Hyundai Motor India total sales up 3%

Country's second-largest carmaker Hyundai Motor India Ltd (HMIL) today reported a 3.49 per cent rise in its total sales at 54,354 units in June.

The company had sold 52,521 units in the same period last year, HMIL said in a statement.

In the domestic market, the company's sales increased marginally to 30,450 units from 30,402 units in the year-ago period, it added.

Exports of the company went up by 8.07 per cent to 23,904 units during the month under review from 22,119 units in the same period last year, the statement said.

"The general inflationary trend, high fuel prices, interest rates that are still high are keeping sentiment low.

Unless any triggers get activated, sentiment is not expected to improve very much," HMIL Director (Marketing and Sales) Arvind Saxena said.

The company is witnessing good volumes in South America and Africa. The Eon is well received in Africa and the i10 is strong in South America, he added.

In the A2 segment (Eon, Santro, i10 and i20), the company sold 44,046 units, while sales in the A3 segment (Accent and Verna) stood at 10,182 units.

The company sold 87 units of the new sports utility vehicle Santa Fe, besides 39 units of the premium sedan Sonata during the month.

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