Hyundai Motor India Sells 5 Lakh Cars In CY 2016

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Hyundai Motor India Sells 5 Lakh Cars In CY 2016

Posted on : Monday 2nd of January 2017

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2016 turned out to be an exciting year for Hyundai in India. Apart from introducing premium cars like the Elantra and Tucson, Hyundai also rolled out the seven-millionth car from its production facility in Sriperumbudur, near Chennai. In 2016 Hyundai reached a new milestone by selling 5,00,537 units of cars. This is 5.2 per cent growth as compared to the 4,76,001 units sold in 2015. Although the exports declined by 3.4 per cent, the company saw an overall growth of 2.9 percent.  

Commenting on HMIL’s achievement, Y.K Koo, managing director and CEO, Hyundai Motor India Limited, said, “2016 has been an Year of Excellence for Hyundai in India achieving various milestones - Celebrating 20 years in India, the roll out of 7 Millionth car in November’16, crossing the 5 lakh domestic sales in CY2016 and the fastest 50,000 unit sales in the month of October. The launch of All new Elantra and Tucson have created new benchmarks 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. Hyundai, a lifetime partner in automobile and beyond, will continue to bring world-class products, services to the customers and be a socially responsible corporate to realize long term vision of being the most loved and trusted brand.”

The popularity of Hyundai is likely to increase in 2017 as well. Cars like the next-gen Verna, Tucson 4x4 and the Grand i10 facelift are already lined up to be launched in 2017. Several reports even suggest that the Korean automaker might reintroduce the popular Santro in the country. This will further boost Hyundai to achieve new milestones in sales this year.  

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