Hyundai Motor India Ltd registered 9.5%
growth in domestic sales for June 2014 at 33,514 units against 30,610
units sold during June 2013. Exports for June 2014 stood at 17,004 units
while total sales stood at 50,518 units which records 7.6% de-growth as
in comparison with June 2013.
“Hyundai
with a volume of 33,514 units has grown by 9.5% over last year on the
phenomenal success of Xcent, Grand and Santa Fe. With the extension of
excise duty benefit, we hope to maintain the growth in volume while
strengthening our product portfolio and improving channel efficiencies.”
Said Mr. Rakesh Srivastava, Sr. VP- Sales and Marketing, HMIL.
Ford India:
Ford
India sold 11,935 vehicles in combined domestic wholesales and exports
in June 2014, registering 36% growth in comparison with 8,771 vehicles
sold during June 2013.
The domestic
sales were 7,258 units in June 2014; a growth of 51% in comparison with
the 7,145 units sold in June 2013. The exports were 4,677 vehicles in
June 2014 against 1,626 units during June 2013, registering strong
growth of 188%.
“The
Government’s decision to extend the excise duty concession is a welcome
move and will certainly uplift consumer purchasing sentiments as we
head into the festive season over the next few months,” “It reflects the
government’s recognition of the importance of the manufacturing sector
and its contribution to overall economic growth.”
The
2014 Fiesta, with its best-in-class driving dynamics, design and in-car
technology, is a complete package that delivers much more than the
expectations of customers in this segment and offers an exceptional
value and a compelling option for discerning enthusiasts,” said Vinay
Piparsania, executive director of Marketing, Sales and Service at Ford
India.
Source: Autobei
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