Comments
Hyundai Motor India (HMIL) today reported a 1.5 per cent increase in total sales at 52,515 units in May.
The company had sold 51,718 units in the same month last year, HMIL said in a statement.
In the domestic market, Hyundai had sold 37,450 units last month compared with 36,205 units in May 2014, up 3.4 per cent.
However, the company’s exports declined 2.9 per cent to 15,065 units from 15,513 units in the same period last year.
HMIL senior vice-president (sales and marketing) Rakesh Srivastava said: “In a market experiencing low growth with decreasing contribution of rural and diesel vehicles sales, Hyundai volumes grew to 37,450 units with fourth consecutive month of more than 10,000 units of highly successful and acceptable Elite & Active, showcasing customers’ changing preference towards brands delivering high aspirational value at attainable prices.”
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.