Hyundai Clocked 2.1% Growth in May 2013

The May had just ended and finally we managed to get our hands on the sales reports of Hyundai for same. Being termed as the world’s 4th largest carmaker Hyundai is also doing well on our Indian shores. We must say the responses of this Korean brand are very positive from the audiences here. Claiming figures, Hyundai had managed to grab the cumulative sales growth of 2.1% in the last month, when compared to the data of same month in last year. However, we also got to know that Hyundai had clocked 4.6% growth in the exports arena whilst of the 0.3% improvement in domestic playground, on comparison with the same period of last year.

Commenting on the sales chart, Mr. Rakesh Srivastava, Sr. Vice President, Sales and Marketing, HMIL said, “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.”

Hyundai Clocked 2.1% Growth in May 2013

We hope the newly launched i20 may not have taken that passionate grip in the sales for now but though we assume it to do a spectacular job at a near future due to its flashy daytime running lights and more of the cosmetics.

Following is the tabular representation of sales chart that we have posted to give in a clear cut picture of same in just at a stance:

[table id=144 /]

Hence, we now see why the Hyundai Motor India Ltd (HMIL) is called the largest passenger car exporter and the second largest carmaker of local, as the works for a new R&D centre is going on at Nurburgring, Germany.

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