New Delhi, August 1, 2017: Hyundai Motor India Ltd, the country’s second largest car manufacturer and leading passenger car exporter registered the Domestic sales of 43,007 units for the month of July 2017.
Commenting on the July sales Mr. Rakesh Srivastava, Director - Sales and Marketing, Hyundai Motor India Ltd. said, “Hyundai with a growth of 14.5% month on month and 4.4% year on year, continued its growth momentum on the strength of strong performance by the ICOTY winners Grand i10, Elite i20, Creta, with a cumulative sales milestone of 1.25 Million units reaching towards higher growth momentum with strong support of lowering of prices on account of GST implementation and good monsoon which will increase customer confidence and sentiment towards vehicle buying.
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HMIL sales
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July 2017
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July 2016
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(%)
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||||
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Domestic
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43,007
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41,201
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4.4
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About HMIL
Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC). HMIL is the second largest car manufacturer and leading passenger car exporter in India. It currently has ten car models across segments – Eon, 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 87 countries across Africa, Middle East, Latin America, Australia and the Asia Pacific. To support its growth and expansion plans, HMIL currently has 480 dealers and more than 1,260 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 endeavors to be a center of excellence in automobile engineering.
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