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Hyundai domestic sales for Oct up 22.69 pc at 34,725

Riding on its highest ever domestic sales since its inception, Hyundai Motor India Ltd (HMIL) today said it has registered an increase of 22.69 per cent in car sales at 34,725 units for the month of October.

The country's second largest car manufacturer had reported sales of 28,301 units in October 2009.

HMIL's total sales for October 2010 stood at 52,225 units as against 51,735 units in October 2009, registering an increase of 0.94 per cent.

This is also the first time that Hyundai in the last four consecutive months has achieved over 50,000 units of sale cumulatively, it said in a statement.

However, exports dipped by 25.32 per cent from 23,434 units in October 2009 to 17,500 units in October 2010. ''The market has been on an upswing for the last few months but the introduction of the new 'Next Gen' i10 has really pepped up things for HMIL with the new i10 sales growing as much as 26 per cent in the last two months,'' said HMIL Director (Marketing and Sales) Arvind Saxena.

The strong domestic demand has forced the company to change its product mix and focus more on the domestic market, he added.

The segment-wise cumulative sales for the month of October, 2010 are as follows: A2 segment (Santro, i10, i20) 46,399 units; A3 Segment (Accent & Verna) 5,730 units; A5 segment (Sonata Transform) 22 units; Santa Fe (SUV) 74 units.