India’s second largest car maker, Hyundai India registered an overall growth of 45.3%, exports growth of 61.7% and growth of 34% in domestic sales during June 2008 as compared to the same period last year.
The total sales stood at 40,182 units of which domestic market accounted for 21,881 units, compared to a 16,335 units for the same month last year and the exports totaled 18,301 units in June 08, against 11,318 units of June ‘07.
Commenting on the June, 2008 sales Arvind Saxena, Sr. Vice President -Marketing and Sales, HMIL said, “At a time when the industry is already under tremendous pressure because of the higher interest rates, the rise in fuel costs and the rising inflation it is indeed very heartening to see that Hyundai products continue to be an affordable and attractive buy for most car buyers and this is a clear indicator of the quality of our products and the trust that Hyundai brands enjoy not only in the Indian market but also in the overseas market.
Our sales throughout the first half have grown steadily and in the overseas market the newly launched i10 sold well over 1 lakh units in less than six months since its launch. We are positive that we will be able to keep the momentum going in the coming months.”
The segment-wise cumulative sales in the month of June, 2008 are as follows: A2 Segment (Santro, i10 & Getz): 33,859 units; A3 Segment (Accent & Verna): 6,272 units; units, A5 Segment (Sonata Embera): 47 units; and SUV Segment (Tucson): 4 units.
