By: Mobin
Hyundai Motor India claimed it registered a 14% year-on-year growth in domestic sales in January 2024, selling 57,115 passenger vehicles.
Including domestic and export figures, Hyundai's total sales in January 2024 stood at 67,615 units.
Strong demand for Hyundai's SUVs like the Creta, Alcazar and Venue helped drive sales growth in January 2024.
Hyundai India CEO Tarun Garg said the company has had a fabulous start to 2024, achieving record domestic sales of 57,115 units in January.
The Creta and Venue SUVs continue to be Hyundai's top selling models in India. The newly launched Tucson has also seen strong demand.
While January sales were strong, Hyundai faces challenges like high inflation and rising interest rates in 2024.
Hyundai plans to maintain growth momentum with launches like the Ioniq 5 EV and new-gen Verna sedan in 2024.
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