Hyundai Motor India's August sales up 13.5 percent

Hyundai Motor India (HMIL) on Tuesday reported a 13.5 percent rise in total sales for August.

The South Korean automobile manufacturer's total sales last month stood at 54,608 units - up from 48,111 in the corresponding month of 2014.

Domestic sales surged by 20 percent at 40,505 units, from 33,750 units off-take during August last year.

Exports dipped by 1.8 percent, with 14,103 units shipped out. The figure stood at 14,361 in the corresponding period last year.

"The sales were led by a strong youthful product portfolio showcasing the customers' continued aspirational preference for new and exciting models even in these challenging times," said Rakesh Srivastava, senior vice-president (sales and marketing) of HMIL.

"The company looks forward to sustain double digit growth above industry growth rate increasing market share in passenger vehicles."