
Hyundai Motor Co., South Korea's top automaker, sold fewer than 30,000 vehicles in India for the second straight month in August, affected by sluggish demand, data showed Thursday. According to the data by the Korea Automotive Research Institute, Hyundai Motor sold 28,000 vehicles in India last month following the 26,000 vehicles tallied in July. Except for July and August, Hyundai Motor has sold over 30,000 cars every month. The sales are weaker than the overall market figures. In August, a total of 183,000 vehicles were sold in India, which is a 5.2 percent growth from the same month a year earlier. Hyundai's vehicle sales there were just a 0.2 percent rise from a year earlier, the data showed. Still, Hyundai Motor kept its second spot in terms of market share in India with 15.5 percent following Maruti Suzuki India with 41.5 percent, according to the data. The recent weak sales are attributable to the overall sluggish market conditions in India. During the first eight months of this year, a total of 1.64 million vehicles were sold in India, down 8.6 percent from the same period a year earlier. Hyundai Motor has sold 252,000 vehicles there so far this year, which is down 4.4 percent from a year earlier, the data showed
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:23 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 16:34 2018 Tuesday ,13 November
Amazon announces new headquarters in New York and WashingtonGMT 16:51 2018 Monday ,12 November
Egypt's exports to Nile basin countries reached EGP 19.9 bln in 2017: CAPMASGMT 08:11 2018 Friday ,09 November
Kaspersky Lab CEO suggests replacing cybersecurity with 'cyber-immunity'GMT 14:00 2018 Thursday ,08 November
Namibian enterprise endeavours to seize opportunities at China import expoMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor