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Business Economy


Hyundai motors July sales declines by 28 pc

Hyundai  motors July sales declines by 28 pc

Mumbai, Aug 1 (UNI) Auto major Hyundai Motor India (HMIL) reported a 28 per cent decline in total sales to 41,300 units in July. The company had sold 57,310 units in the same month last year,

Domestic sales for July fell by were 2 percent to 38,200 units as against 39,010 units in July 2019,

Exports were down 83 percent at 3,100 units last month as compared to 18,300 units in the year-ago period.

Commenting on the sales performance, HMIL Director (Sales, Marketing & Service) Tarun Garg said the company has been able to contribute towards triggering the country's economic revival.

'With the changing trend of preference for personal mobility, our consistent efforts are towards fulfilling the customer needs and meeting the market demand," he said, adding that the company's sales in July were driven by the all-new Creta SUV, Venue and the new Verna sedan besides compact cars Elite i10 and Nios.

UNU JS JW1515

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