– Domestic sales stood at 37,562 in June 2017
New Delhi, July 1, 2017: Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter registered the domestic sales of 37,562 units for the month of June 2017.
Commenting on the June sales Mr. Rakesh Srivastava, Director – Sales and Marketing, HMIL said, “In a challenging market fueled with speculations on the GST tax structure; Hyundai registered highest ever half year (H1: Jan –June 2017) domestic sales at 2,53,428 units with a growth of 4.1% on account of strong acceptance of super performer brands Grand i10, Elite i20 and Creta in Pre-GST business environment. We expect a positive demand pull post the successful implementation of GST in the coming months as industry will witness heightened level of customers’ interest in a seamless unified single market.”
HMIL sales – June 17 | June 2016 | June 2017 | (%) |
Domestic | 39,807 | 37,562 | -5.6 |
HMIL sales H1 2017 (Jan-June) | H1 2016 | H1 2017 | (%) |
Domestic | 2,43,442 | 2,53,428 | 4.1 |
About HMIL
Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC). HMIL is the largest passenger car exporter and the second largest car manufacturer in India. It currently has ten car models across segments – Eon, i10, Grand i10, Elite i20, Active i20, Xcent, Verna, CRETA, Elantra and Santa Fe. HMIL’s fully integrated state-of-the-art manufacturing plant near Chennai boasts advanced production, quality and testing capabilities.
HMIL forms a critical part of HMC’s global export hub. It currently exports to around 85 countries across Africa, Middle East, Latin America, Australia and the Asia Pacific. HMIL has been India’s number one exporter for the last 10 years consecutively. To support its growth and expansion plans, HMIL currently has 480 dealers and more than 1,250 service points across India. In its commitment to provide customers with cutting-edge global technology, Hyundai has a modern multi-million dollar R&D facility in Hyderabad. The R&D center endeavors to be a center of excellence in automobile engineering.