Hyundai Motor India, one of the leading car manufacturers in India and the largest passenger car exporter of India has sold a total 55,807 cars in the month of July 2016. Out of them, 41,201 cars were sold in India while 14,606 units were exported. Last year, Hyundai sold 36,503 cars in the Indian market and exported 13,908 cars, selling a total 50,411 cars in July 2015. This shows a total 10.7 per cent rise in the sales of the Hyundai and 12.9 per cent growth in the sales of the domestic market.
Image 001
Rakesh Srivastava, Senior Vice President Sales and Marketing at Hyundai attributed the sales growth to the popularity of Grand i10, Elite i20 and Creta. He also attributed the success to improved customer sentiments which have been led by monsoons, low inflation, reduced interest rates and reduction in fuel prices.
Hyundai Motor India is a fully-owned subsidiary of Korea's Hyundai Motor Company. It has ten models for sale in its Indian line-up - Eon, i10, Grand i10, Xcent, Elite i20, i20 Active, Verna, Creta, Elantra and Santa Fe. The company produces these cars at its Chennai manufacturing unit. The company also exports its cars to global markets from India, totalling 92 across Africa, Middle East, Latin America, Australia and the Asia Pacific. Hyundai India has been India's number one exporter for the last 10 consecutive years. Hyundai has 451 dealers and 1,170 service centres across India.
Source: Zigwheels.com
