Hyundai’s August car sales zooms 17.2 percent

By IANS,

New Delhi : The country’s second largest car manufacturer, Hyundai Motor India Limited (HMIL), Wednesday reported a 17.2 percent growth in sales in August 2010 as compared to the like period last year.


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Total sales for August stood at 50,636 units as against 49,521 units in the corresponding period of last year.

“We expect the demand in the domestic market to be even stronger in the coming festival season,” said Arvind Saxena, director, marketing and sales, HMIL.

The domestic sales accounted for 28,601 units as against 24,401 units in the like period of 2009. While exports declined by 12.3 percent from 25,120 units in August, 2009 to 22,035 units in August, 2010.

The company said it sold 45,804 A2 segment cars which include Santro, i10 and i20 sold, while A3 Segment cars like Accent and Verna sold about 4,806 units and A5 segment’s Sonata at 26 units.

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