Hyundai surpasses business plan targets in 2017
, ET Bureau|
Jan 01, 2018, 11.21 AM IST
NEW DELHI: Korean auto major Hyundai registered a marginal growth of 0.3% to sell 40158 units in December.
The company's sales for the year, however, surpassed targets. Hyundai's sales in the local market rose 5.4% to 527320 units in 2017.
YK Koo, MD & CEO, Hyundai Motor India Ltd said, "The Calendar Year 2017 has been an Year of Performance for Hyundai Motor India Surpassing its Business Plan of 2017 registering highest-ever domestic volume of 5,27,320 units, a growth of 5.4% on strong performance of the newly launched Super Sedan Next Gen VERNA along with GRAND i10, ELITE i20 and CRETA. The positive momentum in Urban and Rural retail sales supported with strong After-Sales Service and Low-cost of ownership has gained customer confidence to become most loved and trusted brand in India."
The company's sales for the year, however, surpassed targets. Hyundai's sales in the local market rose 5.4% to 527320 units in 2017.
YK Koo, MD & CEO, Hyundai Motor India Ltd said, "The Calendar Year 2017 has been an Year of Performance for Hyundai Motor India Surpassing its Business Plan of 2017 registering highest-ever domestic volume of 5,27,320 units, a growth of 5.4% on strong performance of the newly launched Super Sedan Next Gen VERNA along with GRAND i10, ELITE i20 and CRETA. The positive momentum in Urban and Rural retail sales supported with strong After-Sales Service and Low-cost of ownership has gained customer confidence to become most loved and trusted brand in India."
