Hyundai aggregate sales up 16.6%
Hyundai Motor India Ltd (HMIL), the country's second largest car manufacturer and the largest passenger car exporter registered aggregate sales of 55,670 units (47,762 units) in May up by 16.6% from the corresponding month last year, domestic sales were 32,010 units (31,123 units) up 2.8% and exports were 23,660 units (16,639 units) up 42.2 %.
Commenting on the sales, Mr Arvind Saxena, Director, Marketing and Sales, HMIL said, “The recent hike in petrol prices has depressed market sentiment, with the macro-economic indicators providing no cause for cheer, the demand outlook doesn't look very bright.”
HMIL Sales |
May 2011 |
May 2012 |
Growth% |
Domestic |
31,123 |
32,010 |
2.8 |
Exports |
16,639 |
23,660 |
42.2 |
Cumulative |
47,762 |
55,670 |
16.6 |
The segment-wise cumulative sales for May 2012 are: A2 segment 48,250 units (Eon, Santro, i10, i20); A3 Segment 7,306 units (Accent and Verna); A5 segment 43 units (Sonata); SUV 71 units (Santa Fe).