- Record Domestic Sales of 5,27,320 Units Grew By 5.4% in CY 2017-
- Surpasses CY 2017 Business Plan of 6.72 Lakh Units-
- Mid-Size Sedan Segment Grew by 30% after Next Gen VERNA Launch-
New Delhi, January 1, 2018: Hyundai Motor India Ltd. (HMIL), the country’s second largest car manufacturer and the number one car exporter since inception, registered the Record sales by surpassing its Calendar Year 2017 Business Plan with highest-ever Domestic Sales of 5,27,320 Units and Cumulative sales of 6,78,221 Units.
Commenting on CY 2017 Performance, Mr. YK Koo, MD & CEO, Hyundai Motor India Ltd. said, “The Calendar Year 2017 has been an Year of Performance for Hyundai Motor India Surpassing its Business Plan of 2017 registering highest-ever domestic volume of 5,27,320 units, a growth of 5.4% on strong performance of the newly launched Super Sedan Next Gen VERNA along with GRAND i10, ELITE i20 and CRETA. The positive momentum in Urban and Rural retail sales supported with strong After-Sales Service and Low-cost of ownership has gained customer confidence to become most loved and trusted brand in India.”
“Hyundai became the most awarded Auto manufacturer by winning prestigious awards for Next Gen VERNA, Best After-Sales Customer Satisfaction, Segment-level APEAL awards and highest ranking in Initial Quality Study in 2017. Hyundai is a lifetime partner in automobile and beyond of its customers and will continue this momentum with strong efforts towards customer delight through unique experiences and a socially responsible corporate” he added.
Calendar Year 2017:
|
HMIL sales
|
CY2016
|
CY2017
|
%
|
|
Domestic
|
5,00,539
|
5,27,320
|
5.4
|
December 2017:
|
HMIL sales
|
Dec 2016
|
Dec 2017
|
%
|
|
Domestic
|
40,057
|
40,158
|
0.3
|
|
Exports
|
17,107
|
22,741
|
32.9
|
|
Total
|
57,164
|
62,899
|
10
|
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 the number one car exporter since inception in India. It currently has nine car models across segments – EON, GRAND i10, ELITE i20, ACTIVE i20, XCENT, VERNA, ELANTRA, CRETA & TUCSON. 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 Asia Pacific. To support its growth and expansion plans, HMIL currently has 490 dealers and more than 1,300 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 centre endeavours to be a center of excellence in automobile engineering.
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