Hyundai cumulative sales up by 11.5 Percent in October 2014

India the second largest car manufacturer and the largest car exporter Hyundai Motors has registered the domestic sales 38,010 units and exports of 18,000 units with cumulative sales of 56,010 units for the month of October 2014.

Commenting on the October sales Mr. Rakesh Srivastava, Sr. VP- Sales and Marketing, HMIL said, “Hyundai volumes grew by 9% over last month with significant increase in sales of additional and replacement buyers propelled by strong demand lead by new models like Elite i20, Xcent coupled with festival buying. We anticipate that this positive momentum would build up further with increase in sales of entry buyers if there is strong promise of improvement in economic and macro factors in rural and urban markets “