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Hyundai India recorded 16.6% growth in January, sold 62,276 vehicles

Hyundai Motor India Ltd. (HMIL) on Wednesday announced that it sold 62,276 cars in January 2023, recording a growth of 16.6% over the same month last year when it sold 53,427 cars. This figure includes both domestic and export sales. In the domestic market, the Korean automaker recorded sales of 50,106 units last month, up 13.8% from 44,022 retail units in January 2022. The automaker also said In January 2023, the company sold a total of 27,532 SUVs nationwide.

Car table HT

Update on:
01 Feb 2023, 16:01 ONLY

Creta has been a power player for Hyundai.
Creta has been a power player for Hyundai.

Hyundai also said it exported 12,170 vehicles to overseas markets last month, up 29.4 percent from 9,405 units sold in the same month a year ago. Commenting on the automaker’s sales performance in January 2023, Tarun Garg, CEO of Hyundai Motor India Ltd., said the auto company has started 2023 at a high pace as recorded double-digit growth in the first month. He also said that the recently introduced Ioniq 5 has attracted high customer interest, which should help the brand continue this sales momentum in the coming months. “We started CY2023 with record-high double-digit growth in January. The recent launch of the globally acclaimed Hyundai IONIQ 5 has created a high level of excitement among customers and the enviable number of registrations reinforces our commitment to delivering electric vehicles. standard for the Indian market,” added Garg.

Also read: Maruti Suzuki reports a 14.29% increase in sales in January, selling 1,47,348 units

He also said the company’s SUV models Tucson, Creta, Venue, Alcazar and Kona Electric have performed well, helping the brand achieve cumulative sales growth in January 2023. “Super performance SUVs. – Tucson, Creta, Venue, Alcazar and Kona Electric have continued to rock the market and maintain strong sales momentum in their respective segments with 27,532 units in January,” he said.

First published date: February 1, 2023, 16:01 PM IST


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