Hyundai India car sales decline 14% for Oct 2013
Hyundai India, India’s second largest car manufacturer, and largest car exporter, has revealed their sales report for the month of October 2013. The South Korean brand sold a total of 50,212 units in October 2013, which is a considerable drop as compared to cars sold in Oct 2012.
Hyundai India’s domestic sales increased by 0.6% for Oct 2013, when they sold 36,002 units, compared to 35,778 units in Oct 2012. Commenting on October sales Mr. Rakesh Srivastava, Senior Vice President, Sales & Marketing, HMIL said, “In this challenging market environment, sales have increased over last month by 17% on account of monsoons, festival buying and strong sales of 11,519 units of new model Grand which received an overwhelming customer response making it to the top five volume sellers within 2 months of its launch.”