Hyundai Motor sales up in March
Chennai, April 2 (IANS) India's second largest car manufacturer Hyundai Motor India Ltd closed last month with 6.6 percent growth in sales though its exports fell by 15.26 percent compared to March 2011.
The company said Monday that it had sold 59,229 units (domestic 39,122 units, exports 20,107) as against 55,552 units (domestic 31,822, exports 23,730 units) in March 2011.
"We could meet our expectations in March as there was considerable interest to beat the expected price hike in the union budget. The market continues to pose many challenges. Things can improve if interest rates come down this quarter," Arvind Saxena, Director (marketing and sales), said.
"Export markets are doing well but as the domestic market had greater buoyancy, our export lines were diverted for the domestic market," he added.
Read More: Chennai Super Kings | Arvind Kejriwal | A.k.market | Motor Stand | Motor Terminas Nakoder Ndtso | Pasunj | India Security Press | Dhar Motor Stand | R.s.market | H.r.lines | Survey Of India | State Bank Of India | A.c.company | Chennai Gpo | Chennai Airport | Chennai National Terminal | Chennai Race Course | North Chennai Thermal Pp | T.c.market | Raja J.n.market | Mon
4TH C V RAMAN INT'L FELLOWSHIP LAUNCHED FOR RESEARCH
May 21, 2013 at 10:07 PM
WE WILL BRING A NEW LAW TO REGULATE FIXING : JITENDRA SINGH
May 21, 2013 at 10:00 PM
COURT ALLOWS FIVE DAY POLICE CUSTODY FOR THE IPL FIXERS
May 21, 2013 at 9:58 PM