Hyundai registers 13.6% cumulative growth

Image
Announcement Corporate
Last Updated : Jan 20 2013 | 10:58 PM IST
  • Domestic sales up 11.1%
  • New Verna clocks over 21,000 bookings

Hyundai Motor India Ltd, the country’s second largest car manufacturer and the largest passenger car exporter continued to grow with cumulative sales growing by 13.6% for the month of June, 2011.

HMIL’s total sales for June, 2011 stood at 52,531 units as against 46,253 units in June, 2010 registering a cumulative growth of 13.6%. The domestic sales accounted for 30,402 units as against 27,366 units in June, 2010 registering growth of 11.1% while the exports grew by 17.2% from 18,887 units in June, 2010 to 22,129 units in June, 2011.

HMIL Sales

Jun-11

Jun-10Growth %
Domestic30,40227,36611.1
Exports22,12918,88717.2
Cumulative52,53146,25313.6

Commenting on June, 2011 sales, Arvind Saxena, Director - Marketing and Sales, HMIL said, “The market continued to be slow but Hyundai sales have grown partially due to the success of New Verna. We have received over 21,000 customer bookings for the New Verna so far and we are trying to fulfill the demand.”

The segment-wise cumulative sales for the month of June, 2011 are as follows: A2 segment (Santro, i10, i20) 45,260 units; A3 Segment (Accent & Verna) 7,147 units; A5 segment (Sonata Transform) 24 units; Santa Fe (SUV) 100 units.

*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: Jul 01 2011 | 2:29 PM IST

Next Story