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Hyundai Motor sales rise 4.8% in April

Our Bureau

New Delhi May 2 Hyundai Motor India Ltd (HMIL) recorded a growth of 4.8 per cent and 4.6 per cent in the domestic and export markets respectively for April 2007 as compared with the same month of the previous year.

Hyundai sold 27,069 units of which the domestic market accounted for 15,728 units and exports 11,341 units in April 2007. During the month, the company sold 22,550 units in the A1 segment comprising of hatchbacks Santro and Getz and 4,399 units in the A2 segment comprising sedans Accent and Verna. It also sold 24 units in the A3 segment (Elantra), 65 units of the luxury sedan Sonata and 31 units of SUV Tuscon, a release from the company said.

Commenting on the sales Mr Arvind Saxena, Vice-President, Marketing and Sales, said: "With the increase in the interest rate there could have been a slump but the introduction of a special scheme of 8.99 per cent interest to serve our customers better helped us in keeping the momentum going."

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