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Hyundai India clocks 4.7% growth in its domestic sales; 4.1% in cumulative sales growth







Hyundai Motor India Ltd registered an increase of 4.7 per cent in its domestic sale figures and 3.1% in its total export facts.

The cumulative sales of the nation’s second biggest car maker and the renowned passenger car exporter witnessed a growth of 4.1 per cent during calendar year (CY) Jan-Dec 2012.

Domestic sale facts during the last month of 2012 stood at 26,697 vehicle units as compared to 29,516 vehicle units during the same period of 2011.

Company’s aggregate sale facts remained at 47,833 vehicle units as compared to 49,050 vehicle units during the same period of 2011. Export facts stood at 21,136 vehicle units during December 2012.

Hyundai India clocks 4.7% growth in its domestic sales; 4.1% in cumulative sales growth

The company functions on January to December as business year.

While talking about December 2012 sale facts, Mr. Rakesh Srivastava, VP- Sales & Marketing, HMIL stated that during the last year, in tricky market situations, we reviewed i20, rolled out Sonata and Elantra that lead to sturdy volumes and strengthened our leadership place.”

“The marketing plans in the rustic market, company sales and concentrated attempts on exchange sales via Hyundai Advantage assisted boost sales of petrol cars. These sturdy sales were headed by Hyundai Eon and i10.”

“The augmented production capacitance of diesel vehicles with well-built price value equations gave a higher than industry expansion in diesel vehicles. Overall we were able to perk up the volumes while maintaining market share in passenger vehicles,” he said.

HMIL sales December 2011 December 2012 (%)

  • Domestic 29,516 26,697 -9.6
  • Exports 19,534 21,136 8.2
  • Cumulative 49,050 47,833 -2.5

For the full calendar year (CY) 2012, the company registered domestic sales of around 391,276 vehicle units, an augmentation of 4.7 per cent as compared to 373,709 vehicle units in 2011.

Cumulative sales for 2012 stood at 641,281 vehicle units as compared to 616,140 vehicle units, a rise of 4.1 per cent.

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