Hyundai Motor India on Wednesday said its car sales in the domestic market grew 21.% in September, compared to the same month last year, helped by the demand for its newly launched sports utility vehicle Creta as well as older models like Elite i20, i20 Active and Grand. But its exports declined because of higher than expected demand in the domestic market for its Creta.
The company reported a 9.83 per cent increase in total sales at 56,535 units in September. It had sold 51,471 units in the same month last year, HMIL said in a statement.
The South Korean car maker sold a total of 42,505 units in the domestic market, the company said in a release. The company had sold 35041 units in September last year.
In the April-September period, the sales for the company went up by 14.2% on year, the company said.
However, Hyundai’s exports fell 14.6% in September to 14030 units against 16430 units in September last year. The country’s second largest car-maker has said it is delaying exports of models like Creta due to high demand in the domestic market.
HMIL Senior Vice-President (Sales and Marketing) Rakesh Srivastava said: “Hyundai grew by 21.3 per cent with its highest-ever monthly domestic sales of 42,505 units in a single month in its last 17 years on the strong performance of its modern premium brands like CRETA, Elite i20, i20 Active and Grand.”
With agency inputs