Business Daily from THE HINDU group of publications
Tuesday, July 1, 2008 ePaper | Mobile/PDA Version
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Business Daily from THE HINDU group of publications Tuesday, July 1, 2008 ePaper | Mobile/PDA Version |
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Update at 1545 hrs (IST)
Corporate Hyundai sales up 34% in June NEW DELHI: Carmaker Hyundai Motor India (HMIL) on Tuesday reported a 34 per cent increase in domestic passenger car sales at 21,881 units during June, against 16,335 units in the corresponding month of 2007. The company's overall sales (including exports) during June were up 45.3 per cent at 40,182 units, compared to 27,653 units in the same month a year ago, HMIL said in a statement. Its exports for the month rose to 18,301 units, against 11,318 units during the same month previous year. HMIL sold 33,859 units of hatchbacks Santro, Getz and i10, 6272 units of Accent and Verna, 47 units of Sonata Embera and 4 units of its SUV Tucson in June. At a time when the industry is already under tremendous pressure because of higher interest rates, rise in fuel costs and rising inflation, it is indeed very heartening to see that Hyundai products continue to be an affordable and attractive buy for mos t car buyers, Mr Arvind Saxena, Senior Vice-President (Marketing and Sales) of the company said. The company's 'i10' has done exceedingly well and it has sold over 1, 00,000 units in less than six months since its launch, he added. PTI
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