Hyundai registers a strong 68% growth in September, 2008
Exports reach an all time high of 23,911 units & Domestic sales up by 23.9%
New Delhi Wednesday October 1, 2008 (DriveInside.com)
Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter, today announced a cumulative sales growth of 68% for the month of September, 2008.
HMIL’s total sales for the month of September ‘08 stood at 46,222 units. While the domestic market accounted for 22,311 units, exports totaled 23,911 units in September, 2008. The cumulative sales for September, 2007 had been 27,517 units with the domestic sales at 18,009 units and exports 9,508 units. As compared to September, 2007 the domestic sales grew by 23.9% in September 2008, while as exports grew 151.5 % and the cumulative growth is 68%.
Commenting on the sales, Arvind Saxena, Sr. VP, Marketing & Sales, HMIL said, “The upward trend of the sales figure shows that we have received a phenomenal response from the customers on the 10th Anniversary celebration. With the onset of the festive season, we are optimistic that we will be able to keep the momentum going in the coming months.”
“To meet the soaring demand of i10 in domestic and overseas market, we have started the third shift operations in our second plant in mid September this year which was scheduled for early October 2008.”
“The export for the month is the highest ever sales and is mainly due to the strong sales of i10. 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,” he further added.
The segment-wise cumulative sales in the month of September, 2008 are as follows: A2 Segment (Santro, i10, Getz Prime) 39,899 units; A3 Segment (Accent, Verna) 6,305units; A5 Segment (Sonata Embera) 14 units; and SUV Segment (Tucson) 4 units.