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Hyundai and Nissan registers 4.7% & 89% sales growth in September

Snapshot: Hyundai Car India and Nissan Motor India Pvt. ltd. registered 4.7% & 89% sales growth, respectively, in the month of September 2016.

Country’s largest passenger car exporter, reported an increase of 4.72 percent in the total sales at 59,211 units as compared to 56,539 units in the corresponding month last year. While the Japanese car maker, Nissan sold 4,948 vehicles in the domestic market versus 2616 units in the same month last year, marking a growth of 89 percent in the sales.

Hyundai registered the domestic sales of 42,605 units as against the 42,505 units in September last year, where sales saw a marginal increase. The Japanese car maker also reported an increase of 48 percent in the first half of this financial year, where it sold 29,029 units sold in the period between April - September this year against 19,563 units in the same period  in 2015.

Speaking on the September sales Mr. Rakesh Srivastava, Sr. Vice President Sales and Marketing, Hyundai Motor India Ltd. said, “Hyundai with a domestic volume of 42,605 units in September ‘16 registered highest ever sales of 370,448 units for the CY (Jan-Sep ‘16) with a sustained growth of 7.9% with a strong portfolio of Modern Premium products led by Creta, Elite i20 and Grand. We hope that the festive season will see a benchmark growth in the industry with the evenly spread monsoon along with the 7th Pay commission building to positive sentiments in the market.”

 

Commenting on the sales results, Arun Malhotra, managing director, Nissan Motor India Pvt. Ltd., said, “Fiscal 2016 has been encouraging for us, especially the last quarter. Nissan has delivered solid results and we will begin the next quarter & festive season on a good note. Datsun redi-GO sales continue to be strong and we are delighted by its acceptance with consumers in India.”

Recently, it occurred online that Hyundai is working over the Hyundai Carlino-based compact SUV that could get a turbo-petrol pwertrain.  

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