Hyundai India registers highest-ever annual growth in FY24

Hyundai reported its highest-ever domestic sales since inception, registering 6,14,721 units in FY24.

Hyundai Creta N Line
Image: Financial Express

Hyundai India has registered its highest-ever total sales of 7,77,876 units in FY24 with a YoY growth of 8 percent over last year. The company also reported its highest-ever domestic sales since inception, registering 6,14,721 units in FY24.

Exports for the year stood at 1,63,155 units with 6.7 percent growth over last year. In March 2024, the company reported total sales of 65,601 units including 53,001 units in the domestic market and 12,600 units of exports.

Commenting on the sales performance, Tarun Garg, COO, Hyundai Motor India, said, “FY24 sales number of 7.77 lakh units is a testimony to the great acceptance of our diverse product line-up with 8 percent year-on-year growth over last year in total sales. In the domestic market, HMIL sales surged by 8.3 percent in 2023-24 against the previous year. These are the highest sales reported by HMIL since its inception.”

He added, “In 2023-24, we launched many new models as well as product upgrades including Exter, new Creta, Creta N Line, new i20 and introduction of ADAS in Hyundai Venue and Venue N Line. As we move forward into 2024-25, we will continue to work diligently towards creating more excitement and enhanced value for our beloved customers.”

March 2024 Sales:
HMIL SalesMarch 2024March 2023% Growth
Domestic53,00150,6005%
Exports12,60010,90016%
Total Sales65,60161,5007%
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This article was first uploaded on April one, twenty twenty-four, at four minutes past one in the afternoon.
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