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Hyundai Motor India reports lower Q3 profit on weak domestic demand, exports

Suzuki

:Hyundai Motor India reported a lower third-quarter profit on Tuesday, hurt by easing domestic sales and exports alongside higher discounts, and said it expects industry-wide car sales to remain tepid next fiscal year. Hyundai is India's second-biggest carmaker and its 14 per cent market share trails only Maruti Suzuki's 40 per cent. The Korean carmaker counts India among its top markets globally. While its domestic sales dipped 0.1 per cent, exports slid 7.5 per cent, bringing down overall

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Hyundai Motor India reports lower Q3 profit on weak domestic demand, exports https://www.channelnewsasia.com/ - 28.01.2025 15:59

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Hyundai Motor India reports lower Q3 profit on weak domestic demand, exports https://www.channelnewsasia.com/ - 28.01.2025 15:59
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