
Hyundai Motor India Limited (HMIL) today announced that the gross sales of the company increased by 26.4 percent in the last February. In the past month, the company has sold a total of 61,800 vehicles. Which is much higher than the 48,910 units of February last year. Hyundai, South Korea’s leading vehicle manufacturer, has once again dominated the passenger car segment.
Hyundai has also seen a 29 percent increase in sales in the domestic market. The company has sold a total of 51,600 vehicles in the domestic market in the last February, which was just 40,010 units in February last year. At the same time, in the export market, the company’s sales have registered a growth of 14.6 percent, in the last month, the company has exported a total of 10,200 units of vehicles. In February last year, the company exported only 8,900 units of vehicles.
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Hyundai launched the next generation model of its famous SUV Hyundai Creta in the market in March last year. However, a few days after its arrival in the market, a lockdown was imposed across the country due to the corona epidemic. Despite this, this SUV has gained a foothold among customers and has played an important role in improving the company’s sales.
By the end of last year, the company introduced its third generation Hyundai i20 in the market. The car also performed well in the premium hatchback segment and has also been voted this year’s Indian Car of the Year. Now the company is going to soon introduce the 7 seater version of Hyundai Creta in the market under the name Alcazar. Recently a teaser of it has also been released, it is expected that the company can launch it in the coming weeks.
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