Hyundai Motors sales in February 2024 posted YoY growth, but MoM declined, with exports also ending in lower sales. Indian auto industry sales to rise in February 2024 in four-wheeler and passenger vehicle segments.
Hyundai Motors sales in February 2024 7% Growth
Hyundai Motor India Limited has also released its sales report for the month of February 2024 which showed a year-on-year sales growth of 4.58 percent.
Total sales (domestic + exports) increased to 60,501 units in February 2024 from 57,851 units sold in February 2023. This included sales of 50,201 units in domestic markets, a growth of 6.81 percent from 47,001 units sold in February.
However, shipments fell 5.07 percent to 10,300 units last month from 10,850 units shipped in February 2023.
What are the sales of Hyundai Motors in February 2024
Considering sales in domestic markets, the company has a diverse lineup of 13 cars and SUVs, including the Grand i10 Nios, i20, i20 N-Line, Aura, Exeter, Venue, Venue N-Line, Verna, Creta, Alcazar, Tucson, Kona EV , and the Ionic 5 EV. Domestic sales stood at 50,201 units last month,
a growth of 6.88 percent over the 46,968 units sold in February 2023. However, this was a decline of 12.11 percent compared to 57,115 units sold in January 2024.
Domestic Hyundai Motors Sales February 2024
Hyundai Motors Sales | Sales units February 2024 |
Domestic | 50,201 |
Exports | 10,300 |
Tatal Sales | 60,501 |
This is the recently launched Creta. The company has increased its sales to a great extent. Its demand is such that Hyundai has received 50k bookings in a month for the new Creta. Hyundai has recorded over 1 million Creta sales since its launch in 2015, with 1 Creta sold every 5 minutes.
Hyundai Motors Upcoming Cars in 2024
The company is now gearing up to launch the Creta N Line. Bookings for the N line have opened at the company’s dealerships and the features have been detailed.
No price has been announced yet, but the Creta N Line is priced at Rs. 19 lakh to Rs. 21 lakh (ex-showroom) and is expected to be between. The launch date is set to be March 11, 2024. As the bookings have just opened, the Creta N line has received such an amazing response.
The Creta N Line features a unique Thunder Blue colour with a contrasting black roof to enhance its sporty appeal. It is offered in two variants N8 and N10. They are powered by a 1.5-litre Kappa Turbo GDi petrol engine that produces 160 hp and 253 Nm of torque.
Transmission options include 6-speed MT and 7-speed DCT. As revealed by the spy shots, Hyundai is also testing the Alcazar facelift.
This will be the company’s third launch this calendar year, after the Creta facelift in January this year and the Creta N Line in March 2024. The Hyundai Alcazar facelift could be launched by June 2024.