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    Hyundai witnessed the Elite Growth of 14.5 per cent

    Beaming on the glow of two recent launches (Xcent, Elite i20), Hyundai Motor India Ltd (HMIL) witnessed a growth of 14.5 per cent for the month of September. Country’s second largest car manufacturer retailed 35,041 units and exported 16,430 units which resulted in a cumulative sales of 51,471 units.

    Sourabh
    Sourabh
    Published On Oct 01, 2014 16:18 IST
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    Published OnOct 01, 2014 16:15 IST
    Last Updated OnOct 01, 2014 16:18 IST
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    Mr. Rakesh Srivastava, Sr. VP- Sales and Marketing, HMIL on the business for the month of September said, “Hyundai volumes have grown by 14.5 % for September and 12.8% for first half of the year with strong performance of new models lead by 8,902 units of new Elite i20. In this festive season, we are seeing a significant increase in first time buyers and exchange buyers which is very encouraging as it will accelerate the positive momentum already being experienced in the last few months.”

    Hyundai-Elite-i20

    The company also launches a unique viral campaign featuring Hyundai’s premium SUV- Santa Fe. The advertisement named as Santa Fe Aliens Capture is an initiative of the automaker to expand the outreach through digital medium. In the video, the story unfolds to show how aliens are trying to invade the powerful and dynamic Santa Fe but what happens when the unmatched power of Santa Fe overpowers the supremacy of aliens and how the extraterrestrials end up being the slaves of humans!

    Moreover, Hyundai exports reported a loss of 21.1 per cent as the carmaker shipped 16,430 units compared to 20,816 units last year for the same period. While the cumulative sales increased from 51,417 units to 51,471 units registering a minor growth of 0.1%. 

    Read More on : Hyundai i20 detailed review

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    Sourabh
    <p><span>Starting from a Stock Broker to an Investment Adviser to a News Reporter at CarDekho, Sourabh describes his journey so far to be full of twists and turns. His fascination towards cars actually led him to the automotive arena. In a car, besides the powertrain, he loves to explore the luxurious features integrated with some sophisticated electronic components. He holds a bachelor's degree in Electronics &amp; Communication Engineering, which further helps him explain the complex technical terminologies in a simple language to the users. He tends to explore the technological advancements found in the latest vehicles. He heads the comment moderation team at CarDekho Forum along with his contribution in News, Features and RoadTest.&nbsp;</span></p>Read more

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