New Delhi: Hyundai Motor India reported total sales of 63,551 units in May 2024, an increase of 7% compared to 59,601 units sold in May 2023.
Hyundai’s domestic sales grew 1% Y-o-Y to 49,151 units when compared to 48,601 units in May 2023.
The company’s exports also saw a growth of 31% in May 2024 with 14,400 units compared to 11,000 units sold in the month, last year.
Tarun Garg, COO, Hyundai Motor India Ltd. said, “We have maintained a healthy total sales volume in May 2024, despite a week-long routine bi-annual maintenance shutdown at our Sriperumbudur factory."
"SUVs continue to be a growth driver for HMIL, accounting for more than 67% of domestic sales last month. Our rural penetration stood at a healthy 20.1% in May,” he added.
Disclaimer: The copyright of this article belongs to the original author. Reposting this article is solely for the purpose of information dissemination and does not constitute any investment advice. If there is any infringement, please contact us immediately. We will make corrections or deletions as necessary. Thank you.