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Hyundai’s overall YoY sales growth stood at 2.80 per cent as 65,801 units were garnered in November 2023 as against 64,003 units
In November 2023, Hyundai Motor India Limited (HMIL) posted 65,801 units as the domestic sales contributed 49,451 units and the exports stood at 16,350 units. This led to a MoM sales growth of 2.8 per cent. The second-largest car producer in the country recorded just over 64,000 units in the previous month of October.
Compared to the same period twelve months ago with just over 48,000 units domestically, Hyundai registered a YoY positive volume increase of 3 per cent. The exports saw a YoY growth of 2.18 per cent as 16,001 units were reported in November 2022. Thus, the overall sales growth stood at 2.80 per cent as 65,801 units were garnered last month as against 64,003 units.
Commenting on the sales performance in November 2023, Tarun Garg, COO of Hyundai Motor India Ltd. said, “Hyundai Motor India recorded cumulative sales of 65 801 units in November 2023. With encouraging customer response leading to higher retail sales during the festival season, our Dealer network stock is at a very optimum level of 3 weeks. As the Hyundai family, we are well-prepared to end a very successful CY 23 on a high and welcome CY 24 on a positive note.”
The South Korean auto major has endured robust momentum courtesy of its SUV range. It contributed to more than 60 per cent of the overall sales. The Hyundai Exter has undoubtedly been the most significant launch of this calendar year and its overall bookings have crossed the one lakh mark. For 2024, Hyundai has more new products waiting in the pipeline.
The heavily updated Creta will go on sale in early 2024 in India. It will get a thoroughly redesigned front fascia and rear end while the interior will become more upmarket with the addition of new features and technologies including Level 2 ADAS. While the 1.5L petrol and 1.5L diesel engines will continue, a new 1.5L turbo petrol mill will join the lineup.
It produces a maximum power output of 160 PS and 253 Nm of peak torque. The powertrain is mated to a six-speed iMT or a seven-speed dual-clutch automatic unit. The updated Tucson made its global debut a few days ago and it could be introduced in late 2024.
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