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Hyundai domestic sales grow 9 per cent to 47,103 units in August

Hyundai Motor India Ltd today reported 9 per cent increase in domestic sales at 47,103 units in August.

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NEW DELHI: Hyundai Motor India Ltd (HMIL) today reported 9 per cent increase in domestic sales at 47,103 units in August.

The company had sold 43,201 units in August 2016, HMIL said in a statement.

HMIL Director, sales and marketing, Rakesh Srivastava said August sales were boosted by strong response to the newly launched Verna that received more than 7,000 bookings within 10 days of launch.

He said the market faced challenges from floods in many states and also speculations on the GST cess increase.

Srivastava, however, said the company expects strong sales in the festive season on the back of a good and widespread monsoon.

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