Hyundai Achieves Record Sales in India Last Year
Hyundai Achieves Record Sales in India Last Year
Hyundai Motor posted record sales of almost 290,000 units in India last year. Production at Hyundai’s Indian arm increased 14.4 percent from a year earlier to 559,880 vehicles, of which 289,863 were sold in the local market and the rest shipped to Europe, the company said on Sunday.
Auto production in India expanded 17.2 percent on-year in 2009 to 1.41 million units. Hyundai accounted for 20.6 percent of the Indian market, trailing market leader Maruti Suzuki with 52.6 percent. The Korean carmaker has set a sales target of 310,000 units in India this year.
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