ManagementHyundai Motor December sales up 22%
Hyundai Motor India Ltd, the country’s second largest car manufacturer and the largest passenger car exporter ended the year on a high note with domestic sales growing by 42.6 per cent while exports grew by 9 per cent, said a company press release. Cumulative growth stood at 22.6 per cent for the month ending December, 2009.
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HMIL’s total sales for December, 2009 stood at 47,217 units as against 38,502 units in December, 2008 registering 22.6 per cent cumulative growth. The domestic sales growth accounted for 22,252 units as against 15,602 units in December, 2008 while the exports grew from 22,900 units in December, 2008 to 24,965 units in December, 2009.
In calendar year 2009 (Jan – Dec) HMIL grew by 14.4 per cent cumulatively registering total sales of 5,59,880 units as against 489,343 units of 2008 with domestic sales jumping by 18.1 per cent over 2008. Domestic sales accounted for 2,89,863 units in 2009 as against 2,45,397 in the year 2008. Overseas sales accounted for 2,70,017 units as against 2,43,946 units in 2008, which reflects in a growth of 10.7 per cent for the entire year.
Commenting on HMIL’s performance Arvind Saxena, Director - Marketing and Sales, HMIL said: “The stimulus package certainly helped the automotive industry and we hope the government will continue with this at least for some more time. For HMIL particularly introduction of new products like the i20 helped as in the last few months it has become an important contributor to our sales.”
The segment-wise cumulative sales in the month of December, 2009 are as follows: A2 Segment (Santro, i10, Getz & i20) 44,129 units; A3 Segment (Accent & Verna) 3,068 units; A5 Segment (Sonata Transform) 20 units; and SUV Segment (Tucson) 0 unit.