While some carmakers continued to struggle in 2014,Hyundai India has had a wonderful year. The country's second largest carmaker has set record sales in 2014 at over 4.10 lakh units, thanks to some really capable products launched throughout the year including Xcent, Santa Fe and the new i20.
With such impressive sales figures, the Korean carmaker has marked the highest market share of 21.6% ever since its introduction in India.
Moreover, Hyundai India retained its position of being the largest passenger car exporter that it holds since 2004. Commenting on Hyundai's successful 2014 year, Mr. BS Seo- MD & CEO, HMIL said, "2014 has been an excellent year for Hyundai Motor India and it demonstrates the continued confidence that our customers have in Hyundai and our trendsetter products.
We surpassed our targets of selling 4 lakh vehicles in the domestic market by adding new products like Xcent, Elite i20 and Santa Fe to our robust product portfolio."
"All our products have witnessed a stunning success in the respective segments, setting modern style and technology leadership benchmarks. Our network presence is one of our key strengths and reiterates our commitment to the customers. We intend to continue our growth in 2015 and with new products coming next year, we will create the right conditions to reinforce our claim to leadership over the long term.", he added.