Hyundai sales for December 2014 increase by 21 per cent

Hyundai Motor India Ltd (HMIL) has announced a 21 per cent hike in total sales for December 2014. The company sold 59,365 units last month while they had sold 49,078 units in the corresponding period in 2013.

Hyundai's domestic sales sum up to 32,504 units in December 2014 as against 28,345 units they sold in the same period in 2013 showing a hike of 14.7 per cent. Apart from the domestic sales, the manufacturer also exported 26,861 vehicles last month in comparison to the 20,733 units in the same month in 2013. In comparison, this shows an increase of 29.6 per cent in exports.

Rakesh Srivastava, Senior Vice President, Sales and Marketing, HMIL, said, "In the challenging market conditions of CY 2014, Hyundai did an all-time record high sales of 4.11 lakh units, with an all time high projected market share of 21.8 per cent in passenger cars on the strength of strong product portfolio, aspirational brand and customer focused strong channel."

Hyundai's newly launched Elite i20 created a lot of excitement when it was launched in August 2014 and is mainly responsible for the good sales figures. It is still enjoying a good demand and has tasted quite a bit of a success in the Indian market. The company will launch a crossover based on this hatchback and also the Verna facelift. These cars should also create a sensation when launched this year.