Hyundai India aiming for a 5% increase in sales this year

Hyundai India aiming for a 5% increase in sales this year

Hyundai India has revealed that they are expecting sales this year to grow by around 5%.

The company is planning to launch some exciting vehicles that should boost the sales for them.

One of the most important new vehicles would be the diesel edition of Hyundai i20 that would compete with Maruti Suzuki Swift Diesel.

Sales of diesel cars are growing in the Indian market and Hyundai would want to gain a piece of that pie.

Hyundai India said: “We want to retain our market share, for which our sales have to grow according to the industry growth. Industry has been projected to grow by 3-5 per cent and we will also grow by the same rate.”

Hyundai continues to remain one of the largest automakers in the Indian market with a market share of 20.4 per cent in the domestic passenger car segment.