Hyundai’s new models help drive up April sales by 8%
Hyundai’s exports, however, dropped 39% to 14,974 units. Photo: HT
Mumbai:
Hyundai
Motor India Ltd, the country’s second largest car manufacturer and
largest passenger car exporter, sold 35,248 units in April, up 8.8%
compared with a year ago, the company said in a statement on Thursday.
The sales were propped up by new models such as the Xcent, a compact sedan, Grand i10 and Santa Fe, the premium SUV offering. The company’s exports, however, dropped 39% to 14,974 units.
“The sales are in line with this year’s objective of
growth in volume and market share. Growth is led by sedan and utility
vehicles across geographies, with new products,” said Rakesh Srivastava,
senior vice presidents (sales and marketing) in a statement.
The company hopes to maintain the positive momentum this
year by strengthening its product portfolio and improving channel
efficiencies, he added.
NAME RAHUL SINGH 2
PGDM 2 SEM
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