Hyundai sales up 3 percent in November 2023: Venue, Creta prompt growth as Exter joins in

Hyundai Motor India sold 65,801 cars in India in November 2023, registering a 2.80 percent growth as compared to the 64,003 units sold in the corresponding month last year. In the domestic market, the carmaker clocked 49,451 units, an uptick of 3.01 percent, as against the 48,002 units sold in November 2022. In fact, the company is on course to achieve the milestone of achieving six lakh domestic sales in the ongoing calendar year for the first time since its entry in India.
Hyundai’s exports during the month stood at 16,350, up by 2.18 percent, as compared to 16,001 units shipped in the year-ago period.

India is the third-largest market globally for the South Korean manufacturer and ranks just behind the United States and the EU in terms of market share. So far, the Indian market has contributed to 18.6 percent to the global Hyundai sales in 2023. The manufacturer cited the festive season to be one of the factors that has prompted this growth in the penultimate month of the year.
Tarun Garg, COO, Hyundai Motor India, said that the company’s SUV line-up continues to exhibit robust momentum, contributing over 60 percent to our overall sales. Earlier this year, the OEM introduced the Exter SUV to expand their SUV portfolio in India. Garg revealed that the compact SUV has so far received over 1 lakh bookings, thus contributing significantly to the company’s domestic sales.
Besides that, the company sells a host of popular products in the country which includes the likes of Grand i10 Nios, i20, Verna, Venue, and Creta. As part of its electrification strategy in India, the company also offers Kona and Ioniq 5 electric cars.