Hyundai sales dip 8% to 50,518 units in June

Tags: Hyundai, Cars
Hyundai Motor India Ltd (HMIL) today reported a 7.6% dip in total sales at 50,518 units in June 2014.

The company had sold 54,665 units in the same month last year, it said in a statement.

In the domestic market, Hyundai sold 33,514 units last month as compared to 30,610 units in June 2013, up 9.5%.

During the month, Hyundai's exports declined by 29.3% to 17,004 units as against 24,055 units in the same period last year.

Commenting on the sales performance, HMIL Senior Vice President (Sales and Marketing) Rakesh Srivastava said the growth in the domestic sales has been due to the success of Xcent, Grand and Santa Fe.

"With the extension of excise duty benefit, we hope to maintain the growth in volume while strengthening our product portfolio and improving channel efficiencies," he added.

EDITORIAL OF THE DAY

  • Because our politicians elbowed out our teachers on Teachers’ Day

    The Swachch Bharat campaign made the highest leaders sweep. Teachers’ Day is making them teach.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

Sarthak Raychaudhuri

vice-president, HR, Asia South Whirlpool of India

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

TODAY'S COLUMNS

Sachin Shridhar

Crouching tiger, hidden dragon

The Chinese are consummate gamblers. If you visit a casino ...

Zehra Naqvi

Capturing change

The pace of change in the world around us can ...

Gautam Gupta

Bring on the Benares brigade

It was in 2003 when I first started work and ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture