Hyundai says gross sales had been primarily impacted because of the COVID-19 resurgence and disruption of the semiconductor provide chain.
see imagesHyundai offered 294,591 models globally final month, down 7.6 per cent from a 12 months in the past.
Hyundai Motor Company has introduced its international gross sales for the month of August 2021. Compared to 318,700 models offered in August 2020, the automaker reported a gross sales decline of seven.6 per cent because it offered 294,591 models final month. On a month-on-month (MoM) foundation, Hyundai reported a 6 per cent decline in gross sales at 313,451 models in August 2021. The automaker expects a decline in gross sales for the remainder of this 12 months resulting from unfavorable enterprise circumstances resulting from a fall in gross sales. Like the worldwide chip scarcity and the resurgence of COVID-19.
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The firm offered 243,557 models exterior Korea, down 7.8 per cent from a 12 months in the past.
Sales in Hyundai’s dwelling market Korea declined 6.5 per cent year-on-year to 51,034 models. Compared to 59,856 models offered in July 2021, the carmaker has registered a month-on-month (MoM) progress of over 14 per cent. The carmaker says gross sales had been impacted primarily because of the COVID-19 resurgence and disruption of the semiconductor provide chain.
Sales in markets aside from Korea declined 7.8 per cent to 243,557 models from 264,110 models a 12 months in the past. On a month-on-month (MoM) foundation, the automaker noticed a 4 per cent decline in gross sales at 253,595 models in July 2021.
Last month, Hyundai registered a progress of two.3 % in India
Read additionally: Car gross sales August 2021: Hyundai Motor India registers 2.3 % home progress
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However, a excellent news was rising from India because the carmaker registered a progress of two.3 per cent final month. The South Korean automaker offered 46,866 models final month as in comparison with 45,809 models offered in the identical month in 2020.
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With inputs from NDTV
