City
Epaper

Hyundai Motor India's August domestic sales up 20%

By IANS | Published: September 01, 2020 6:00 PM

New Delhi, Sep 1 Automobile major Hyundai Motor India reported a rise of 19.9 per cent in its ...

Open in App

New Delhi, Sep 1 Automobile major Hyundai Motor India reported a rise of 19.9 per cent in its domestic sales during August, 2020.

Accordingly, the company's total domestic off-take increased to 45,809 units from 38,205 units sold during the corresponding month of last year.

However, the company's exports fell to 6,800 units during the month under review from 17,800 units from August 2019.

Consequently, cumulative sales declined to 52,609 units from 56,005 units sold during the like month of last year.

"HMIL continues humbly to contribute to the recovery of Indian automobile industry by registering domestic sales volume of 45,809 units in August 2020 with positive growth of 19.9 per cent on a comparative low base of last year," Tarun Garg, Director (Sales, Marketing & Service), Hyundai Motor India, said in a statement.

"We would like to carry on with cautious optimism as uncertainty still surrounds the pandemic."

( With inputs from IANS )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: AsusHyundai Motor India
Open in App

Related Stories

NationalJ&K police attach properties of drug smugglers in Baramulla

InternationalHyundai Motor to launch SUV Exter in July

BusinessHyundai raises 2030 electric vehicle annual sales target to 2 million

BusinessHyundai Mobis launches #Pledgeforanticounterfeit, a Big Push to Fight Against Counterfeit on Anti-Counterfeit Day on June 8, 2023

BusinessHyundai Motor global sales jump 7.8 pc in May on yearly basis

Business Realted Stories

BusinessMark Zuckerberg unveils WhatsApp community upgrades: Introduces event organization and admin replies

BusinessGovt's firm stand on buying Russian oil saves $8 billion in India's import bill

BusinessAdani Power logs 37 per cent revenue growth in FY24, consolidated PBT more than doubled

BusinessAdani Power grows 29 pc YoY in Q4 FY24 to Rs 13,787 cr, revenue grows 37 pc to Rs 50,960 cr

BusinessMaruti Suzuki sold 1.68 lakh while Hyundai India sold 63,701 vehicles in April 2024