Hyundai Motor India has registered 37,953 units domestic sale in December 2019, witnessing a de-growth of 9.8 per cent over the same period ...
Hyundai Motor India has registered 37,953 units domestic sale in December 2019, witnessing a de-growth of 9.8 per cent over the same period last year. The company sold 42,093 units in December 2018. Hyundai's exports for December 2019 stood at 12,182 units, declining by 10.06 per cent over 13,545 units sold in December the year before. The cumulative sales for December stood at 50,135 units, a drop of 9.9 per cent as compared to 55,638 units in December 2018. Meanwhile, Hyundai's domestic sales for the 2019 calendar year (CY) stood at 510,260 units, a decline of 7.2 per cent over 550,002 units sold over the 2018 calendar year.
Commenting on CY 2019 performance, Tarun Garg, Director – Sales, Marketing & Service, Hyundai Motor India Limited said, “The Year 2019 has been a challenging year for the Indian automotive industry. Even in such adverse conditions, Hyundai Motor India as committed has launched 4 new benchmark products in different segments. As a smart mobility leader, Hyundai became the first company to bring the First Connected SUV –Venue and First Long Range Fully Electric SUV- Kona in the Indian market.”
He further added, “As we gear-up for a significant year 2020, we will offer BS6 in both petrol and diesel engines across different models in our product portfolio. Further, our after sales service and marketing initiatives will extend customer centric offers giving our valued customers quality time with our vehicles.”
Hyundai's exports for CY2019 stood at 181,200 units, growing by 13.2 per cent, up from 160,010 units shipped during the year. Cumulative sales for the previous year stood at 691,460 units, witnessing a decline of 2.6 per cent over 710,012 units sold in CY2018.
Hyundai India had an interesting year of launches in 2019 with the Venue, Kona and the new Grand i10 Nios making it to the market and were the growth drivers for the brand. However, volatile market conditions and the overall slowdown in the auto sector had a major impact on sales for the manufacturer.
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