Hyundai posts sales of 49,681 cars in November 2013

Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter registered cumulative sales of 49,681 units for the month of November 2013. The domestic sales accounted for 33,501 units and Exports stood at 16,180 units.
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Commenting on the sales, Rakesh Srivastava, Senior Vice President, Sales and Marketing, HMIL said: “At Hyundai the strong focus on Channel efficiency & the addition of the successful new model Grand with sales of 11,007 units along with the strong product portfolio has increased the cumulative market share of Hyundai cars to an all-time high in a declining industry. After the festival season market has been sluggish due to unfavorable macro-economic factors and the low market sentiments resulting lower customer enquiries”.

HMIL Sales

November 2012

November 2013

%

Domestic

34,751

33,501

-3.6

Exports

21,011

16,180

-23.0

Cumulative

55,762

49,681

-10.9

 
Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC). HMIL is the largest passenger car exporter and the second largest car manufacturer in India. It currently markets nine car models across segments – in the A2 segment it has the Eon, Santro, i10, Grand  and the i20, in the A3 segment the Verna, in the A4 segment the Elantra, in the A5 segment Sonata and in the SUV segment the Santa Fe.
HMIL’s fully integrated state-of-the-art manufacturing plant near Chennai boasts advanced production, quality and testing capabilities. HMIL forms a critical part of HMC’s global export hub. It currently exports to around 120 countries across EU, Africa, Middle East, Latin America, Australia and the Asia Pacific. HMIL has been India’s number one exporter for the past eight years consecutively. To support its growth and expansion plans, HMIL currently has 382 dealers and more than 900 service points across India. In its commitment to provide customers with cutting-edge global technology, HMIL set up a modern multi-million dollar R&D facility in Hyderabad. The R&D center endeavors to be a center of excellence in automobile engineering.

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