NEW DELHI: Indian arm of South Korean automobile manufacturer Hyundai Motor has registered domestic sales of 41,201 units for the month of July 2016, and grew by 12.9 percent when compared with corresponding month previous year. The company exported 14,201 units last month as against 13,908 units during July 2015, witnessing a growth of 5 percent. Hyundai India's cumulative sales stood at of 55,807 units for the month of July 2016, reporting an increase of 10.7 percent.
Commenting on the July sales Rakesh Srivastava, Sr. Vice President Sales and Marketing, Hyundai Motor India Ltd. said, "Hyundai continues to sustain strong growth trajectory, volume of 41,201 units with growth of 12.9 percent on the strength of strong pull performance of Grand i10, Elite i20 & Creta in a market showing improved customer sentiments led by good monsoons, low inflation, reduced interest rates and dropping fuel prices."
When compared with the month of June 2016, the companies' sales in the domestic market increased by 4 percent as last month Hyundai sold 1,395 units more. However, its exports declined 11 percent month-on-month
Commenting on the July sales Rakesh Srivastava, Sr. Vice President Sales and Marketing, Hyundai Motor India Ltd. said, "Hyundai continues to sustain strong growth trajectory, volume of 41,201 units with growth of 12.9 percent on the strength of strong pull performance of Grand i10, Elite i20 & Creta in a market showing improved customer sentiments led by good monsoons, low inflation, reduced interest rates and dropping fuel prices."
When compared with the month of June 2016, the companies' sales in the domestic market increased by 4 percent as last month Hyundai sold 1,395 units more. However, its exports declined 11 percent month-on-month
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