Hyundai records a growth of 3.4% in March
Hyundai Motor India Ltd, that recently launched its sub-four meter compact sedan Xcent, has seen a growth in domestic sales by 3.4%. The manufacturer managed to sell a total of 35,003 units in March 2014, while last year the company sold a total of 33,885 units.
Khan Mohd.
Published On Apr 01, 2014 15:17 IST
Published OnApr 01, 2014 15:17 IST
Last Updated OnApr 01, 2014 15:17 IST
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.jpg?tr=w-1200,q-80 "Hyundai")
However, in terms of exports the company failed even to repeat last year's number, let alone the growth. Company's hottest selling product Grand i10 along with recently introduced Xcent looked promising in terms of giving manufacturer a fresh start in the new financial year.
Commenting on the March sales Mr. Rakesh Srivastava, Sr. VP- Sales and Marketing, HMIL said, “Post the reduction of excise duty and with the strong performance in compact segment; Hyundai registered March sales of 35,003 units with a growth of 3.4% over corresponding month indicating a build-up of positive momentum.”
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<p>Holding a Bachelor's degree in Biotechnology and later a Master's degree in English Literature, Irfan always loved to play around with words. His aim is to strive hard and gain knowledge which could be then skilfully employed in the journey of life. He believes in learning new things and that's one of the reasons why he is a writer today. Additionally, he keeps an eye on what's the latest buzz on the automobile planet. Managing things and people are some of his tasks at CarDekho. With an experience of half a decade in a variety of domains, his journey to learn is still on...</p>Read more
