Hyundai India Doubles Dhanteras Deliveries, Sets Festive Sales Record

Hyundai Motor India Limited (HMIL) reported a surge in Dhanteras vehicle deliveries, doubling last year's figures with a total of 10,293 units. This accomplishment marked a celebratory start to the festive season for the country's second-largest passenger vehicle manufacturer.

As one of India's major exporters, HMIL showcased overall sales performance for October 2023, recording a total of 68,728 units, reflecting an 18.5 per cent year-on-year growth. Domestic sales constituted 55,128 units, indicating a 15 per cent increase compared to October 2022. Meanwhile, exports witnessed a substantial rise of 36 per cent, reaching 13,600 units compared to 10,005 units in October 2022.

The Society of Indian Automobile Manufacturers (SIAM) released industry-wide sales results, revealing that passenger vehicle sales for October 2023 reached 389,714 units, marking an impressive year-on-year growth of 15.9 per cent and setting a new record.

Tarun Garg, COO, HMIL, said, "This huge number of deliveries stands a testament to the overwhelming admiration our customers have for the Hyundai brand. It also reflects a clear preference for Hyundai vehicles especially post the announcement of six airbags as standard safety features across all our models and variants.”

Highlighting its extensive presence in the country, HMIL currently operates through a network of 1357 sales points and 1535 service points across India. The company's diverse model lineup includes 13 car models spanning various segments, such as Grand i10 NIOS, i20, i20 N-Line, Aura, Exter, Venue, Venue N-Line, Verna, Creta, Alcazar, Tucson, Kona Electric, and the electric SUV Ioniq 5.

Indian auto industry, facing a backlog of more than 6,00,000 units, is working hard to make more cars for the festive season. Most car companies have solved the chip problem and are sure they'll get enough computer chips for production. Industry leaders think that they will sell over a million cars during the festive season.