Moneycontrol PRO
HomeNewsBusinessCompaniesHyundai sales down 15% in October

Hyundai sales down 15% in October

The company's domestic sales were marginally up at 36,002 units during the month, from 35,778 units in October 2012, HMIL said in a statement. Exports during the month declined by 38.2 percent to 14,210 units from 23,006 units in the same month last year, it added.

November 05, 2013 / 08:57 IST

Hyundai Motor India today reported a 14.58 percent decline in its total sales in October at 50,212 units as against 58,784 units in the same month last year.


The company's domestic sales were marginally up at 36,002 units during the month, from 35,778 units in October 2012, HMIL said in a statement. Exports during the month declined by 38.2 percent to 14,210 units from 23,006 units in the same month last year, it added.


Commenting on the sales, HMIL Senior Vice-President, Sales and Marketing, Rakesh Srivastava, said: "In this challenging market environment, sales have increased over last month by 17 percent on account of monsoons, 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 2 months of its launch."

 

first published: Nov 1, 2013 10:26 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347