Hyundai Sales grew by 12.9% in July 2016
Hyundai Motor India Ltd, the country’s leading car manufacturer and the largest passenger car exporter registered the domestic sales of 41,201 units and exports of 14,606 with cumulative sales of 55,807 units for the month of July 2016.
Commenting on the July sales Mr. 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% 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.
Hyundai Sales Report – July 2016
Following is the sales report of Hyundai India in July 2016.
Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC). HMIL is the largest passenger car exporter and the second largest car manufacturer in India. It currently has ten car models across segments – Eon, i10, Grand i10, Elite i20, Active i20, Xcent, Verna, Creta, Elantra and Santa Fe. HMIL’s fully integrated state-of-the-art manufacturing plant near Chennai boasts advanced production, quality and testing capabilities.
HMIL forms a critical part of HMC’s global export hub. It currently exports to around 92 countries across Africa, Middle East, Latin America, Australia and the Asia Pacific. HMIL has been India’s number one exporter for the last 10 years consecutively. To support its growth and expansion plans, HMIL currently has 451 dealers and more than 1,170 service points across India. In its commitment to provide customers with cutting-edge global technology, Hyundai has a modern multi-million dollar R&D facility in Hyderabad. The R&D center endeavours to be a center of excellence in automobile engineering.