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Hyundai Motor India sales down 4.23% at 60,501 units in August

Economic Times

Economic Times · 6m ago

Hyundai Motor India sales down 4.23% at 60,501 units in August

Hyundai Motor India reported a 4.23% decline in total sales for August, with 60,501 units sold compared to 63,175 the previous year. Domestic sales were 44,001 units, and exports increased by 21% year-on-year to 16,500 units. The company aims to establish India as a strategic manufacturing base and Hyundai's largest export hub outside South Korea, according to HMIL's Whole-time Director and COO, Tarun Garg.

Related News

Hyundai Motor India records highest-ever sales of 7.77 lakh units in FY24

Thehindubusinessline

Thehindubusinessline · 1y ago

Hyundai Motor India records highest-ever sales of 7.77 lakh units in FY24

Hyundai Motor India (HMIL) announced that it achieved its highest-ever domestic sales in the financial year 2023-24, with 6.14 lakh units sold, an 8.3% increase from the previous year. The company also recorded its highest-ever annual total sales of 7,77,876 units, an 8% growth compared to FY 2022-23. Toyota Kirloskar Motor and Mahindra & Mahindra also reported significant sales growth, while MG Motor India experienced a decline in retail sales.

Hyundai sales dip 3.2% in July at 64,563 units

Money Control

Money Control · 1y ago

Hyundai sales dip 3.2% in July at 64,563 units

Hyundai Motor India reported a 3.2% decline in wholesale sales for July, with 64,563 units sold compared to 66,701 units sold in July 2023. Domestic dispatch of vehicles to dealers fell 3.3% to 49,013 units, while exports declined 2.81% to 15,550 units. However, the company noted an overall sales growth of 4.31% year-on-year from January to July 2024, with SUVs accounting for 66.6% of total domestic sales. The new Hyundai CRETA achieved 1 lakh unit sales and achieved its highest ever monthly domestic sales of 17,350 units in July 2024.

Hyundai Motor India sales rise 6.6% to 58,702 units in December

Economic Times

Economic Times · 2m ago

Hyundai Motor India sales rise 6.6% to 58,702 units in December

Hyundai Motor India Ltd reported a 6.6% year-on-year growth in total sales for December 2025, tallying 58,702 units. This includes domestic sales of 42,416 units and exports of 16,286 units. The company's CEO, Tarun Garg, attributed this growth to positive momentum from GST 2.0 reforms. Additionally, Hyundai recorded a 26.5% year-on-year increase in export volume for December, highlighting its robust performance in the market.

Hyundai sales dip 7 pc in July

Economic Times

Economic Times · 7m ago

Hyundai sales dip 7 pc in July

Hyundai Motor India reported a 7% decline in total sales for July, with 60,073 units sold compared to 64,563 units the previous year. Domestic vehicle dispatches to dealers dropped over 10% to 43,973 units, while exports increased slightly to 16,100 units. Despite recent softness in the auto industry, Hyundai remains optimistic due to the upcoming festive season, preparing with improved supply and product offerings, according to COO Tarun Garg.

PV sales continue on upward trajectory in February

Money Control

Money Control · 2y ago

PV sales continue on upward trajectory in February

Passenger vehicle (PV) sales in India have continued to rise for the second consecutive month in 2024, with carmakers delivering approximately 373,177 units to dealers. This marks the highest auto wholesales for February in any year, driven by strong demand for SUVs, positive consumer sentiment, increased availability of waitlisted models, and new rollouts. Overall, PV sales have increased by 11.3% year-on-year, reaching a total of 3,859,000 units for the April 2023-February 2024 period. Maruti Suzuki India, Hyundai Motor India, M&M, Tata Motors, MG Motor India, and Toyota Kirloskar Motor reported positive sales growth.

