Hyundai sales down 14 percent
Hyundai along with its partners is continuously exploring alternatives to ensure customers can take delivery of their cars.
Hyundai Motor India recorded domestic sales of 44,050 units and export sales of 9,109 units with cumulative sales of 53,159 units for the month of February 2022.
The company sold 61,800 units in February last year so this month’s wholesales are 14 percent less.
In a press statement, the company said that as the industry continues to grapple with semiconductor shortage situation, Hyundai along with its partners is continuously exploring alternatives to ensure customers can take delivery of their cars.
RELATED ARTICLES
JSW MG Motor India confident of selling 1,000 M9 electric MPVs in first year
The 5.2-metre-long, seven-seater luxury electric MPV, which will be locally assembled at the Halol plant in Gujarat, wil...
Modern Automotives targets 25% CAGR in forged components by FY2031, diversifies into e-3Ws
The Tier-1 component supplier of forged components such as connecting rods, crankshafts, tie-rods, and fork bridges to l...
VinFast’s second plant in Vietnam goes on stream ahead of India factory
Vietnamese EV maker’s second plant in its home market, which has a 200,000 EVs-per-annum capacity, will focus on produci...