Hyundai Motor reports highest ever India sales
01 Oct 2009
New Delhi: Hyundai Motor India Ltd, the indian subsidiary of south Korean automaker, Hyundai Motors, said its cumulative sales peaked at a record 53,804 units in September, 2009 - its highest ever.
Its sales in september 2008 were 46,218 units.
The company said in a statement that after months of slowdown, the domestic market, buoyed by the strong festive season sales, recorded a growth rate of 25 per cent after months of fluctuating sales.
Overseas sales grew at a modest 9 per cent as the export market slowed down with the scrappage incentive coming to an end in most European markets.
The domestic sales accounted for 27,803 units as against 22,311 units in September 2008, while the overseas sales grew from 23,907 units last September to 26,001 units in September, 2009.
According to Arvind Saxena, senior VP, marketing and sales, HMIL, said, ''The sales for the month of September were promising as we not only recorded the highest figures in our 11 years of operations but also this year the festive season has been encouraging as customers returned to the showroom. We hope that this will be the turning point for the automotive industry and if sales remain strong during the coming Diwali then we can look at double digit growth figures for the current year''.
The segment-wise cumulative sales in the month of September, 2009 are:
| Category | Brands | Sales |
| A2 segment | Santro, i10, Getz & i20 | 49,482 units; |
| A3 segment | Accent & Verna | 4,269 units; |
| A5 segment | Sonata Transform | 52 units; and |
| SUV segment | Tucson | 1 unit. |
Hyundai india is the country's second largest car manufacturer and the largest passenger car exporter Santro rolled out.