- Registered growth of 17.2% over last year
Mumbai, February 01, 2017: Hyundai Motor India Ltd, the country’s leading car manufacturer and the largest passenger car exporter registered domestic sales of 42,017 units and exports of 9,817 units with cumulative sales of 51,834 units for the month of January 2017.
Commenting on the sales performance of Hyundai Motor India, Mr. Rakesh Srivastava, Sr. Vice President - Sales & Marketing, HMIL, said “Year 2017 looks promising with entire industry optimistically looking forward for a positive growth. Hyundai has shown all model growth of 17.2% on account of good performance by super performer brands Grand i10, Elite i20, Creta and without any new mass model launches. The Union budget will give boost to economy especially rural with focus on infrastructure creating a robust business environment thus helping auto industry and positively contribute to National GDP.”
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HMIL sales
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Jan 2016
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Jan 2017
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Growth
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Domestic
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38,016
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42,017
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10.5%
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Exports
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6,214
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9,817
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58%
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Cumulative
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44,230
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51,834
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17.2%
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About HMIL
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 eleven car models across segments – Eon, i10, Grand i10, Elite i20, Active i20, Xcent, Verna, Creta, Elantra, Tucson 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 475 dealers and more than 1,226 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.