Hyundai domestic sales up 3.4 percent
By IANSFriday, May 1, 2009
NEW DELHI - Hyundai Motor India, the second largest car manufacturer in the country, recorded a 3.4 percent growth in its domestic sales for April 2009 at 22,247 units against 21,510 sold the same month last year.
‘As compared to last year we saw a modest growth in April. However, we still feel that the market is far from a complete turnaround and it will be a while before we see healthy double digit growth,’ Hyundai’s senior vice president of marketing Arvind Saxena said in a statement.
However, the company, which is also India’s largest automobile exporter, posted a healthy 19.6 percent increase in its export sales - 33,247 units sold last month as compared to 18,499 sold in April 2008.
The cumulative growth in sales - domestic and exports combined - during the month was 10.9 percent.
