Active Stocks
Thu Apr 18 2024 12:05:27
  1. Tata Steel share price
  2. 163.85 2.37%
  1. Power Grid Corporation Of India share price
  2. 284.50 3.70%
  1. Infosys share price
  2. 1,426.80 0.85%
  1. NTPC share price
  2. 360.00 0.21%
  1. Wipro share price
  2. 450.35 0.39%
Business News/ Companies / Hyundai sales pace up 1.5% in May to 52,515 units
BackBack

Hyundai sales pace up 1.5% in May to 52,515 units

In the domestic market, Hyundai sold 37,450 units last month compared with 36,205 units in May 2014, up 3.4%

The company’s exports declined 2.9% to 15,065 units as against 15,513 units in the same period last year. Photo: Ramesh Pathania/Mint Premium
The company’s exports declined 2.9% to 15,065 units as against 15,513 units in the same period last year. Photo: Ramesh Pathania/Mint

New Delhi: Hyundai Motor India Ltd (HMIL) on Monday reported a 1.5% increase in total sales at 52,515 units in May.

The company had sold 51,718 units in the same month last year, HMIL said in a statement.

In the domestic market, Hyundai sold 37,450 units last month compared with 36,205 units in May 2014, up 3.4%. However, the company’s exports declined 2.9% to 15,065 units as against 15,513 units in the same period last year.

HMIL senior vice-president (sales and marketing) Rakesh Srivastava said: “In a market experiencing low growth with decreasing contribution of rural and diesel vehicles sales, Hyundai volumes grew to 37,450 units with fourth consecutive month of more than 10,000 units of highly successful and acceptable Elite & Active, showcasing customers’ changing preference towards brands delivering high aspirational value at attainable prices."

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Corporate news and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 01 Jun 2015, 12:35 PM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App