Hyundai sees better sales in 2014 on back of new launches

Riding on its new models such as compact sedan Xcent and sports utility vehicle Santa Fe, Hyundai Motor India expects to post better sales this year as the auto industry looks for a turnaround in fortune.

"The good news is that industry is expected to grow in single digit in this calender year and the company would do better than the industry," Hyundai Motor India Ltd (HMIL) Senior Vice-President, Sales & Marketing, Rakesh Srivastava said.


He said the company has been receiving good response for models like Grand, Santa Fe and Xcent, which would help it increase market share.


"Last year, our market share stood at 20.7 per cent. We believe we will further increase our market share. We will do better than the industry," Srivastava said.


HMIL is the second largest player after Maruti Suzuki India in the car and sports utility vehicles segment.


Last year, the company sold a total of 3,80,002 units in the domestic market.

DH Newsletter Privacy Policy Get top news in your inbox daily
GET IT
Comments (+)