Hyundai's domestic sales up 10.9% for April 2012

Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer today reported a 10.9% growth in domestic sales for the month of April 2012. For the record, Hyundai registered domestic sales of 35,070 units last month as compared tot he 31,636 units sold in the corresponding month last year. It may be noted here that the aggregate sales touched 54,606 units (52,057 units) up 4.9 % for the same period.

Commenting on the April domestic sales, Arvind Saxena, Director, Marketing and Sales, HMIL said, “Consumer confidence continues to be weak, prices went up following the excise hikes in the Union Budget and interest rates are yet to come down. Given the present conditions it’s a challenging market.”

HMIL Sales	April 2011	April 2012	Growth%
Domestic	31,636	35,070	10.9
Exports	20,421	19,536	- 4.3
Cumulative	52,057	54,606	4.9

The segment-wise cumulative sales for April 2012 are: A2 segment 44,891 units (Eon, Santro, i10, i20); A3 Segment  9,579 units (Accent and Verna); A5 segment 66 units (Sonata); SUV 70 units (Santa Fe).