Automobile manufacturer Hyundai Motor India (HMIL) on Wednesday reported a growth of 10.4 per cent in its domestic sales for last month.
According to the company, its domestic sales in the month under review rose to 41,351 units from 37,450 units sold during May 2015.
The automobile manufacturer credited the sales growth on the healthy off-take of its brands like brands Creta, Elite i20 and Grand i10.
"Hyundai volumes grew by 10.4 percent with sales of 41,351 units continuing the buildup of positive growth momentum on the strengths of strong performance of the three Indian Car of the Year brands Creta, Elite i20 and Grand i10," Rakesh Srivastava, Senior Vice President, Sales and Marketing, HMIL was quoted as saying in a statement.
Srivastava added that the positive growth momentum was supported by heightened expectations of increase in demand on the predictions of good monsoon.
--IANS
ppg-rv/dg
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
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
