The Chennai-based Hyundai Motor India Ltd (HMIL), the country’s second largest car manufacturer and the largest passenger car exporter registered aggregate sales of 55,670 units in May this year as against the sales of 47,762 units in the year ago period, which is up 16.6 percent.
What is more, its domestic sales stood at 32,010 units versus 31,123 units in the corresponding period the previous year, again up 2.8 percent. Hyundai's exports were at 23,660 units in May 2012, in contrast with 16,639 units sold in 2011, an upward swing of 42.2 percent.
Commenting on the sales, Arvind Saxena, Director, Marketing and Sales, HMIL said: 'The recent hike in petrol prices has depressed market sentiment, with the macro-economic indicators providing no cause for cheer, the demand outlook doesn’t look very bright'. The segment-wise cumulative sales for May 2012 are: A2 segment 48,250 units (Eon, Santro, i10, i20); A3 Segment 7,306 units (Accent and Verna); A5 segment 43 units (Sonata); SUV 71 units (Santa Fe).