Hyundai Motor India Ltd records highest ever sales

Hyundai Motor India Ltd, the country's second largest car manufacturer recorded cumulative sales for the month ending 30 November 2009. The cumulative sales accounted for 55,265 vehicles reflecting a 28.5-per cent growth, compared to last November.

The domestic market was the biggest gainer as it almost doubled its sales to 28,162 vehicles this month registering a growth of 92.8 per cent over the same month last year.

The exports however showed a slight decline as it fell by 4.6 per cent as compared to the same period last year. In September, 2009 HMIL had clocked cumulative sales of 53,802 units which had been the highest till now.

HMIL's total sales for November 2009 stood at an all time high of 55,265 vehicles against 43,020 units in November, 2008 registering 28.5 per cent cumulative growth.

The domestic sales grew at a whopping 92.8 per cent and accounted for 28,162 vehicles as against 14,605 in November 2008 while the exports dipped marginally to 27,103 vehicles as compared to 28,414 last November – a fall of 4.6 per cent.

''The overall economic scenario has been positive and this has translated in to more footfalls in the showroom and higher automobile sales as indicated by this month's figures," said Arvind Saxena, senior vice president, marketing and sales, HMIL.

"We hope the economy will continue on a growth trajectory as it will help the Indian automotive industry to maintain a double digit growth figure.''

The segment-wise cumulative sales in the month of November, 2009 were: A2 Segment (Santro, i10, Getz & i20) 50,501 vehicles; A3 Segment (Accent and Verna) 4,748 vehicles; A5 Segment (Sonata Transform) 15 vehicles; and SUV Segment (Tucson) 1 vehicles.