Driven by growth across segments, Hyundai Motor India has registered best ever annual sales in 2014 at over 4.10 lakh units even as the year turned out to be a mixed bag for the automobile industry in the country. The Indian arm of Korean auto major also achieved a market share of 21.6 per cent, its highest yet in India.
“2014 has been an excellent year for Hyundai Motor India... We surpassed our targets of selling 4 lakh vehicles in the domestic market by adding new products like Xcent, Elite i20 and Santa Fe to our product portfolio,” Hyundai Motor India MD and CEO B S Seo said.
In 2013, HMIL had sold 3.8 lakh units in the domestic market.
The company said India plays important role in the market for Hyundai Motor Company and Hyundai has strengthened its commitment to the Indian market by doing three global launches in the country in 2014.
Earlier country’s largest car maker Maruti Suzuki has also said it will register its highest ever sales in a calendar year in 2014 at about 11.48 lakh units.
