The total sales for Hyundai Motor India Ltd (HMIL) for December 2013 including exports stood at 49,069 units against 47,833 units sold in December 2012, registering 2.6% growth.
The domestic sales grew by 6.2% with 28,345 units sold in December 2013, against 26,697 units sold during December 2012. The company exported 20,724 units in December 2013, which fall by 1.9% when compared to 21,136 units during December 2012.
Commenting on the sales Mr. Rakesh Srivastava, Sr VP- Sales & Marketing, HMIL said, “Year 2013 was very challenging and rewarding. With December retails of 45,911 units, Hyundai achieved its Annual Business Plan and highest Market Share since inception. Manufacturing operated at 99 percent capacity utilization and had the fastest 5 Million rollout in India.
“2013 had the most challenging market scenario; Hyundai improved the Channels efficiencies, launched new model Grand on new global platform, made strong initiatives in Rural & Exchange sales to increase its market share to highest level since inception and achieved the Annual Business Plan. In 2014, Hyundai will launch many new products and new initiatives to build further on this positive momentum" he added.
Source -ACG, Company
The Hyundai Motor India Ltd (HMIL) has increased the sales by 2.6% is most due to stylish newly introduced i10 grand/Verna and the ever demanded Santro xing with successful i20,these four products are getting very popular and its impact will leaves on the the sales of compositors in the market till any other eye catching product arise in the market.
P P Deshmukh