August 06, 2012

Hyundai domestic sales up by 7.6 per cent in July

Hyundai Motor India Ltd (HMIL) registered aggregate sales of 52,845 units (49,666 units) in July, up 6.4 per cent from the corresponding month last year, domestic sales were 27,585 units (25,642 units) up 7.6 per cent and exports were 25,260 units (24,024 units) up
5.1 per cent.

"The overall market demand is suppressed due to general inflationary trend, high fuel prices and interest rates. Unless any major triggers get activated, market sentiment is not expected to improve very much," said Rakesh Srivastava, Vice-President, National Sales, HMIL.


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