Hyundai Motors Sales up by 7.6%

Hyundai, the second largest car manufacture in the passenger car segment in India, registered aggregate sales of 52,845 units in July this year which is 6.4% more than July last year. The exports have risen from 24,024 units in July 2011 to 24,260 units this year whereas domestic sales have risen from 25,642 units, July 2011 to 25,260 units in July this year. 

Rakesh Srivastava, VP National Sales, HMIL said that the market on the whole is suppressed due to the interest rates and high fuel prices. He also added that until some major changes happen, market trends are not expected to improve much. 

In July 2012, sales for the A2 segment which includes Eon, Santro, i10 and the i20 have been 44,274 units. On the other hand for the A3 segment which includes the Accent and Verna, total numbers of units sold were 8,454 units. 32 units of Sonata and 85 units of SUV, Santa Fe were sold in July 2012.