Hyundai Motors India Ltd. domestic sales up by 10.9%

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Added in: Hyundai

i20

Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer, registered domestic sales of 35,070 units (31,636 units) last month, up by 10.9% from the corresponding month last year. 

Commenting on the April domestic sales, Mr Arvind Saxena, Director, Marketing and Sales, HMIL said, “Consumer confidence continues to be weak, prices went up following the excise hikes in the Union Budget and interest rates are yet to come down. Given the present conditions it’s a challenging market.”

 The segment-wise cumulative sales for April 2012 are: A2 segment 44,891 units (Eon, Santro, i10, i20); A3 Segment  9,579 units (Accent and Verna); A5 segment 66 units (Sonata); SUV 70 units (Santa Fe).

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