Hyundai registers 3.4% growth in its domestic sales

Hyundai Motor India Ltd (HMIL), the fully-owned subsidiary of the Korean carmaker, Hyundai Motor Company registered the domestic sales of 35,003 units and exports of 16,075 units with cumulative sales of 51,708 units for the month of March 2014. (Also read Maruti Suzuki's sales performance in March 2014)

Commenting on the March sales Mr. Rakesh Srivastava, Sr. VP- Sales and Marketing, HMIL said, "Post the reduction of excise duty and with the strong performance in compact segment; Hyundai registered March sales of 35,003 units with a growth of 3.4% over corresponding month indicating a build-up of positive momentum."

Though, the company hasn't released the model-wise break-up of its sales, we believe that the Grand i10 must have been among the major contributors in the total sales. The recently launched sub-4 metre sedan Xcent too is expected to do well in terms of sales.