Odisha News Insight

Hyundai’s December sales up 8 Percent

Hyundai'New Delhi, Jan 1: Automobile manufacturer Hyundai Motor India on Friday reported an overall sales growth of eight percent for December 2015.

According to the company, its total sales for the last month of the last year stood to 64,135 units – up from 59,391 units sold during the corresponding month of 2014.

The company’s domestic sales in the month under review grew by 28.8 percent to 41,861 units, from 32,504 units sold during December 2014.

However, the company’s exports during last month plunged by 17.2 percent to 22,274 units from 26,887 units shipped out in the corresponding period of 2014.

“With strong performance of Grand i10, Elite i20 and Creta in December, Hyundai domestic volume grew by 28.8 percent with 41,861 units,” said Rakesh Srivastava, senior vice president for sales and marketing with Hyundai Motor India.

In addition, the company reported a cumulative sales growth of 15.7 percent for 2015.

“The calendar year sales were an all-time high record of 476,001 units with a cumulative growth of 15.7 percent and projected highest ever market share of 17.2 percent on the strength of its modern and premium aspirational brands,” Srivastava added.  (IANS)

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