Hyundai reports 1.9 per cent increase in sales at 53,516 units in May

Hyundai Motor India today reported 1.9 per cent increase in total sales at 53,516 units in May. The company had sold 52,514 units in the same month last year, HMIL said in a statement. In domestic market, Hyundai sold 41,351 units last month as compared with 37,450 units in May last year, up 10.41 per cent.

However, exports declined 21.64 per cent to 11,805 units as against 15,064 units in the same period last year. Commenting on the sales performance, HMIL Senior Vice-President (Sales and Marketing) Rakesh Srivastava said:

“In market seeing challenges of stressed rural demand and uncertainty on diesel vehicles, Hyundai volumes grew by 10.4 per cent with sales of 41,351 units...”

He said the growth has been driven by strong performance of the three models Creta, Elite i20 and Grand i10 with heightened expectations of increase in demand on the predictions of good monsoon.