Hyundai posts record sales in India in 2014, crosses 4.1 lakh

Company has recorded a growth of over 7.5% riding on new launches

Korean auto major Hyundai has posted record sales of over 4.1 lakh units in India in 2014, a growth of over 7.5% riding on new launches, including compact sedan Xcent and premium hatchback Elite i20.

Hyundai Motor India Ltd (HMIL) has set record sales in 2014 at over 4.10 lakh units, the company said in a statement.

In 2013, HMIL had sold 3.8 lakh units in the domestic market.

Commenting on the company's performance, HMIL Managing Director and CEO, BS Seo said: "We surpassed our targets of selling 4 lakh vehicles in the domestic market by adding new products like Xcent, Elite i20 and Santa Fe to our robust product portfolio."

During the year, global debuts of models in India played an important role in the market for Hyundai Motor Co, the statement added.

Looking ahead, Seo said: "We intend to continue our growth in 2015 and with new products coming next year, we will create the right conditions to reinforce our claim to leadership over the long term.