Hyundai India sales up 30% in November, cross half-a-million units in first 11 months of 2022

Hyundai Motor India has reported domestic market sales of 48,003 units in November 2022. This constitutes year-on-year growth of 30% (November 2021: 37,001 units).

Cumulative sales for the first eight months of FY2023 at 381,009 units are a 20.37% growth over year-ago numbers (April-November 2021: 316,516). Seen from a calendar-year perspective, cumulative numbers – 513,681 units – for the first 11 months of 2022 point to single-digit growth (January-November 2021: 472,721 units).

This company has crossed the half-a-million-units sales milestone and with December numbers yet to be counted in, it is headed for its best-ever annual sales yet in India.

Commenting on November 2022 sales, Tarun Garg, Director (Sales, Marketing & Service), Hyundai Motor India said, “This year we have seen a sustained recovery and growth in demand for our cars. On the back of a strong festive season, we have achieved high double-digit growth in domestic sales in the last couple of months when compared to the same period last year. With the launch of three new SUVs in 2022 and strong demand for models like the Creta, Venue, Grand i10 Nios and Aura, we are well poised to achieve the highest ever domestic sales in 2022 since our inception in India.”