Hyundai sales decline 8 per cent in May at 58,701 units
The company's total sales stood at 63,551 units in May last year, Hyundai Motor India Ltd (HMIL) said in a statement
New Delhi: Hyundai Motor India on Monday said its total sales declined 8 per cent year-on-year to 58,701 units in May.
The company’s total sales stood at 63,551 units in May last year, Hyundai Motor India Ltd (HMIL) said in a statement. The automaker said its dispatches to dealers in the domestic market declined 11 per cent to 43,861 units in May as compared with 49,151 units in the year-ago period.
Exports stood at 14,840 units last month as against 14,400 units in May 2024. “May is a month of our routine week-long biannual maintenance shutdown at our Chennai manufacturing facility, which affects availability of few critical models,” Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL, said in a statement.
The automaker continues to witness consistent growth in export volume, he added. “Going forward, we remain hopeful of a steady increase in demand for both domestic as well as international shipments with reduced uncertainty on the geo-political front and improved macro-economic situation,” Garg said.
