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Hyundai's January-June car sales up 21%

July 02, 2003 17:51 IST
Source:PTI

Hyundai Motor India on Wednesday said its car sales grew by 21 per cent during January-June 2003 to 65,307 units, following good demand for the newly launched compact car Santro Xing.

The company's domestic car sales grew by 39 per cent in June 2003 to an all-time high of 11,941 units, from 8,568 units in the same month last year, a company release said in New Delhi.

The domestic sales of Santro went up by 41 per cent to a record 9,672 units during the month.

Hyundai's overall car sales (including exports) jumped by 40 per cent to a high of 12,843 units, the release said.

"The Santro Xing has clearly emerged as a big winner for us, notching up record volumes in its segment in its first month of sales. We are now channelling our efforts to meet the challenge of balancing the growing domestic demand for the car with its emerging export potential," J I Kim, Hyundai India managing director, said.

Source: PTI
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