Hyundai Creta, i20, i10 help company sales cross 7 L in India for 1st time
Hyundai Motor India Ltd (HMIL) domestic sales growth for December 2018 is reported at 4.8 percent. The company reports 42,093 units sold, up from 40,158 units sold in December 2017.
Through calendar year 2018, Hyundai India sold 7,10,012 units, up 4.7 percent from 6,78,221 units sold in 2017. For Hyundai this is the highest ever sales the company has clocked in a calendar year.
Domestic sales for the year is up 4.3 percent at 5,50,002 units sold in India in 2018, up from 5,27,320 units sold in 2017. Exports account for 1,60,010 units, up 6 percent from 1,50,901 units exported in 2017. Helping Hyundai India achieve record sales were their best selling cars – Creta, Elite i20 and Grand i10.
Vikas Jain, National Sales Head said, “The Calendar Year 2018 has been an Year of Achievements for Hyundai Motor India, registering highest-ever domestic volume of 550,002 units with a growth of 4.3% on strong performance of the newly launched new Santro, Grand i10, Elite i20, Creta, and Verna under the ‘Modern Premium Brand Direction’.
Our blueprint for 2019 is to develop innovative mobility solutions and technologies that combine smart, connected and intelligent driving and transform peoples’ lives to A Happy Life.”
In November, the company launched its popular small car, Santro following a few years gap when the company had pulled the car from it’s lineup. Despite the time gap, Santro made it into the list of top bestsellers almost as soon as it was launched. New Hyundai Santro was made available at an entry price point of Rs 3.89 lakh. However, the car will now be available at a slightly increased price as Hyundai India has announced a price hike across its range by upto 30k.
Last month, Hyundai India announced the appointment of Seon Seob Kim as MD and CEO. He replaces Young Key Koo, who completes his third stint in India. The company now gets ready for a couple of new car launches, all scheduled to take place in 2019. These include updated i20, Grand i10 and all new Carlino compact SUV to take on Maruti Brezza and Tata Nexon.