Hyundai Motor India hopes to close the gap with Maruti Suzuki sales with upcoming plants

Thehindubusinessline

Thehindubusinessline · 2y ago

Hyundai Motor India hopes to close the gap with Maruti Suzuki sales with upcoming plants

Hyundai Motor India (HMIL) plans to bridge the sales gap with Maruti Suzuki India (MSIL) by expanding its production capacity. HMIL currently sells around 50,000 units per month in the domestic market, while MSIL sells around 1.20 lakh units. To address this, HMIL will invest around ₹33,000 crore to increase its capacity to one million units and introduce new products. Additionally, HMIL is focusing on exports to West Asia, Africa, and Latin America, where there is growing demand for Indian-manufactured vehicles. In terms of product launches, HMIL recently introduced the sporty Hyundai Creta N-Line SUV in India.

JSW MG Motor India August sales up 52% at 6,578 units

Economic Times

Economic Times · 6m ago

JSW MG Motor India August sales up 52% at 6,578 units

JSW MG Motor India reported a 52% increase in August 2025 wholesales, reaching 6,578 units compared to 4,323 units in August 2024. The growth was fueled by the festive season, boosting sales across the internal combustion engine (ICE) and electric vehicle (EV) models. The company achieved its highest deliveries of the year, with the MG Windsor EV recording its best monthly sales with a 5% growth, reflecting strong market demand and performance.

With 3.5% market share, Ola Electric slips out of top 5 EV 2W makers in Feb

Entrackr

Entrackr · 16d ago

With 3.5% market share, Ola Electric slips out of top 5 EV 2W makers in Feb

Bhavish Aggarwal-led Ola Electric slipped out of the top five electric two-wheeler makers in February after its sales fell 47% month-on-month and its market share dropped below 4%. TVS Motor continues to hold the top spot. According to Vahan data, the overall electric two-wheeler market fell over 9% in February due to the shorter month, with total registrations at 1,11,680 units. Despite a 9% decline in sales, TVS Motor Company retained a 28.3% market share, with registrations of 31,600 units during the month. Bajaj Auto recorded sales of 25,323 units in February, compared to 25,717 units in November, while its market share rose to 22.67%. Ather Energy retained its third position during the period, although registrations declined 7% month-on-month to 20,581 units from 22,130 in January. The company held an 18.43% market share. Hero MotoCorp also maintained its fourth spot, despite a 6.26% month-on-month decline in sales. The company registered 12,512 units and held an 11.2% market share. Ola Electric sales continued to plunge in February, with volumes down over 47% month-on-month to 3,968 units. As a result, the company slipped out of the top five and its market share fell to 3.55%. Once a dominant player with more than 35% market share in 2024, Ola Electric has seen a sharp erosion in its position. Ola Electric’s sharp fall opened space for Greaves Electric Mobility to enter the top five electric two-wheeler sellers. Despite an 11.55% month-on-month decline in sales, Greaves Electric held a 4.23% market share during the month. BGauss, and River Mobility, e-Sprinto retained their positions at seventh, eighth, and ninth, respectively. However, their sales declined in February by 2.8%, 13.8%, and 42.15% month-on-month. Simple Energy entered the top 10 electric two-wheeler companies, replacing Pure EV. The company’s registrations rose over 45% during the month.

Electric car retail sales zoom over two-fold to 15,329 units in September: FADA

Economic Times

Economic Times · 5m ago

Electric car retail sales zoom over two-fold to 15,329 units in September: FADA

In September, electric car sales in India surged over twofold to 15,329 units, compared to 6,191 units the previous year, according to data from FADA. Tata Motors led with 6,216 units, marking a 62% rise, while JSW MG Motor and Mahindra & Mahindra also saw significant increases. The two-wheeler segment recorded a 15% rise to 104,220 units, with TVS Motor leading sales. Tesla India sold 64 units, marking its entry in the Indian market.

Local car sales dip again in June as buyer sentiment stays weak

Economic Times

Economic Times · 8m ago

Local car sales dip again in June as buyer sentiment stays weak

Local car sales in India fell by 6% in June, with 320,000 units sold, as weak buyer sentiment continued. Major carmakers like Maruti Suzuki, Hyundai, and Tata Motors saw significant declines in sales, with Maruti Suzuki down 13%. The small car segment particularly struggled due to affordability issues, despite GDP growth. However, the electric vehicle sector showed promise with robust growth. In contrast, Mahindra & Mahindra experienced an 18% sales increase, bucking the trend.

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