Hyundai Motor India exports surge 25.7%

Hyundai Motor India Ltd (HMIL) has exported around 24, 551 vehicle units during the month of April 2013 as against 19, 536 vehicle units exported during the same period of 2012.

The above figure has shown an increase of 25.7% in the exports.

But, HMIL’s domestic sale facts remained at 32, 403 vehicle units during the month of April as against 35, 070 vehicle units leading to a declension of 7.6%.

The Korean car manufacturer has witnessed a cumulative expansion of about 4.3% during the last month.

Hyundai i20

While talking on the facts, Mr. Rakesh Srivastava, the company’s Senior VP, sales and marketing, stated, “The export facts have demonstrated positive expansion owing to sturdy demand from non-European zones whilst the Indian market carries on witnessing pressure.”

“Though there are indications of revival with the augmentation in demand for petrol vehicles. In existing hard times, Hyundai Motor India Ltd (HMIL) is incessantly winning market share with a sturdy product collection of popular and examined brands up on worth and aspirational worth Mr. Rakesh Srivastava added up.

He also said that in spite of an overall slump in the automobile market, Hyundai Motor India Ltd (HMIL) is still eyeing to lift up its market share. At the present time, the company is the second biggest auto producer in the nation after Maruti Suzuki.

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