Hyundai Motor India sales up by 10% in October

By: |
New Delhi | Updated: November 3, 2015 11:23:42 AM

Hyundai Motor India Ltd (HMIL) today reported 10.3 per cent increase in total sales at 61,792 units in October.

Hyundai Motors Hyundai Motors India sold 47,015 units last month as compared with 38,010 units in October 2014, up 23.7 per cent in the domestic market. (Photo: Reuters)

Hyundai Motor India Ltd (HMIL) today reported 10.3 per cent increase in total sales at 61,792 units in October.

The company had sold 56,019 units in the same month last year, HMIL said in a statement.

In the domestic market, Hyundai sold 47,015 units last month as compared with 38,010 units in October 2014, up 23.7 per cent.

The company’s exports were, however, down 17.9 per cent to 14,777 units as against 18,009 units in the same month last year.

HMIL Senior Vice-President (Sales and Marketing) Rakesh Srivastava said: “Hyundai sales of 47,015 units are all-time highest with an all-time high sales of Grand i10 with 14,079 units and continued strong performance of modern premium brands Creta and Elite i20/Active.”

The company expects the growth momentum to continue in the coming months with improving customer sentiments, he added.

Get live Stock Prices from BSE and NSE and latest NAV, portfolio of Mutual Funds, calculate your tax by Income Tax Calculator, know market’s Top Gainers, Top Losers & Best Equity Funds. Like us on Facebook and follow us on Twitter.