Hyundai sales dip 15 pc in February

Image
Press Trust of India New Delhi
Last Updated : Mar 01 2014 | 2:56 PM IST
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.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 01 2014 | 2:56 PM IST

Next Story