Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter, registered a 1.8% decline in cumulative sales for the month of March, 2009. While the domestic sales dropped by 15.8 % the exports grew by 21.6%.
HMIL’s total sales for March, 2009 stood at 46,160 units against 47,001 units in March, 2008. The domestic market accounted for 24,754 units compared to 29,401 units for the same month last year while the exports totaled 21,406 units in March, 2009 against 17,600 units of March, 2008.
Arvind Saxena, Sr. Vice President - Marketing and Sales, HMIL said, “As we had stated last month the industry is far from seeing a turn around at this moment. If we look at the February and March sales combined and compare to 2008 for the same period then we have registered a growth of 4.5 % whereas March ’09 sales over February ‘09 have grown by 16.7%.”
The segment-wise cumulative sales in the month of March, 2009 are as follows: A2 Segment (Santro, i10, Getz & i20) 41,802 units; A3 Segment (Accent & Verna) 4,285 units, A5 Segment (Sonata Transform) 70 units; and SUV Segment (Tucson) 3 unit.
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