Financial Daily from THE HINDU group of publications
Thursday, Apr 04, 2002
Financial Daily from THE HINDU group of publications Thursday, Apr 04, 2002 |
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Corporate
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Performance Hyundai ends fiscal year with Rs 3,403-cr sales Our Bureau
CHENNAI, April 3 HYUNDAI Motor India Ltd closed 2001-02 with a sales turnover of Rs 3,403 crore and combined sales of 93,244 units. This represents 11.95 per cent growth over the previous financial year turnover of Rs 3,040 crore and a 7.4 per cent growth over the previous year sales of 86,798 units. Commenting on the performance, HMIL Managing Director, Mr. Y. S. Kim, said: "The increasing acceptance of Hyundai cars by Indian consumers reflects their growing confidence in HMIL and its extensive sales and service network. HMIL has always been responsive to the changing needs of its customers and the newly-launched Santro Zip Plus has met with an overwhelming response, adding sizably to our improved sales in March." Currently, Hyundai Motor India markets 16 variants of passenger cars across three models, the Santro in the B segment, the Accent in the C segment and the Sonata in the D segment. The company recorded combined sales of 90,028 units during the calendar year 2001, a company press release said. HMIL has sold over a record 250,000 units of Santro and close to 40,000 units of Accent since the start of commercial production in October 1998, and over 2,000 units of Sonata since its launch in July 2001.
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