Hyundai sales up 1.5% in May, exports decline

Domestic sales rise 3.4% to 37,450 units

Hyundai Motor India (HMIL) today reported a 1.5% rise in total sales at 52,515 units in May.

The company had sold 51,718 units in the same month last year, HMIL said in a statement.

In the domestic market, Hyundai sold 37,450 units last month compared with 36,205 units in May 2014, up 3.4%. However, the company's exports declined 2.9% to 15,065 units as against 15,513 units in the same period last year.

HMIL senior vice-president (sales and marketing) Rakesh Srivastava said, In a market experiencing low growth, with decreasing contribution of rural and diesel vehicles sales, Hyundai volumes grew to 37,450 units."

The Elite and Active models sold more than 10,000 units for the fourth consecutive month, showcasing customers' changing preference towards brands delivering high aspirational value at attainable prices, he added.