Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter, registered a marginal decline in cumulative sales for the month of January 2009. While the domestic sales dropped by 13.5% the exports grew by 20.9 %. The cumulative sales however dropped by 1.3%.
HMIL’s total sales for January, 2009 stood at 37,216 units against 37,700 units last in January, 2008. The domestic market accounted for 21,016 units, compared to 24,301units for the same month last year while the exports totaled 16,200 units in January, 2009, against 13,399 units of January, 2008.
Arvind Saxena, Sr. Vice President - Marketing and Sales, HMIL said, “2009 as we had predicted is going to be a very challenging year for the entire automotive industry. However, for HMIL the launch of the i20 has been very positive and in the first month itself we have bookings of over 2500 units for the domestic market In the overseas market also the i20 has been received very well in spite of the slowdown we have shipped over 6500 units and we are hopeful we will be able to maintain our market position in the coming months riding on a strong product line up in the entire compact segment.”
The segment-wise cumulative sales in the month of January, 2009 are as follows: A2 Segment (Santro, i10, Getz & i20) 35,096 units; A3 Segment (Accent & Verna) 2057 units; units, A5 Segment (Sonata Transform) 62 units; and SUV Segment (Tucson) 1 unit.
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