The auto sector is slowly freeing itself from the specter of April due to the Corona epidemic and lockdown. April proved to be a bad month for the auto sector. Sales of several companies, including Maruti, were zero due to the lockdown. In such a good news is coming from Hyundai Motors. Hyundai Motor India Ltd. (HMIL) has exported more than 5,000 vehicles this month. The production resumed at the company’s Chennai factory on May 8. HMIL said in a statement that the company was committed to the government’s Make in India program. Accordingly, in May, the company has exported more than 5,000 vehicles.
Also Read: Maruti, Hyundai, Mercedes Cars Getting Easy EMI
HMIL Managing Director and CEO (CEO) SS Kim said, “We have once again started normalizing things in a calm manner.” We exported over 5,000 vehicles in May. The company started exporting vehicles from India in 1999. Kim said that the company has so far exported more than 3 million vehicles from India to 88 countries on four continents. In the previous calendar year, the company exported 1,81,200 vehicles. HMIL said that its share of total vehicle exports from the country was 26 percent in 2019. The company currently exports 10 models from the country including Venue and Creta.