Hyundai Motor India Ltd (HMIL) has announced a four per cent increase in domestic sales. The manufacturer sold 42,327 units last month in comparison to the 40,716 units sold in February 2016.
Hyundai’s cumulative sales also increased by six per cent like the upward trend in sales in the domestic market. The carmaker sold 52,734 units in February 2017 as compared to 49,729 vehicles in the same month last year. This growth in sales sustained as Hyundai's exports also climbed by 15.5 per cent with 10,407 units sold overseas as against 9,013 units in the corresponding period last year.
Hyundai continues to sustain the growth trajectory in sales owing to their strong product portfolio. There is a strong demand for the Elite i20, Creta and Grand i10 helping the carmaker achieve good volumes in the Indian market.
Rakesh Srivastava, Senior Vice President, sales and marketing, HMIL, said, "Hyundai with an all-time highest ever sales of 9,002 units of Creta SUV had a domestic all models volume of 42,327 with a growth of four per cent with increased customer visits and conversions on the strength of improved customer confidence generated by the Union Budget positively impacting the customer disposable income and overall business sentiments. With this Hyundai also continues its positive growth momentum month on month strengthening its brand trust within the customers."