HomeAutomobileHyundai Reports 10 Per Cent Sales Decline in February

Hyundai Reports 10 Per Cent Sales Decline in February

[ad_1]

Hyundai Logo
(Image: Manav Sinha/News18.com)

Hyundai Logo
(Image: Manav Sinha/Information18.com)

Hyundai Motor India’s home gross sales have been down by 7.2 per cent, with 40,010 items offered in comparison with 43,110 items offered in February 2019.

  • PTI
  • Last Updated: March 2, 2020, 3:34 PM IST
  • Edited by: Chhavianshika Singh

Hyundai Motor India Ltd (HMIL) on Sunday reported a 10.Three % decline in complete gross sales at 48,910 items in February. The firm had offered 54,518 items in the identical month final 12 months, HMIL stated in a press release. Domestic gross sales have been down 7.2 % to 40,010 items as in opposition to 43,110items in February 2019, it added. The firm’s exports declined 22 % to eight,900 items as in contrast with 11,408 items a 12 months in the past.

Hyundai Motor India reported a marginal improve in home gross sales at 45,803 items in January. It had offered 45,508 items within the year-ago interval. Toyota Kirloskar Motor (TKM) nevertheless reported a 9.14 % dip in home gross sales final month when it offered 11,221 items as in contrast with 12,351 items in January 2018.

“With the closure of special offers/year-end schemes, the buying sentiment has witnessed a dip this month. The tightening of vehicle financing availability has also added to the challenges in the market,” TKM Deputy Managing Director N Raja stated. Niche bike maker Royal Enfield reported a 7 % dip in home gross sales at 70,872 items final month. It had dispatched 76,205 items in January 2018.

[ad_2]

Source link

Don't forget to connect with REVIEWTECHAUTO on Facebook, Telegram, YouTube, and Instagram.

- Advertisement -
Jyotihttp://www.reviewtechauto.com
Hi Folks. I am Jyoti, pursuing my passion to write content on Technology and Automobiles. I am a B.Tech (IT) graduate who loves to write content on different niche. Being passionate since college days, I took it as my full-time career. I started this blog to deliver unbiased reviews to the readers and let them choose the right product based on their reviews. If you want to contact me, you can drop your mail at [email protected]
- Advertisement -
Must Read
- Advertisement -
Related News
- Advertisement -spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here