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Hyundai’s March sales up by 3.4 percent


New Delhi:Automobile manufacturer Hyundai Motor India (HMIL) on Friday reported an overall sales growth of 3.4 percent in March.

According to the company, its total sales for the last month stood at 51,452 units — up from 49,740 units sold in the corresponding month of 2015.

For the last financial year, the automobile manufacturer reported an increase of 15.1 percent in domestic sales to 484,324 units, its highest ever, as compared to 420,668 units sold during 2014-15.

“Hyundai for FY16 achieved an all-time highest volume of 484,324 units with 15.1 percent yearly growth with highest-ever market share of 17 percent plus, on the strong performance of models like Creta, Elite i20 and Grand i10,” said Rakesh Srivastava, senior vice president sales and marketing, HMIL.

For the month of under review, the company’s domestic sales grew by 4.2 percent to 41,201 units, from 39,525 units sold during the corresponding month of last year.

However, the company’s exports during last month inched up by 0.4 percent to 10,251 units from 10,215 units shipped out during March 2015.


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