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Hyundai, Mahindra domestic sales up by by 9.7 & 14% in April

Snapshot: Hyundai and Mahindra registered domestic sales up by by 9.7 & 14% in April

The domestic sales for the month of  April has been quite pleasing for the car manufacturers, where Hyundai sold 42,351 units in April 2016 as against 38,601 units sold in April last year, a growth of 9.7 percent. While Mahindra registered a rise of 14 percent in auto sales, by selling 39,357 units during April 2016 compared to 34,467 units during April 2015. Mahindra’s passenger vehicle segment that includes UVs, Cars and Vans sold 22,655 units in April 2016 as against 19,464 units during April 2015, making a growth of 16 percent.

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Commenting on the April sales, Mr Rakesh Srivastava, Sr. Vice President, Sales and Marketing, Hyundai Motor India Ltd. said, “In an industry seeing challenges on Rural sales, Diesel Vehicle sales, Hyundai continued its growth momentum with volume growth of 9.7% over last year with strong performance of the three “India Car of the Year” brands Creta, Elite i20, Grand with increasing preference of customers for New Age brands supported by strong service assurance and low cost of ownership.”

HMIL sales

April 2015

April 2016

(%)

Domestic

38,601

42,351

9.7

Exports

12,904

12,069

-6.5

Cumulative

51,505

54,420

5.7

 

 

 

 

 

 

Speaking on the auto sales performance for April 2016, Pravin Shah, President & Chief Executive (Automotive), M&M Ltd. said, “At Mahindra we are happy to have begun the new financial year with a growth of 14%. We do hope that the Honorable Supreme Court, while taking a decision  on diesel vehicles ban in NCR region on May 9,  will  take cognizance of all the facts including  the role that the automotive industry plays in the country’s industrial growth. Going forward we hope to maintain our growth momentum with our wide range of product portfolio as well as  the new  launches of variants and refreshes, as per the need of  our customers. “

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