Hyundai Motor India Ltd (HMIL), the country’s second largest
car manufacturer and the largest passenger car exporter, registered 12.3
percent growth in Exports for the month of March 2013. The domestic sales
accounted for 33,858 units and exports stood at 22,579 units.
Rakesh Srivastava,
Vice President, Sales and Marketing, HMIL said: “The slowdown of
economy is impacting vehicle sales. Against large base of last year there was a
sharp drop in conversion of enquiries in the absence of any positive stimulus
and sentiments. We foresee the pressure on volumes to continue till there is
significant improvement in macro-economic factors. In the last quarter, Hyundai
gained in market share with its strong performance and marketing initiatives as
during slow down customers prefer products with higher quality, assurance and
aspiration”.
The segment-wise cumulative sales for March 2013 are: A2
segment 47,678 units (Santro, Eon, i10); A3 Segment 8,143 Units (Accent and
Verna); A4 Segment 546 units (Elantra); A5 segment 20 (Sonata); SUV 50 units
(Santa Fe).
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