Hyundai India Registers 2.1% growth in May 2013

India's second largest carmaker and largest Passenger car exporter, Hyundai Motor India Ltd (HMIL) registered a cumulative sales growth of 2.1% in May 2013, as compared to the corresponding month, last year. Proving its dominance in exports yet again, Hyundai registered 4.6% growth in Exports, while the domestic sales were up by 0.3%.

Commenting on the sales, Mr. Rakesh Srivastava, Sr. Vice President, Sales and Marketing, HMIL said,“Hyundai has been able to maintain positive growth and will gain in market share in a market that is at the near bottom level and is expected to move into positive growth in the coming months as the demand for the petrol cars is improving.”

“In these challenging times, we are continuously increasing market share by improving operational efficiencies and aggressive marketing campaigns. Our products Elantra and Verna continue to be the market leaders while our compact cars have grown in their respective segments. The export volumes have increased and we continue to improve on our leadership position on account of strong demand from the non European markets.”

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