Hyundai Motor sells 25,883 vehicles in May'06

By Staff
|
Google Oneindia News

Mumbai, June 5 (UNI) Hyundai Motor India (HMI) has posted sales of 25,883 vehicles for the month of May comprising 16,102 units in the domestic market and 9,781 units in the overseas market.

Its flagship brand 'Santro' sold 12,475 units in the domestic market growing by 33 per cent corresponding to last year's monthly sales over the same period, said an HMIL press release.

In adding to that, the company has planned to expand its dealer network from 157 to 200 along with its service network to over 1,000 by this yearend.

HMIL had recently announced the expansion plan to double its production capacity by 2007.

Earlier in the month, HMIL said that it would set up a second engine and transmission plant in Chennai within two years and will invest about USD 600 million in this plant. About 800 people would be hired for its research and development programme at Hyderabad.

UNI SN SSS AG2036

For Daily Alerts
Get Instant News Updates
Enable
x
Notification Settings X
Time Settings
Done
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
X