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Hyundai Motor India says invested over $4 bn in India over last 25 years
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HMIL invests over $4 bn in last 25 yrs
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Santro to Alcazar: Hyundai Motor India rolled out 10M cars
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Retail automobile sales, including cars, two-wheelers and other categories, fell sharply by 28.64 per cent in March 2021 compared with the same month last year despite the low base of 2020, according to the registration data released by the Federation of Automobile Dealers Associations (FADA). However, registrations in March grew 10.05 per cent over February.
According to FADA, which collected vehicle registration data from 1,277 of the 1,482 regional transport offices, passenger vehicle sales stood at 2,17,879 units in March 2020. The dealers’ association warned that the lockdown in Maharashtra to contain the spread of Covid-19 will have a “catastrophic impact” on April sales as dealers will not be able to realise the potential of festivals such as Ugadi, Gudi Padwa, Baisakhi and Poila Boishakh.