Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter registered cumulative sales of 49,681 units for the month of November 2013. The domestic sales accounted for 33,501 units and Exports stood at 16,180 units.
Commenting on the sales, Mr. Rakesh Srivastava, Sr. Vice President, Sales and Marketing, HMIL said “At Hyundai the strong focus on Channel efficiency & the addition of the successful new model Grand with sales of 11,007 units along with the strong product portfolio has increased the cumulative market share of Hyundai cars to an all-time high in a declining industry. After the festival season market has been sluggish due to unfavorable macro-economic factors and the low market sentiments resulting lower customer enquiries.”
factors and the low market sentiments resulting lower customer enquiries.
|
HMIL Sales |
November 2012 |
November 2013 |
% |
|
Domestic |
34,751 |
33,501 |
-3.6 |
|
Exports |
21,011 |
16,180 |
-23.0 |
|
Cumulative |
55,762 |
49,681 |
-10.9 |