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Adversely Affected By The Global Semi-Conductor Shortage, Hyundai India Registers A Degrowth Of 23% In September 2021

Exports for the carmaker grew by 32% at 12 704 units, from 9600 units in September last year

Photo Credit : Siddharth Shankar

1633076415_IH17ks_hyundaii20Nline_870.jpg

Hyundai I20 N-Line

Hyundai Motor India Ltd,  registered domestic sales of 33 087 Units a 34% drop compared to the September 2020 where the company sold 50,313 units. Meanwhile exports for the carmaker grew by 32%  at 12 704 units, from 9600 units in September last year. HMIL forms a critical part of HMC’s global export hub. It currently exports to around 88 countries across Africa, Middle East, Latin America, Australia, and Asia Pacific. The company registered a 23% drop in cumulative sales at 45 791 units for the month of September 2021, while in September 2020 the company reported a 59,913 units of total sales.

“The global semi-conductor supply constraint has adversely affected the vehicle production resulting in low dispatches in the month of September 2021.” The company said in a statement

Sales Volumes – September 2021

HMIL Sales

September 2021

September 2020

Growth (%)

Domestic

33 087

50 313

-34.2%

Exports

12 704

96 00

32.3%

Total

45 791

59 913

-23.6%

Hyundai has recently launched its i20 N-Line ahead of the festive season. It currently has 12 car models across segments SANTRO, GRAND i10, GRAND i10 NIOS, all-new i20, i20 N Line, AURA, VENUE, Spirited New VERNA, All New CRETA, ALCAZAR, ELANTRA, New 2020 TUCSON & KONA Electric.


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September Auto Sales hyundai motor india