Hyundai’s YoY sales rise was 2.80% overall as 65,801 units were sold in November 2023 compared to 64,003 units in the previous year.
Hyundai Motor India Limited (HMIL) reported selling 65,801 units in November 2023, with 49,451 of those sales occurring domestically and 16,350 occurring through exports. As a result, MoM sales increased by 2.8%. Just over 64,000 cars were produced by the nation’s second-largest automaker in October of last year.
With little over 48,000 units sold domestically, Hyundai saw a favorable YoY volume rise of 3% when compared to the same period a year earlier. The exports increased by 2.18 percent year over year in November 2022, with 16,001 units recorded. Because 65,801 units were sold last month as opposed to 64,003 units, the overall sales growth was 2.80%.
Tarun Garg, COO of Hyundai Motor India Ltd., made the following statement regarding the company’s sales performance in November 2023: “Hyundai Motor India recorded cumulative sales of 65 801 units in November 2023.” Our Dealer network stock is at an extremely optimal level of three weeks due to the positive consumer response that has resulted in better retail sales during the festival season. We, the Hyundai family, are ready to close up CY 23 with great success and start CY 24 off strong.
The SUV line has helped the South Korean automaker maintain strong momentum. Over 60% of the total sales were attributed to it. Bookings for the Hyundai Exter have surpassed one lakh, making it without a doubt the most important launch of the year. Hyundai has additional innovative goods in the works for 2024.
Early in 2024, the significantly upgraded Creta will go on sale in India. Along with a completely revised front fascia and rear end, the interior will have more upscale amenities and technologies, like as Level 2 ADAS. A new 1.5L turbocharged gasoline engine will be added to the selection, while the 1.5L gasoline and 1.5L diesel engines will remain available.
It can generate up to 160 PS of maximum power and 253 Nm of peak torque. A six-speed iMT or a seven-speed dual-clutch automatic transmission are coupled to the engine. A few days ago, the redesigned Tucson made its world premiere. It is anticipated to go on sale in late 2024.