Hyundai Motor India Ltd today reported a 14.58 per cent decline in its total sales in October at 50,212 units against 58,784 units in the same month last year.
Domestic sales were marginally up at 36,002 units during the month from 35,778 units in October 2012, the company said in a statement.
Exports declined 38.2 per cent to 14,210 units from 23,006 units.
Commenting on the sales, Hyundai Senior Vice-President, Sales and Marketing, Rakesh Srivastava, said: “In this challenging market environment, sales have increased over last month by 17 per cent on account of monsoon, festival buying and strong sales of 11,519 units of new model Grand, which received an overwhelming customer response making it to the top five volume sellers within two months of its launch.”
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.