement buyers propelled by strong demand lead by new models like Elite i20, Xcent coupled with festival buying. We anticipate that this positive momentum would build up further with increase in sales of entry buyers if there is strong promise of improvement in economic and macro factors in rural and urban markets “
| HMIL sales | October 2013 | October 2014 | (%) |
| Domestic | 36,002 | 38,010 | 5.6% |
| Exports | 14,210 | 18,000 | 26.7% |
| Cumulative | 50,212 | 56,010 | 11.5% |