The semi-conductor shortage has intensified with the lockdown in Malaysia from Jun ’21, resulting in a severe crunch in the supply of semi-conductors in the Indian automotive industry.
Domestic sales were down 34.2 per cent to 33,087 units as against 50,313 units in September 2020, the company added.
Powered by a 1-litre turbo petrol engine delivering power of 88.3 kW, the Hyundai i20 N Line has been introduced in N6 and N8 variants.
The Taigun SUV is going to go head to head with Hyundai’ Creta, Kia’s Seltos, lower end variants of MG’s Hector and M&M’s latest XUV 700.
Hyundai India said that skyrocketing prices of fuel in the country is increasing the demand for diesel models for the company.
Documents posted Friday by the National Highway Traffic Safety Administration say that a person inside the trunk could become trapped due to the problem.
The company said it plans to launch the first model under the N badge this year, followed by additional model launches over the next few years.
The auto major said that exports increased to 12,207 units last month as compared with 3,100 units in July last year.
“We have heard that Tesla is seeking some duty cut on imports of CBUs (completely built units)...
The state’s single-window system has been recognized as one of the best in India for providing approvals for the industry, he asserted.
Hyundai is also offering 50 per cent discount on depreciation amount of insurance claims and one-year complimentary road-side assistance (RSA) for vehicles affected.
HMIF will also initiate bio-fencing and laying of pathway, nursery formation, creation of compost pit and recreation spot in the coming years.
Like May 2021, sales in June 2020 were severely impacted by Covid-19 lockdowns.
Maruti Suzuki clocked in a whopping 217 per cent increase in total sales from May, while Hyundai boasts of a 77 per cent spike over the last month.
Hyundai's total dispatches rose from 30,703 units in May to 54,474 units in June.