Hyundai Maintains Growth This year

 Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter accounted the domestic sales of 34,751 units (35,000 units) and Exports of 21,011 units (22,071 units). The aggregate sales stood at 55,762 units (57,071units).

Commenting on the November sales, Mr Rakesh Srivastava, Vice President- Marketing and Sales, HMIL said, “The adverse market conditions due to high interest rates and inflation continued to pose challenges for growth. Increased diesel fuel price temporarily affected the strong momentum of diesel car sales. However, the festival season stimulated sales of petrol cars. Eon demand continues to grow month on month leading to supply challenges.”

HMIL sales	November 2011	November 2012	(%)		Jan - Nov, 2011	Jan - Nov, 2012	(%)
Domestic	35,000	34,751	-0.7		344,193	364,579	5.92
Exports	22,071	21,011	-4.8		222,897	228,869	2.68
Cumulative	57,071	55,762	-2.3		567,090	593,448	4.65

The segment- wise cumulative sales for November 2012 are: A2 segment 48,650 Units (Eon, Santro, i10, i20); A3 Segment 6,526 units (Accent and Verna); A4 Segment 513 units (Elantra); A5 segment 20 units (Sonata); SUV 53 units (Santa Fe).