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 LOVE KUMAR GUPTA 

                                                                                        PGDM 3 SEM