Wednesday, Sep 28, 2022

Hyundai sales up 26% in February at 61,800 units

Domestic sales were up 29 per cent to 51,600 units as against 40,010 units in February 2020, Hyundai Motor India Ltd (HMIL) said in a statement.

FILE - In this Monday, Jan. 14, 2019, file photo, Mike O'Brien, Vice President Product, Corporate and Digital Planning Hyundai Motor America, introduces the Hyundai Elantra GT N Line during media previews for the North American International Auto Show in Detroit. (AP Photo/Paul Sancya, File)

Hyundai Motor India Ltd (HMIL) on Monday reported a 26.4 per cent increase in total sales at 61,800 units in February.

The company had sold 48,910 units in the same month last year, HMIL said in a statement.

Domestic sales were up 29 per cent to 51,600 units as against 40,010 units in February 2020, the company added.

Exports increased by 14.6 per cent to 10, 200 units in February as compared with 8,900 units in the same month of 2020.

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“The company has been consistently striving to drive a resurgence in sales, thereby contributing towards economic recovery and bringing the industry closer to pre-Covid level sales. With a cumulative sales of 61 800 units in February 2021, Hyundai has recorded growth across segments,” HMIL Director (Sales, Marketing & Service) Tarun Garg said.

Both domestic and export demand have recorded healthy double digit growth last month, reflecting an all-round improvement in buyer sentiment, he added.

First published on: 01-03-2021 at 03:31:09 pm
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