Hyundai’s May sales up 1.5 percent

New Delhi, June 1 (IANS) Hyundai Motor India (HMIL) on Monday reported a 1.5 percent rise in its sales for May at 52,515 units.

The company had sold 51,718 units in the corresponding month of 2014.

“In a market experiencing low growth with decreasing contribution of rural and diesel vehicles sales, Hyundai volumes grew to 37,450 units,” said Rakesh Srivastava, senior vice president for sales and marketing, HMIL.

According to Srivastava, May was the fourth consecutive month in which the company sold more than 10,000 units of ‘Elite’ and ‘Active’ brands.

The company’s domestic market sales grew by 3.4 percent and stood at 37,450 units during the month under review from 36,205 units sold in May, 2014.

However, the largest passenger car exporter in the country only managed to ship-out 15,065 units in May, 2015, which is a decline of 2.9 percent from 15,513 units being sold abroad in the corresponding month of the previous year.

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