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Hyundai Cars Sales March 2015: Hyundai records 12.9 % growth in domestic sales, while cumulative figures go down by 3.8%

India's second largest automaker - Hyundai Motor India Ltd has recorded a growth of 12.9 per cent in domestic sales. As per the company, it has sold 39,525 units last month as compared to 35,003 units last year for the same period. Exports stood at 10,215 units which when compared with last year's figure of 16,705 units indicate a decline of 38.9 per cent. As for the cumulative sales figure, the number recorded for March 2015 was 49,740 units in contrast to 51,708 units, which again shows a decline of 3.8 per cent.

Written by: Oncars India
Published: April 1, 2015, 3:55 PM IST

Hyundai Cars Sales March 2015: Hyundai records 12.9 % growth in domestic sales, while cumulative figures go down by 3.8%

Speaking on the occasion, Rakesh Srivastava, Sr. VP- Sales and Marketing, HMIL said, “In a market with weak sentiments, Hyundai achieved  its highest-ever single month sales of 39,525 units with highest-ever financial Year sales of 4,20,668 units. The market share of 16.3% was highest-ever with strong performance of successful launch of new models like Elite i20, i20 Active, Xcent & Verna and lead by strong marketing initiatives to engage rural markets and repeat buyers.”

He further added, “the 2015 outlook seems challenging as currently there is low traction in the market with weak delivery on macro-economic parameters and on low customer’s sentiments. We are hopeful that an environment will be created to bring-in investment and create employment that will give the required thrust to grow the industry.”

HMIL sales

March 2014

March 2015

(%)

Domestic

35,003

39,525

12.9

Exports

16,705

10,215

-38.9

Cumulative

51,708

49,740

-3.8

 

Source: Hyundai Press Release

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