Hyundai posts 14.7% growth in December 2014

Published On Jan 02, 2015 11:55 AM By Bala Subramaniam for Hyundai Elite i20 2017-2020

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Hyundai Motor India Ltd sold a total of 32,504 units domestically posting a 14.7% growth over 28,345 units sold in December 2013. Hyundai’s exports number stood at 26,861 units, an increase of 29.6% against 20,733 units in Dec’13. Overall the company posted a 21% growth with cumulative sales of 59,365 units for the month of December 2014. The company recently announced that 2014 is the most successful year for Hyundai with record sales of over 4.10 lac units sold and the company also marked its highest market share with 21.6% in its 16 year history in India.

Commenting on the December sales Mr. Rakesh Srivastava, Sr. VP- Sales and Marketing, HMIL said, “ In the challenging market conditions of CY 2014 Hyundai did all time record high sales of 4.11 lac units with all time high projected market share of 21.8% in passenger cars on the strength of strong product portfolio , aspirational brand and customer focused strong channel.”