Hyundai Motor India Ltd (HMIL), the country’s second largest
car manufacturer and the largest passenger car exporter registered the domestic
sales of 39,525 units and exports of 10,215 units with cumulative sales of
49,740 units for the month of March 2015.
Commenting on the March sales Mr. Rakesh Srivastava, Sr. VP-
Sales and Marketing, HMIL said, “In a market with weak sentiments, Hyundai
achieved its highest-ever single month sales of 39,525 units with highest-ever
financial Year sales of 4,20,668 units. The market share of 16.3% was
highest-ever with strong performance of successful launch of new models like
Elite, i20 Active, Xcent & Verna and lead by strong marketing initiatives
to engage rural markets and repeat buyers.”
“The 2015 outlook seems challenging as currently there is
low traction in the market with weak delivery on macro-economic parameters and
on low customer’s sentiments. We are hopeful that an environment will be
created to bring-in investment and create employment that will give the
required thrust to grow the industry.”
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