Hyundai beings New Fiscal with 2.6 Percent Growth

India’s second largest car maker Hyundai Motor India Ltd (HMIL) on Friday said it closed last month with a marginal 2.6 percent sales growth. In a statement, the company said it sold 51,505 units (domestic 36,601 units, exports 12,904 units) last month up form 50,222 units (domestic 35,248 units, exports 14,974 units) sold in April 2014.

“Hyundai with a volume of 38,601 units continued the growth momentum with 9.5 percent increase over last year on the strength of strong and young product portfolio led by 12,425 units of Elite i20 and i20 Active in a challenging market conditions especially in the rural market,” Rakesh Srivastava, senior vice president-sales and marketing was quoted as saying in the statement. (IANS)