Hyundai India achieves new milestone of 5 Lakh units in 2016

Hyundai India Registered 2016 cumulative sales of 6,62,054 units with a growth of 2.9%.

Hyundai Motor India, achieved a new sales milestone in the Indian market by registering sales of over 5 lakhs in the Indian market for the first time. The company sold 5,00,537 units in CY 2016 registering a growth of 5.2% .

Hyundai also celebrated the roll out of 7 Millionth car in November’16 which is quite impressive as very few India companies have managed to cross this figure.

Hyundai India has been banking on the stellar performance of the Elite i20, Grand i10 and Creta which have helped the company to register good volumes.

2016 saw the launch of new Elantra and new Tucson SUV. The company will introduce the facelifted Grand i10, facelifted Xcent compact sedan, minor tweaks to the Creta and may also introduce the new small car badged as the new Santro.

Commenting on HMIL’s performance in Calendar year 2016, Mr. YK Koo, MD & CEO, Hyundai Motor India said,

“ 2016 has been an Year of Excellence for Hyundai in India achieving various milestones – Celebrating 20 years in India, the roll out of 7 Millionth car in November’16, crossing the 5 lakh domestic sales in CY2016 and the fastest 50,000 unit sales in the month of October.

The launch of All new Elantra and Tucson have created new benchmarks in their respective segments signifying Hyundai as a trendsetter brand in India. Hyundai brands have also scored top rankings in both quality and design parameters in IQS and APEAL studies. Hyundai, a lifetime partner in  automobile and beyond, will continue to bring world-class products, services to the customers and be a socially responsible corporate to realize long term vision of being the most loved and trusted brand.”

Sales figures

CY’16 CY’15

%

Domestic

5,00,537

4,76,001

5.2

Exports

1,61,517

1,67,268

-3.4

Cumulative

6,62,054

6,43,269

2.9

 

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