Hyundai Motor India’s Wholesale Sales Dip 7.6% In May On Maintenance Shutdown

Hyundai Motor wholesale sales fell 7.6% year-on-year in May to 58,701 units, hit by a routine biannual maintenance shutdown, the company said in an exchange filing on Monday. Domestic sales dropped nearly 11% to 43,861 units, while exports rose 3% to 14,840 units, helping limit the overall decline.

The company’s Whole-time Director and Chief Operating Officer Tarun Garg noted that the week-long shutdown at its Chennai plant affected availability of some key models but exports continued to show consistent growth.