Comments
Hyundai Motor India Ltd (HMIL) today reported a 9 per cent increase in domestic sales at 47,103 units in August.
The company had sold 43,201 units in August 2016, HMIL said in a statement.
HMIL Director, Sales and Marketing, Rakesh Srivastava, said August sales were boosted by a strong response to the newly launched Verna that received more than 7,000 bookings within 10 days of launch.
He said the market faced challenges from floods in many states and also speculation on the GST cess increase.
Srivastava, however, said the company expects strong sales in the festive season on the back of a good and widespread monsoon.
Comments
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.