Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer, registered 4.25% growth in cumulative sales for the month of January 2013. The domestic sales accounted for 34302 units compared to 33,900 units and the exports stood at 17,722 units compared to 16,001 units for the same month last year.
Commenting on the sales, Mr Rakesh Srivastava, Vice President (Sales and Marketing, HMIL) said, “The market was subdued on account of macro-economic factors. For Hyundai the year has started on a positive note with growth in its domestic and export sales. The change in price differential between petrol and diesel prices has increased interest in petrol cars, reflecting in the waiting period of models like Eon, i20 and Verna petrol. Marketing initiatives in the rural markets are bringing volume growth.”
The segment-wise cumulative sales for January 2013 are: A2 segment 45,297 units (Eon, Santro, i10, i20); A3 Segment 6164 units (Accent and Verna); A4 Segment 488 (Elantra) ; A5 segment 20 units (Sonata); SUV 55 units (Santa Fe).