2014 is Hyundai's most successful year with record sales

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Bala Subramaniam N Jaipur
Last Updated : Dec 31 2014 | 7:05 PM IST

Hyundai Motor India has marked year 2014 as the “Year of Excellence” as the company has set record sales in 2014. With over 4.10 lakh units sold, 2014 has become Hyundai India’s most successful year in the country and the company also marked its highest market share with 21.6% in its 16 year history in India. Hyundai’s recent product launches like the Grand i10, Xcent, Santa Fe and the Elite i20, which recently won the 2014 Indian Car of the Year attributed to its strong performance in 2014.

Commenting on Hyundai’s successful 2014 year, Mr. BS Seo- MD & CEO, HMIL said, “2014 has been an excellent year for Hyundai Motor India and it demonstrates the continued confidence that our customers have in Hyundai and our trendsetter products. We surpassed our targets of selling 4 lakh vehicles in the domestic market by adding new products like Xcent, Elite i20 and Santa Fe to our robust product portfolio. All our products have witnessed a stunning success in the respective segments, setting modern style and technology leadership benchmarks. Our network presence is one of our key strengths and reiterates our commitment to the customers. We intend to continue our growth in 2015 and with new products coming next year, we will create the right conditions to reinforce our claim to leadership over the long term.”

Hyundai has become the favourite brand of over 3.5 million happy families in the country and exports to over 100 countries from the state-of-art Indian manufacturing facility in Chennai. Hyundai has been the largest passenger car exported since 2004 and has a market leadership share of 40%. 2014 also marks 16 years of its association with Shah Rukh Khan, who the company announced as the brand ambassador for Xcent. Hyundai India also recently celebrated the landmark of crossing five million fans on its official Facebook page, which was launched in year 2011.

Source : CarDekho

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First Published: Dec 31 2014 | 2:38 PM IST

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