Hyundai sales decline 3.8% to 49,740 units in March
The company's exports declined by 38.9% to 10,215 units as against 16,705 units in the same period last year.
Hyundai Motor India today reported 3.8% decline in total sales at 49,740 units in March.
The company had sold 51,708 units in the same month last year, HMIL said in a statement.
In the domestic market, Hyundai sold 39,525 units last month compared with 35,003 units in March 2014, up 12.9%.
However, the company's exports declined by 38.9% to 10,215 units as against 16,705 units in the same period last year.
HMIL Senior Vice-President (Sales and Marketing) Rakesh Srivastava said: "The 2015 outlook seems challenging as there is low traction with weak delivery on macro-economic parameters and low consumer sentiments.
"We are hopeful that an environment will be created to bring-in investment and create employment that will give the required thrust to grow the industry," he added.