Car Sales in June 2014: Hyundai sales up by 9.5%

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Added in: Hyundai

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Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter revealed figures for car sales in June 2014. It registered domestic sales of 33,514 units and exports of 17,004 units with cumulative sales of 50,518 units for the month.

Hyundai sold 30,610 cars in June 2013, whereas, in the same month this year they sold 33,514 cars, which explains the 9.5% hike in sales figures. Exports dwindled from 24,055 in June 2013 to 17,004 units last month, which is 29.3% less. Cumulative sales were 50,518 units last month compared to 54,665 units in June 2013, less 7.6%

Commenting on the June sales Mr. Rakesh Srivastava, Sr. VP- Sales and Marketing, HMIL said, “Hyundai with a volume of 33,514 units has grown by 9.5% over last year on the phenomenal success of Xcent, Grand and Santa Fe. With the extension of excise duty benefit, we hope to maintain the growth in volume while strengthening our product portfolio and improving channel efficiencies.”

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