Hyundai Motor India, the country’s second biggest car maker, said on Monday its August sales jumped 46.8% from a year ago to 14,436 cars helped by strong demand for its Santro [Atos] compact car and the Accent sedan, Reuters reported.

The wholly owned subsidiary of South Korea’s Hyundai Motor said in a statement it sold 11,843 units of the Santro compared with 8,193 units a year earlier and sales of the Accent surged 61% to 2,400 units, the report said.

It also sold 150 units of the Sonata luxury sedan and 43 units of its premium sports utility vehicle, the Terracan. Hyundai, which plans to turn India into an export hub for small cars, imports the Terracan in its fully built form from South Korea, Reuters added.

Hyundai, which has been in India since October 1998, makes the Santro hatchback, the Accent and Sonata sedans at its $US700 million car plant on the outskirts of Madras, Reuters said.

Its main competitors in the Indian market include top-ranked Maruti Udyog Ltd, a unit of Japan’s Suzuki Motor, local firm Tata Motors and Fiat’s Indian subsidiary, Reuters added.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.