Auto Sales April 2024: Hyundai India Registers 9.5% YoY Growth

Hyundai Motor India Ltd (HMIL) sold 63,701 units in April 2024, registering a Year-on-Year growth of 9.5 per cent. This figure includes domestic sales of 50,201 units and exports of 13,500 units. 

The domestic sales of Hyundai India in April saw a growth of only one per cent, compared to the same period last year. However, exports saw a staggering growth of 58.8 per cent compared to April 2023. 

Tarun Garg, COO, Hyundai India, said, “In April 2024, Hyundai Motor India achieved the fourth consecutive month of 50,000 plus units in domestic sales during CY 24. Driven by models like the Creta, Venue and Exter, SUVs continued to be a growth driver contributing 67% of HMI domestic sales.”

In the period from January to April 2024, Hyundai India sold more than 2.10 lakh units, witnessing a growth of 6.6 per cent compared to the same period in 2023. Exports between January and April 2024 amounted to 46,900 units, which is a 10.6 per cent YoY growth. Overall, Hyundai India sold more than 2.57 lakh units with a 7.3 per cent growth compared to the period between January to April 2023. 

Compared to March 2024, Hyundai India's sales have seen a slight downtick. In March 2024, Hyundai India sold 65,601 units with a YoY growth of seven per cent. HMIL sold 53,001 units in the domestic market in March, while it exported 12,600 units. Both are down by 2,800 units and 900 units, respectively.