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Hyundai India clocks all time high in January sales
New Delhi, Feb 05: Hyundai Motor India Ltd (HMIL) has said January sales were up 66 per cent, year-on-year, at 17,035 on the back of higher demand for the hatchback Santro Xing.
New Delhi, Feb 05: Hyundai Motor India Ltd (HMIL) has said January sales were up 66 per cent, year-on-year, at 17,035 on the back of higher demand for the hatchback Santro Xing.
Domestic sales grew by 25 per cent over January ’03 sales of 10,078 units to touch 12,608 units.
Led by the huge success of the Santro Xing, the domestic sales of Santro touched an all time high of 10,041 units, a 19 per cent growth over January ’03 while sales of the mid-size accent grew 59 per cent to 2,404 units over January ’03.
The luxury sedan Sonata registered sales of 101 units and the sale of the SUV Terracan stood at 62 units.
The company's sales in the month stood at 4,427 units in January ’04, accounting for about 26 per cent of the total sales in this period.
Commenting on the sales, HMIL managing director J I Kim said, ''The continued spurt in demand for Hyundai cars indicates a shift in consumer preference for Hyundai products not only in domestic but also the global markets. We are working on ramping up production to cater to this increased demand.''
HMIL, a wholly-owned subsidiary of South Korea's Hyundai Motor Company, crossed the half million mark in cumulative sales during the calendar year 2003 and ended the year with sales of 150,741 units. The year also saw Santro and accent emerge as the bestsellers in their respective segments. Bureau Report
Led by the huge success of the Santro Xing, the domestic sales of Santro touched an all time high of 10,041 units, a 19 per cent growth over January ’03 while sales of the mid-size accent grew 59 per cent to 2,404 units over January ’03.
The luxury sedan Sonata registered sales of 101 units and the sale of the SUV Terracan stood at 62 units.
The company's sales in the month stood at 4,427 units in January ’04, accounting for about 26 per cent of the total sales in this period.
Commenting on the sales, HMIL managing director J I Kim said, ''The continued spurt in demand for Hyundai cars indicates a shift in consumer preference for Hyundai products not only in domestic but also the global markets. We are working on ramping up production to cater to this increased demand.''
HMIL, a wholly-owned subsidiary of South Korea's Hyundai Motor Company, crossed the half million mark in cumulative sales during the calendar year 2003 and ended the year with sales of 150,741 units. The year also saw Santro and accent emerge as the bestsellers in their respective segments. Bureau Report