Hyundai Motor India records best ever monthly sales in September

Hyundai Motor India reported its highest ever monthly sales in the country in September, as it registered a 21.3% year-on-year growth in sales to 42,505 units.

Strong response to its Creta SUV and sustained demand for the premium hatchback Elite i20, helped the automaker post high sales last month.

However, the country’s largest passenger car exporter saw a dip in exports for yet another month with a 14.6% fall to 14,030 units in September. Total sales for the company including exports in the month were 9.8% higher at 56,535 units.

Commenting on the company’s performance Rakesh Srivastava, senior VP-Sales and Marketing, HMIL said, "Hyundai grew by 21.3% with its highest-ever monthly domestic sales of 42,505 units in a single month in the last 17 years, on the strong performance of its Modern Premium brands – CRETA, Elite i20, i20 Active and Grand, while also registering 14.2% growth in the first-half of this fiscal year.”

Given the strong demand for the Creta Hyundai has already restructured its manufacturing and ramped up its production to production by 50% from 5,000 units planned earlier to almost 7,500 units a month. It has also deferred exports of the Creta by a few months to accommodate high demand in the local market.

The company had sold 7,437 units of the SUV in August, and while the breakup for the Creta last month is not known yet, it is likely to retain the title of the most sold SUV in September as well.