Hyundai Motor India Ltd could not have ended the fiscal 2019-20 on a more disastrous note with overall sales (domestic and exports) slumping by 40.69 at 32,279 units in March 2020 as compared to 61,150 units in March 2019. The ongoing lockdown because of the coronavirus or covid-19 took the sheen off Hyundai’s overall sales performance for the month of March 2020.
The company which is a leading exporter of its cars from India, registered a 64.41 per cent fall from 16,800 units in March 2019 to just 5979 units in March 2020. The lockdown due to the pandemic Covid-19 affected domestic sales big time with the company registering a mere 26,300 units in March 2020 as compared to 44,350 in March 2019.
HMIL sales
March 2020
March 2019
Growth (%)
Domestic
26300
44350
-40.69
Exports
5979
16800
-64.41
Cumulative
32279
61150
-47.21
Specialty chemicals company Lanxess has reached an important step towards more sustainability in its plasticizer portfolio: The Polymer Additives (PLA) business unit now offers a more sustainable solu...
Uno Minda, a leading Tier 1 supplier of proprietary automotive solutions to original equipment manufacturers, has launched its new premium range of alloy wheels in the Indian aftermarket in collaborat...
Greaves Retail, India's leading fuel-agnostic mobility solutions provider and a unit of Greaves Cotton Limited, has announced the launch of its complete range of e-rickshaw batteries under the brand '...