Hyundai sells over 50,000 units, registers 23.6% year-on-year growth in Sept

Hyundai is seeing an uptick in sales and managed to sell 50,313 in the domestic market in September.The 23.6% year-on-year growth is for domestic sale
...
Launch of new models as well as updating existing models like adding iMT to Venue (in pic) has helped Hyundai's cause in India.
Launch of new models as well as updating existing models like adding iMT to Venue (in pic) has helped Hyundai's cause in India.

Hyundai Motor India on Thursday announced it sold 50,313 units in the domestic market in the month of September, up from 45,809 units sold here a month earlier. This also means the company has registered a health year-on-year growth of 23.6 per cent when compared domestic sales figures from last month are compared to September 2019.

While Hyundai had managed to sell 40,705 units in the domestic market in September of 2019, the return to the 50,000 mark would come as a major sign of relief for the country's No. 2 car maker. Much of the credit for the strong performance may be credited to the launch of Creta 2020 and Verna 2020 in recent months as well as the continuing success of Venue which only now faces increased competition from the newer players like Kia Sonet and Toyota Urban Cruiser.

Also check these Vehicles

Find more Cars
Hyundai Verna (HT Auto photo)
Engine Icon1497 cc FuelType IconPetrol
₹ 10.96 - 17.38 Lakhs
Compare
View Offers
Hyundai Creta (HT Auto photo)
Engine Icon1497 cc FuelType IconMultiple
₹ 11 - 20.15 Lakhs
Compare
View Offers
Hyundai Venue (HT Auto photo)
Engine Icon1493.0 cc FuelType IconMultiple
₹ 7.89 - 13.48 Lakhs
Compare
View Offers
Hyundai Venue N Line (HT Auto photo)
Engine Icon998.0 cc FuelType IconPetrol
₹ 12.16 - 13.30 Lakhs
Compare
View Offers
Hyundai I20 (HT Auto photo)
Engine Icon1197 cc FuelType IconPetrol
₹ 6.99 - 11.16 Lakhs
Compare
View Offers
Hyundai Tucson 2024 (HT Auto photo)
UPCOMING
Engine Icon1999 cc FuelType IconPetrol
₹ 30 Lakhs
View Details

Also Read : Maruti continues recovery process | September the best month in several months for Toyota

Exports though remain significantly muted. India is one of the major hubs from where Hyundai also exports its vehicles and while 17,000 units were shipped in September of 2019, only 9,600 units were exported last month. As such, the cumulative year-on-year rise is 3.8 per cent.

Even still, Hyundai would now be looking at the festive period with a lot of eagerness because it does have fresh products in its garage to lure customers with. "In the changing business environment, the green shoots of recovery are clearly visible with sales improving on a month-on-month as well as year on year basis," said Tarun Garg, Director - Sales, Marketing and Service, Hyundai Motor India. "We are confident that the coming festive season will drive the market on a steady recovery path with positive customer sentiments."

First Published Date: 01 Oct 2020, 13:21 PM IST
NEXT ARTICLE BEGINS

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city

Want to get the best price for your existing car?

Powered by: Spinny Logo
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.