Hyundai India registers 15% YoY growth in Oct ’23: Over 55,000 units sold

Hyundai Motor India Ltd (HMIL) has registered total sales of 68,728 units in the month of October 2023, which includes 55,128 units sold in the domestic market along with an export of 13,600 units. This has helped the Korean car manufacturer record a year-on-year (YoY) growth of 14.84 percent as compared to the 48,001 units sold in the month of October last year.
As far as exports are concerned, the manufacturer registered a YoY growth of 35.93 percent, up from 10,005 units in the same month in 2022.The overall sales (domestic + exports) recorded a 18.48 percent growth last month. Commenting on the October sales numbers, Tarun Garg, COO, Hyundai Motor India Ltd said, “As we enter the peak of festive season in India, Hyundai Motor India registered robust sales number of 55,128 units in the domestic market in the month of October.”

“The recent announcement of standardizing of 6 airbags across all Hyundai models and variants has been extremely well received by our valued customers. Also, the supply situation is back to full normalcy and our network is geared up to delight customers with the delivery of their favourite Hyundai cars,” he added.
Hyundai’s current portfolio consists of 13 different cars, namely Grand i10 NIOS, i20, i20 N Line, Aura, Exter, Venue, Venue N Line, Verna, Creta, Alcazar, Tucson, Kona Electric as well as the flagship IONIQ 5, with prices starting from Rs 5.84 lakh, going all the way up to Rs 45.95 lakh (both prices, ex-showroom). Hyundai Motor India continues to be the second biggest car manufacturer in India as far as sales are concerned.