comscore Hyundai domestic sales drop 6% to 37,562 units in June

Hyundai domestic sales drop 6% to 37,562 units in June

The company had sold 39,807 units in June 2016.

  • Published: July 3, 2017 9:08 AM IST

Hyundai Motor India Ltd (HMIL) today reported a 5.6 percent decline in domestic sales at 37,562 units in June. The company had sold 39,807 units in June 2016, HMIL said in a statement. In January-June, the domestic sales figure for the automaker stood at 2,53,428 units, up 4.1 percent from 2,43,442 in the year-ago period. Also Read - Indian mobile gaming market to shoot up to at least $5 billion by 2025: Report

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HMIL Director Sales and Marketing Rakesh Srivastava said: “In a challenging market fuelled with speculations on the GST tax structure, Hyundai registered highest-ever half-year domestic sales on account of strong acceptance brands Grand i10, Elite i20 and Creta in pre-GST business environment.” Also Read - Google Search to provide free practice sets on Maths, Physics, Chemistry for Indian students

The company expects a positive demand pull, post successful implementation of GST, in coming months as the industry will witness heightened level of customer interest in a seamless and unified single market, he added.

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  • Published Date: July 3, 2017 9:08 AM IST

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