Key points:
- The company also declared that it had reached the export mark of 2 lakh ‘Made in India’ Creta units.
- Hyundai managed to show an 8.2 per cent rise in cumulative revenue in a year-on-year comparison.
- The Korean car manufacturer is at a standstill and expects the momentum to continue.
- The club has managed to keep refreshing its product range.
- The new Creta, the new Verna, and the turbo NIOS are examples of these.
On Sunday, Hyundai Motor India reported that it had posted its best October in terms of domestic sales ever and had clocked 56,605 domestic units and an additional export figure of 12,230 units.
The combined sales of 68,835 units last month broke the 2018 October record when 52,001 units were sold by the business.
The export mark of 2 lakh ‘Made in India’:
The bulk of the loan may be aimed at the way the Creta 2020 has been carried out. Launched early this year, the compact SUV has once again succeeded in taking the battle against its rivals like Kia Motors’ Seltos and racing to the leading spot.
Recently, the company also declared that it had reached the export mark of 2 lakh ‘Made in India’ Creta units.
Hyundai’s Export in Units:
Hyundai managed to show an 8.2 per cent rise in cumulative revenue in a year-on-year comparison, while domestic sales increased by 13.2 per cent. It is because exports declined by 10.1% that the total figure drops.
Tarun Garg, HMIL’s Director of Sales, Stated:
The Korean car manufacturer is at a standstill and expects the momentum to continue. With the arrival of the festive season, through our super performing brands, Hyundai spreads the spirit of happiness and celebration with our customers, achieving landmark sales of 56 605 units in October 2020 with a rise of 13.2 per cent over October 2019, “said Tarun Garg, HMIL’s Director of Sales, Marketing and Service.”
“The sales success in October has set a positive trend for the overall market climate, and we are sure that Hyundai will continue to make a major contribution to the sustainable development of the economy, the society, and all its stakeholders.”
The Company keeps the product Refreshing:
What may also work in favour of Hyundai would be that, in the face of what’s been a tough 2020 for the entire Indian automotive industry, the company has managed to keep refreshing its product range.
The new Creta, the new Verna, and the turbo NIOS are examples of these. On November 5, the company is planning for the i20 2020 drive, which could be another shot in the arm for the car manufacturer.
