26/10/2020

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A Class Of Its Own

Hyundai recovers 98% of year-ago domestic sales volume at 38,200 units in July 2020, Auto News, ET Auto

Hyundai said it has recovered ninety eight % of the July 2019 domestic profits volume...

Hyundai said it has recovered ninety eight % of the July 2019 domestic profits volume when it bought 39,010 units.

New Delhi: India’s second-premier carmaker Hyundai Motor India on Saturday posted a marginal 2 % drop in domestic profits at 38, 200 units in the thirty day period of July demonstrating signs of recovery.

The company said it has recovered ninety eight % of the July 2019 domestic profits volume when it bought 39,010 units.

The cumulative profits (domestic + exports) stood at forty one,300 units with 3,100 cars and trucks bought in the export current market.

Commenting on the July profits general performance, Tarun Garg, Director ( Advertising and marketing, Gross sales and Services) at Hyundai Motor India said, “With 38,200 units, July’20 domestic profits volume is ninety eight% of July’19 domestic profits volume. This general performance was driven by great customer demand for our most admired brand: the all new Creta SUV, Venue, spirited new Verna, elite i20 and Nios.”

Also Study: Maruti Suzuki July domestic profits mature 1.3% to one zero one,307 units