 "Hyundai sales up 1.9% at 53,516 units in May")
The company had sold 52,514 units in the same month last year, HMIL said in a statement.
In domestic market, Hyundai sold 41,351 units last month as compared with 37,450 units in May last year, up 10.41%.
Also Read
However, exports declined 21.64% to 11,805 units as against 15,064 units in the same period last year.
Commenting on the sales performance, HMIL Senior Vice-President (Sales and Marketing) Rakesh Srivastava said: "In market seeing challenges of stressed rural demand and uncertainty on diesel vehicles, Hyundai volumes grew by 10.4% with sales of 41,351 units..."
He said the growth has been driven by strong performance of the three models Creta, Elite i20 and Grand i10 with heightened expectations of increase in demand on the predictions of good monsoon.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →*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
SAVE 25%