Hyundai Total Sales Remain Flat Year on Year

Monday 03 January 2011, 00:00 AM by Vikas Yogi

Hyundai Motors India Ltd. (HMIL), the second largest car maker and the largest car exporter in the Indian market, reported a marginal increase of 11 units in total sales (domestic and international) in December 2010. The company sold a total of 47,228 units during this month as compared to 47,217 units sold in the same month last year.

In the domestic market, the company sold a total of 26,168 units during December as against 22,252 units sold in the same month last year, accounting for a sales growth of over 17.60 per cent. However, the company witnessed a steep fall of 15.64 per cent in overseas shipments during Dec 2010. The company exported a total of 21,060 units of its cars during this month as compared to 24,965 units exported to overseas markets during same period last month.

Segment wise, the A2 segment of cars (Santro Xing, i10, i20) accounted for 42,397 units during this month. On the other hand, the A3 segment of cars (Accent and Verna) registered sales of 4,708 units. The sales of Hyundai Sonata Transform, which is an A5 segment vehicle, stood at 21 units during this month.

In the calendar year 2010, the company sold a total of 6,03,819 units of its cars, as compared to 5,59,880 units sold in the calendar year 2010. Speaking on the occasion, HMIL Director (Marketing and Sales) Arvind Saxena said, "The year 2010 has been positive for the industry and HMIL. For the first time since inception, HMIL clocked record cumulative sales of over 6,00,000 units."

Hyundai Total Sales Remain Flat Year on Year | CarTrade.com