Hyundai Motor total sales up 5 per cent in February

Hyundai Motor total sales up 5 per cent in February
New Delhi:

The country's second-largest car maker Hyundai Motor India Ltd (HMIL) on Friday reported 5.42 per cent rise in its total sales at 54,665 units in February 2013.

The company had sold 51,855 units in the corresponding month previous year, HMIL said in a statement.

In the domestic market, the company recorded a decline of 7.62 per cent in sales at 34,002 units compared to 36,805 units in the year-ago period, it added.

Exports of the company went up by 37.30 per cent to 20,663 units during the month under review from 15,050 units in the same period previous year, the statement said.

"The market was suppressed as there was drop in enquiries with lower rates of conversions to purchase. The increase in fuel prices negatively impacted the already low market sentiments," HMIL vice president (sales and marketing) Rakesh Srivastava said.

The company expects the challenge to continue in the next quarter until there is a significant change in macro-economic conditions, he added.

In the A2 segment, which includes the Eon, Santro, i10 and i20 models, the company sold 46,387 units.

The A3 segment, including the Accent and the Verna, stood at 7,722 units in February 2013.

The company sold 66 units of the sports utility vehicle Santa Fe during the month while sales of luxury sedan Sonata stood at 20 units and Elantra at 470 units.

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