Hyundai India has achieved the highest-ever domestic sales in a calendar year, surpassing the six lakh sales milestone. In CY23, the company recorded sales of 6,02,111 units, registering a 9% increase over the previous year’s 5,52,511 units.
Additionally, Hyundai’s exports grew 10%, shipping 1,63,675 units in CY23 compared to 1,48,300 units in CY22. In December 2023, Hyundai achieved total sales of 56,450 units, comprising 42,750 units in domestic sales and 13,700 units in exports.
Commenting on this achievement, Tarun Garg, COO, HMIL, said, “In the momentous year of 2023, Hyundai Motor India witnessed a watershed moment by achieving its highest-ever domestic sales of 6,02,111 units, achieving a respectable 9% growth over LY sales volume. HMIL has not just kept pace but surpassed industry growth (estimated at around 8.2%), a testament to customers choosing the brand Hyundai as their preferred mobility brand. Also in 2023, we proactively expanded our annual production capacity by 50,000 units to meet the increasing demand from our customers.”
Garg further added, “Brand Hyundai now epitomizes a high level of safety for our esteemed customers. HMIL is the first mass automobile brand in India to standardize six airbags across all models and trims, reinforcing our commitment to safety. We also secured a 5-star rating for Hyundai Verna from GNCAP. The recently launched Hyundai Exter has not only garnered acclaim from customers and critics but also crossed the milestone of 1 lakh bookings.”
