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Hyundai total sales dip 48 per cent to 30,703 units in May over April

Hyundai Motor India Ltd on Tuesday reported total sales of 30,703 units in May. Domestic sales stood at 25,001 units last month as against 49,002 units in April, a dip of 49 per cent.

Hyundai Motor total sales dip 48% to 30,703 units in May over April

Hyundai Motor India Ltd (HMIL) on Tuesday reported total sales of 30,703 units in May, a decline of 48 per cent from 59,203 units it had sold in April this year as coronavirus-induced restrictions across states hit dispatches to dealers. Domestic sales stood at 25,001 units last month as against 49,002 units in April, a dip of 49 per cent. Exports were at 5,702 units last month, down 44 per cent from 10,201 units in April, the company said in a statement. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

Hyundai Motor India total sales dip 48% to 30,703 units in May over April

Domestic sales stood at 25,001 units last month as against 49,002 units in April, a dip of 49 percent.  Exports were at 5,702 units last month, down 44 percent from 10,201 units in April, the company said in a statement.

Automobile sales skid in May as coronavirus second wave bites hard

Major automobile manufacturers like Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors and Toyota Kirloskar on Tuesday reported decline in domestic passenger vehicle sales in May compared to the previous month as a spike in COVID-19 cases and lockdowns across various states hit production and dispatches. The country s largest carmaker Maruti Suzuki India (MSI), which shut production from May 1 to May 16 so as to divert oxygen from industrial use for medical purposes, reported domestic dispatches to dealers at 35,293 units last month, down 75 per cent from 1,42,454 units in April. The company said sales of its mini cars, comprising Alto and S-Presso, declined by 81 per cent to 4,760 units in May as against 25,041 units in April this year.

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