Hyundai posts 14.7% growth in December 2014

Image
Bala Subramaniam N Jaipur
Last Updated : Jan 02 2015 | 4:05 PM IST

Hyundai Motor India Ltd sold a total of 32,504 units domestically posting a 14.7% growth over 28,345 units sold in December 2013. Hyundai’s exports number stood at 26,861 units, an increase of 29.6% against 20,733 units in Dec’13. Overall the company posted a 21% growth with cumulative sales of 59,365 units for the month of December 2014. The company recently announced that 2014 is the most successful year for Hyundai with record sales of over 4.10 lac units sold and the company also marked its highest market share with 21.6% in its 16 year history in India.

Commenting on the December sales Mr. Rakesh Srivastava, Sr. VP- Sales and Marketing, HMIL said, “ In the challenging market conditions of CY 2014 Hyundai did all time record high sales of 4.11 lac units with all time high projected market share of 21.8% in passenger cars on the strength of strong product portfolio , aspirational brand and customer focused strong channel.”

 

HMIL salesDecember 2013December 2014(%)
Domestic28,34532,50414.7%
Exports20,73326,86129.6%
Cumulative49,07859,36521 %

 

Source : CarDekho

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 02 2015 | 11:55 AM IST

Next Story