Hyundai's July 2015 sales in India increase by 24.7 per cent

Hyundai Motor India Ltd. (HMIL) sold 36,500 units last month showing a 24.7 per cent hike in total sales. They had sold 29,275 units in July 2014.

HMIL exported 13,908 cars last month as against 18,739 units that they sold in July 2014. So unlike Hyundai's good performance in domestic sales, the company’s annual export volume fell by 25.8 per cent in the last month. Eventually, the cumulative sales for last month saw a hike of five percent as 50,408 units were sold in June 2015 in comparison to 48,014 cars sold in the corresponding period in 2014.

Rakesh Srivastava, Senior VP, sales and marketing, HMIL said, "Hyundai's new age product portfolio led by the newly launched Global SUV CRETA sustained the growth momentum with 24.7 per cent growth with a volume of 36,500 units. The tremendous response for the Global SUV CRETA, i20 Active & Elite i20 showcases the customers increasing preference and early adoption for game changer products offering novelty value in style, first in segment features and strong after sale assurances."

The manufacturer attributes this success to the various products in its portfolio and the addition of the new Creta will enhance this number further. The fiscal 2014-2015 has been substantially fruitful for the carmaker and with the addition of new products, HMIL should be able to garner a better market share in the Indian market.