Eon, Santro drive Hyundai sales up 4.9% in April

The country’s second largest car maker Hyundai Motor India on Wednesday reported a 4.9 percent increase in total sales in April at 54,606 units.

The company had sold 52,057 units in the year-ago period, the company said.

[caption id=“attachment_295680” align=“alignleft” width=“380” caption=“Reuters”]  [/caption]

In the domestic market, the company’s sales went up by 10.9 percent to 35,070 units from 31,636 units in same month last year, it added.

Exports of the company, however, declined 4.3 percent during the month to 19,536 units from 20,421 units in the year-ago period, the statement said.

“Consumer confidence continues to be weak. Prices went up following the excise hikes in the Union Budget and interest rates are yet to come down. Given the present conditions it’s a challenging market,” director (marketing and sales) Arvind Saxena said.

More from Fwire

BCCI earned more than Rs 2,400 crore in IPL 2022, reveal documents Eight Russian judokas barred from world championships after Ukraine boycott

In its A2 segment (Eon, Santro, i10 and i20), the company sold 44,891 units, while in the A3 segment (Accent and Verna) sales were at 9,579 units.

The A5 segment (Sonata) of HMIL witnessed sales of 66 units, while its SUV Santa Fe received 70 buyers during April, this year.

PTI