Hyundai’s Dec sales up 21 percent


Automobile manufacturer Hyundai Motor India Thursday reported an increase of 21 percent in Dec 2014 at 59,365 units from 49,078 units in the corresponding month of 2013.

The company said its domestic sales during the month under review grew by 14.7 percent and stood at 32,504 units – up from 28,345 units sold in the corresponding month of 2013.

The company’s exports last month zoomed by 29.6 percent at 26,861 units – up from 20,733 units shipped out during Dec 2013.

“In the challenging market conditions of calendar year 2014 Hyundai did all time record high sales of 4.11 lakh units with all time high projected market share of 21.8 percent in passenger cars on the strength of strong product portfolio , aspirational brand and customer focused strong channel,” Rakesh Srivastava, senior vice president, sales and marketing, Hyundai Motor India.