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Verna Sale ZOOMs in January 2008

By: carlover2008 | Posted Feb 01, 2008 | Automobile | 442 Views

Hyundai sold appox 4,250 cars in A2 segment. Out of this appox 500 is Accent. Remaining 3,750 Verna. Compared to this Maruti sold total 2,900 SX4+Esteem (left over). Looks like SX4 hype has fizzed away due to poor quality and mileage.


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1st February , 2008Hyundai posts highest ever sales with 37,701 units-Domestic sales up by 39.1%, overall growth by 41.4%-


New Delhi, February 1, 2008:Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter, today announced a record sales growth for the month of January 2008.


The company registered a robust growth in the month of January 2008, its highest ever monthly sales since inception, as it recorded an overall growth of 41.4 % in January 2008 over the same month last year. The domestic sales grew by 39.1 % while the exports grew by 45.6 % over January 2007. Also since the launch of i10 in the month of October last year, the sale of the vehicle has crossed 25,000 units.


The total sales stood at 37,701 units. While the domestic market accounted for 24,301 units, exports totaled 13,400 units in January 2008. The cumulative sales for January 2007 had been 26,661 units.


Commenting on the record sales, H S Lheem, Managing Director, HMIL said, “We are absolutely delighted by these figures and we believe it shows the strength of the brand Hyundai. I am particularly grateful to all of our employees, dealers & suppliers whose level of commitment to outstanding customer service has been instrumental in our growth.”


"The all-new i10 is off to an amazing start. It has emerged as a clear winner by winning the hearts of the consumers and the industry alike, it has also won all the prestigious ‘Car of the year’ awards by Business Standard Motoring, CNBC TV18 Autocar, NDTV Car and Bike India and Overdrive magazine," said Mr. Lheem.


"We are also doubling the production capacity to 600,000 units per annum by inaugurating the second plant tomorrow in Chennai which will have a capacity of 300,000 units per annum , to cater to the increased market demand for Hyundai brand of vehicles in India and overseas.” he added.


The segment-wise cumulative sales in the month of January 2008 are as follows: A1 Segment — 33,434 units; A2 Segment – 4236 units;


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