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 the domestic 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.
Mr Koo 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 the long-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.
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