" Hyundai volumes are 29,260 units with growth of 12.7 percent over last year and 13.3 percent cumulative growth with high market share of 23 percent in passenger cars, said Rakesh Srivastava, senior vice president, sales and marketing, Hyundai Motor India."
Chennai, Aug 1 - Automobile manufacturer Hyundai Motor India Friday reported a fall of 1.4 percent in its sales for July at 48,010 units from 48,704 units in the corresponding month of last year.

However, the company said its domestic sales during the month under review grew by 12.7 percent and stood at 29,260 units - up from 25,965 units sold in the corresponding month of 2013.

The company's exports last month fell by 17.5 percent at 18,750 units - down from 22,739 units shipped out during the corresponding month of last year.

Hyundai volumes are 29,260 units with growth of 12.7 percent over last year and 13.3 percent cumulative growth with high market share of 23 percent in passenger cars, said Rakesh Srivastava, senior vice president, sales and marketing, Hyundai Motor India.

The demand pull created by the successful product launches and strong channel spread has brought down the discounts and the green shoots of growth are visible with the stabilization of macro-economic factors and near to average monsoons.


comments powered by Disqus
Read more on:
 

PERMALINK

http://www.nerve.in/news:2535002392648
You can quote the permanent link above for a direct link to the story. We do not archive or expire our news stories.


STORY OPTIONS
  Email this story to a friend
  XML feed for India


 
COPYRIGHTS INFORMATION
All rights reserved for news content. Reproduction, storage or redistribution of Nerve content and articles in any medium is strictly prohibited.
Contact Nerve Staff for any feedback, corrections and omissions in news stories.
 

All rights reserved for the news content. Reproduction, storage or redistribution of Nerve content and articles in any medium is strictly prohibited.