Hyundai sales dip 15 pc in February

Tags: News
Hyundai Motor India today reported a 14.9 per cent decline in total sales in February at 46,505 units compared with 54,665 in the same month last year.

The company's domestic sales were little changed at 34,005 units from 34,002 units in February 2013, Hyundai Motor India Ltd (HMIL) said in a statement.

Exports of vehicles dropped 39.5 per cent to 12,500 units from 20,663 units, it added.

"Post the reduction in excise duty, enquiry inflow has increased with February sales of 34,005 units a growth of 2 per cent over the earlier month and it is expected that this would lead towards creation of a positive momentum," HMIL Senior VP-Sales and Marketing Rakesh Srivastava said.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Sebi must issue strict guidelines on research reports and stock tips by brokers

    After prescribing a corporate governance code for companies, capital market regulator, Securities and Exchange Board of India (Sebi) is drafting prude

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Roopen Roy

Myanmar must realise its importance

Myanmar is not just one of the neighbours of India. ...

Rajgopal Nidamboor

Of life, harmony and divine insight

We are all endowed with energy — something we don’t ...

Gautam Gupta

Moral policing is the need of the hour

Recently, when Deepika Padukone raised her voice against an objectionable ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture