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Hyundai Motors India sales in April grows by 9.7 per cent

Hyundai Motors India sales in April grows by 9.7 per cent
Nikhil Puthran Nikhil Puthran Monday 02 May 2016, 16:11 PM

Hyundai Motors has been a key player in the Indian market. The carmaker has registered domestic sales of 42,351units in April 2016 with a growth of 9.7 per cent as against 38,601 units sold in the same period last year. The carmaker currently sells 10 models in the country – Eon, i10, Grand i10, Elite i20, Active i20, Xcent, Verna, Creta, Elantra and the Santa Fe.

Hyundai Motors India export numbers for April has however declined to -6.7 per cent with 12,069 units exported in comparison to 12,904 units exported last year in the same period. Commenting on the occasion, Mr. Rakesh Srivastava, Sr. Vice President Sales and Marketing, Hyundai Motor India Ltd. said, “In an industry seeing challenges on Rural sales, Diesel Vehicle sales, Hyundai continued its growth momentum with volume growth of 9.7 per cent over last year with strong performance of the three “India Car of the Year” brands Creta, Elite i20, Grand with increasing preference of customers for New Age brands supported by strong service assurance and low cost of ownership.”

The Creta has been a popular seller for the Korean automaker in India. The SUV is a considerable contributor to overall sales, hence resulting in customers waiting for a few months. The automaker had recently decided to increase the production by 20 per cent to around 12,000 units per month to meet the surging demand. In April, Hyundai had also announced discount offers on its range between Rs 10,000 to Rs 1 lakh depending on the car segment.

 

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