Hyundai Motor India Limited (HMIL) has reached a significant domestic sales milestone of 5,00,537 units for the year 2016, registering a growth of 5.2 percent.
This the first time the South Korean has achieved 5 lakh domestic sales milestone in a given year. Including exports and sales in thedomestic market, Hyundai Motor India sold 6,62,054 units in 2016 registering a record year-on-year growth of 2.9 percent.
YK Koo, MD & CEO, Hyundai Motor India said that the year 2016 has been a Year of Excellence for Hyundai in India achieving various milestone - Celebrating 20 years in India, the roll out of 7 Millionth car in November 2016, crossing the 5 lakh domestic sales in CY2016 and the fastest 50,000 unit sales in the month of October.
He further added that the launch of all-new Elantra and Tucson have created a new benchmark in their respective segments signifying Hyundai as a trendsetter brand in India. Hyundai brands have also scored top rankings in both quality and design parameters in IQS and APEAL studies.
MrKoo added Hyundai, a lifetime partner in automobile and beyond, will continue to bring world-class products, services to the customers and be socially responsible corporate to realise thelong-term vision of being the most loved and a trusted brand.
In India, Hyundai sells the entry-level Eon, i10, Grand i10, subcompact sedan Xcent, Elite i20, i20 Active, Verna, Elantra, Creta, Tucson and the Santa Fe SUV.
Hyundai is the second largest four-wheeler manufacturer in India and offers vehicles in all segments.
Most Read Articles On DriveSpark
One of our readers has shared some images of the 2017 Royal Enfield Classic motorcycle models with new paint scheme.
Read to learn about Bajaj Dominar 400 price in your city, mileage, top speed, features, engine specifications, and booking details.
Read about the new Xenon ‘Yodha' which Tata Motors is planning to launch in January 2017.
Automotive giants from Japan and Germany are joining hands, so something big is going to happen. Read our report.
Here is a list of the most common warning lights use by car makers. Most of these warning lights indicate there is an issue with your vehicle. Learn more.