The second largest car maker in India Hyundai Motor India Ltd on Saturday said it closed June with a sales of 65,601 units.
According to Hyundai Motor, in June, 2023, it sold 65,601 units (domestic 50,001 units, exports 15,600 units) up from 62,351 units (domestic 49,001 units, exports 13,350 units) sold in June 2022.
On the other hand, Toyota Kirloskar Motor reported sales of 19,608 units for June 2023 up from 16,512 units sold in June, 2022.
Hyundai Motor and Toyota Kirloskar log higher sales in June
Car makers Maruti Suzuki India Ltd and Hyundai Motor India Ltd led the industry in terms of passenger vehicle exports last month, Society of Indian Automobile Manufacturers Association (SIAM) said on Wednesday.
As per the export data released by SIAM, Maruti Suzuki had shipped out 18,216 units (17,131 units in April 2021) while Hyundai Motors exported 12,200 units last month (10,201 units).
The other passenger vehicle exporters last month were: Honda Cars India Ltd 2,034 units, FCA Indi...
Maruti, Hyundai led domestic, export sales in April
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Axis Bank set to buy Citi's India consumer business: Report
Private sector lender Axis Bank is close to acquiring Citigroup's retail banking business in India and a deal is likely to be announced soon, sources said on Wednesday. According to the sources, the deal, to be valued at USD 2.5 billion (about Rs 18,000 crore), will be subject to regulatory approvals.
In April 2021, American banking major Citigroup announced its plan to exit from the consumer banking busines...
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