Hyundai's Nov sales up 8.7 percent

Automobile major Hyundai Motor India Monday reported an increase of 8.7 percent in its total sales in Nov which stood at 54,011 units, up from 49,681 retailed during Nov 2013.

"Hyundai with a volume of 35,511 units indicate strong demand for Hyundai models, giving growth month after month bettering the industry slow growth. The strong investment of launching four new products in a year's time has resulted in this growth," said Rakesh Srivastava, senior vice president, sales and marketing, Hyundai Motor India.

"Today Hyundai has one of the youngest product portfolio led by Elite i20 which has reached a landmark number of 10,500 units making it as the top seller amongst the strong Hyundai brands."

According to the company, its domestic sales stood at 35,511 units, representing a rise of six percent from off-take of Nov 2013 at 33,501 units.

Exports-wise, the company shipped out 18,500 units during the month under review, an increase of 14.3 percent from 16,180 units sold abroad during the corresponding period of last year.