Business News: Hyundai sales drop marginally in April amid Covid-19 rise.
Hyundai Motor posted an overall sales figure of 59,203 units last month, an 8% drop from the previous month. Backed by the famous Creta, Nios and Venue, Hyundai continues to be India’s second largest car manufacturer by number of cars sold.
Last month, Hyundai sold 49,002 units of vehicles in India, while it exported 10,201 vehicles to other countries during this period. While the year-on-year growth will look massive, it’s important to remember that last year, during the same period, the entire auto industry could not sell a single vehicle due to the imposed national lockdown. from March 25.
Sales in April of this year are not comparable to those of the same month last year as there were no domestic sales due to the national blockade imposed following the outbreak of the coronavirus (Covid-19) pandemic in the country. . The company, however, exported 1,341 units in April last year.
HMIL Director (Sales, Marketing and Service) Tarun Garg said, “In these difficult times, we stand in solidarity with the nation and are continuing all efforts to support those affected … While our efforts currently focus primarily on supporting people’s lives and livelihoods, we also received positive sales results in April 2021.
We remain committed to our customers by ensuring excellence in both products and services. While our efforts currently focus primarily on supporting people’s lives and livelihoods, we also received positive sales results in April 2021. “
Hyundai is set to launch its latest offering to the Indian market – the three-row, seven-seat Alcazar SUV – possibly this month. The Alcazar is expected to further solidify Hyundai’s position as a leading carmaker in India.