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Hyundai Motor India sales drop 28 in July

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Hyundai Motor India Ltd (HMIL) on Saturday reported a 28 p.c decline in complete gross sales to 41,300 models in July. The corporate had bought 57,310 models in the identical month final yr, HMIL mentioned in a press release.

Home gross sales final month had been at 38,200 models as in opposition to 39,010 models in July 2019, down by 2 p.c. Exports had been down 83 p.c at 3,100 models final month as in comparison with 18,300 models within the year-ago interval.

Commenting on the gross sales efficiency, HMIL Director (Gross sales, Advertising & Service) Tarun Garg mentioned the corporate has been in a position to contribute in the direction of triggering the nation’s financial revival.

“With the altering development of desire for private mobility, our constant efforts are in the direction of fulfilling the client wants and assembly the market demand,” he mentioned, including that the corporate’s gross sales in July had been pushed by the all-new Creta SUV, Venue and the brand new Verna sedan in addition to compact vehicles Elite i10 and Nios.

First Revealed on Aug 1, 2020 11:35 am

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