Hyundai’s April sales down 10 percent

Korean carmaker clocked 44,001 units in domestic sales.

Autocar Pro News Desk By Autocar Pro News Desk calendar 01 May 2022 Views icon21370 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp

Hyundai Motor India clocked 44,001 units in domestic sales in April 2022, registering a 10.2 percent year-on-year decline compared to 49,002 units sold in April 2021.

The degrowth can be attributed to the global supply chain woes, which have put a spanner in the works for automobile OEMs that are scrambling for parts such as semiconductors.

HMI’s FY22 performance was also marginally better over FY21, registering a mere 2 percent growth to 481,500 units (FY21: 471,535). The Korean carmaker has been witnessing strong demand for some of its popular models – for instance, Hyundai Creta – which continues to have waiting periods of 8-12 months, depending upon variant and city.

The SUV sold 118,092 units last fiscal, averaging monthly sales of 9,841 units in FY22. Other models including the Hyundai i20 premium hatchback, Venue compact SUV as well as Aura compact sedan, particularly in its CNG trims, are witnessing strong demand. While other OEMs have flagged supply issues in the ongoing quarter, it remains to be seen how HMI manages component supplies and vehicle assembly at its plant in Chennai.

Also read
Maruti grabs 4 slots in FY22 exports tally

 

RELATED ARTICLES
Audi India opens its 20th pre-owned car facility in Indore

auther Autocar Pro News Desk calendar08 Dec 2022

Luxury carmaker continues retail expansion with the 20th Audi Approved: plus  outlet, with two more to be opened before ...

Greaves Electric Mobility to reveal five new EVs at Auto Expo 2023

auther Autocar Pro News Desk calendar08 Dec 2022

The EVs include an all-new electric scooter with a new brand identity and premium design, and an aerodynamic three-wheel...

BorgWarner opens new tech centre in Bengaluru

auther Autocar Pro News Desk calendar08 Dec 2022

New facility to focus on systems software development, fuel handling design and mechanical simulation for IC engines and...