Asia
Hyundai Motor India June Sales Fall MoM After Supplier Fire Disruptions
Hyundai Motor India (NSE:HYUNDAI, BOM:544274) reported total sales of 51,335 units in June, down from 61,137 units in May, according to company data released on Wednesday.Domestic sales fell to 39,635 units from 47,837 units in the previous month, while exports declined to 11,700 units from 13,300 units.Production was affected by a loss of about 13,900 units due to a fire incident at a supplier's facility, which caused temporary disruption, Hyundai Motor India Chief Executive Tarun Garg said in the release.Shares of the company rose nearly 1% in recent trade.
BOM:544274NSE:HYUNDAI
