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

Top Stories

»	US deal to play pivotal role in India achieving $100 billion textiles exports in 2030
»	EU, US trade deals to support exports over medium-term: RBI Governor
»	Ensuring energy security of 1.4 billion Indians remains govt's supreme priority: MEA
»	After Budget and India-US trade deal, all eyes on RBI’s repo rate decision
»	US tariffs on Indian goods among lowest after trade deal

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.