Auto manufacturer’s records plunges up in October sales
The nation's second biggest car maker and the major passenger car Hyundai Motor India Ltd, exporter attained the record sales of 34,725 units in the home market this month that is the uppermost ever since the group begin sales in September, 1998.
It's for the initial moment that HMIL in the preceding four preceding months has attained above 50,000 units of sale increasing.
HMIL's overall sales for the month of October, in the year 2010 sets at 52,225 units as next to 51,735 units in the year October, 2009 recording an hike of 0.9%.
The home sales recorded for 34,725 units as in opposition to 28,301 units in October, 2009 whilst the exports declined by 25.3% through 23,434 units in October, 2009 to 17,500 units in the year October, 2010.
According to Arvind Saxena, the Director of Marketing and Sales, HMIL expressed that the market has been swinging on an inclined tone for the preceding few months however the preface of the latest `Next Gen' i10 has inclined up stuffs for HMIL with the latest i10 sales mounting to the extent that by 26% in the preceding two months. The sturdy home demand has strained them to alter the product mix and aim much on the domestic market.