How did Hyundai India perform in December sales?

Hyundai India sold 58,702 units in December, which was below market expectations but showed a 6.6% year-on-year increase.

What was the main growth driver for Hyundai India in December?

Export volumes were the key growth driver, increasing by 26.5% year-on-year.

Were Hyundai India's domestic sales strong in December?

Domestic sales were stable, with 42,416 units sold, contributing to the overall sales figure.

Home / Business and Economy / Hyundai India Exports Surge Despite Missed Sales Targets

Hyundai India Exports Surge Despite Missed Sales Targets

1 Jan

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Summary

Hyundai India's December sales fell short of estimates at 58,702 units.
Export volumes significantly grew by 26.5% year-on-year to 16,286 units.
Domestic sales showed stable demand, reaching 42,416 units.

Hyundai India Exports Surge Despite Missed Sales Targets

Hyundai Motor India announced its December sales figures, reporting a total of 58,702 units sold. This performance fell short of the 62,667 units anticipated by market analysts. Despite this, the company achieved a notable 6.6% year-on-year increase in overall sales.

The primary driver of growth was Hyundai India's export segment, which saw a substantial 26.5% year-on-year rise, with 16,286 units shipped overseas. Domestic sales contributed 42,416 units, indicating steady demand within India.

This mixed result reflects the automaker's operational resilience in a competitive landscape. The strong export performance suggests positive global demand and the strategic advantage of India as a production hub for international markets.