New Delhi, June 1, 2017: Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter registered the domestic sales of 42,007 units for the month of May 2017.
Commenting on the May sales Mr. Rakesh Srivastava, Director – Sales and Marketing, HMIL said, “Hyundai volumes are 42,007 units maintaining the growth momentum in passenger vehicles on the strength of demand pull created by the ICOTY winner Grand i10, Elite i20, Creta and the newly launched All New Xcent registering a growth of 30% thus overcoming the challenges posted by the implementation of GST which will be a boon for the auto industry creating a single, seamless and large market with gains to customers .”
|HMIL sales||May 2016||May 2017||(%)|
Hyundai Motor India Limited (HMIL) is a wholly owned subsidiary of Hyundai Motor Company (HMC). HMIL is the largest passenger car exporter and the second largest car manufacturer in India. It currently has ten car models across segments – Eon, Grand i10, Elite i20, i20 Active, Xcent, Verna, Creta, Elantra, Tucson and Santa Fe. HMIL’s fully integrated state-of-the-art manufacturing plant near Chennai boasts advanced production, quality and testing capabilities.
HMIL forms a critical part of HMC’s global export hub. It currently exports to around 87 countries across Africa, Middle East, Latin America, Australia and the Asia Pacific. HMIL has been India’s number one exporter for the last 10 years consecutively. To support its growth and expansion plans, HMIL currently has 479 dealers and over 1,250 service points across India. In its commitment to provide customers with cutting-edge global technology, Hyundai has a modern multi-million dollar R&D facility in Hyderabad. The R&D center endeavours to be a center of excellence in automobile engineering.