Hyundai Motor India's overall Nov sales down 2%, exports plunge

Top Stories

»	Sensex, Nifty end higher in volatile trade; metal and pharma stocks lead gains
»	Govt extends RELIEF scheme for risk coverage of export shipments due to Gulf war
»	Tesla India posts Rs 247 crore revenue in first fiscal of vehicle sales
»	Indian equities extend losses this week as Brent crude oil rises to 6-month high
»	Gujarat CM opens industrial fair to connect MSMEs, investors, manufacturers

SME Times News Bureau | 01 Dec, 2020
Hyundai Motor India on Tuesday said its overall sales including exports slipped during November amid the Covid-19 pandemic.

The company reported a 2.1 per cent fall in its overall sales to 59,200 units from 60,500 units sold during November 2019.

However, it reported a 9.4 per cent rise in its domestic sales to 48,800 units from 44,600 units sold during the corresponding month of the previous year.

But, exports fell by 34.6 per cent to 10,400 units from 15,900 units shipped out during November 2019.

"The recently introduced all-new i20 has helped carry forward the festive momentum even in the post Diwali period for HMIL and facilitated a sales growth of 9.4 per cent in November 2020 over same period last year," said Tarun Garg, Director (Sales, Marketing & Service), HMIL.