Hyundai Motors India Dec sales remain flat

Hyundai Motors India Ltd. (HMIL), the second largest car maker and the largest car exporter in the Indian market, sold a total of 47,228 units during this month as compared to 47,217 units during the same period year ago.

The year 2010 has been positive for the industry and HMIL. For the first time since inception, HMIL clocked record cumulative sales of over 600,000 units, HMIL Director (Marketing and Sales) Arvind Saxena said.

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.

The segment-wise cumulative sales in the month of December, 2010 are as follows: A2 Segment (Santro, i10 & i20) 42,397 units; A3 Segment (Accent & Verna Transform) 4,708 units; A5 Segment (Sonata Transform) 21 units; and SUV Segment (Santa Fe) 102 units.

Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC), South Korea and is the largest passenger car exporter and the second largest car manufacturer in India. HMIL presently markets 7 models of passenger cars across segments.