Hyundai Motors CY-23 Sales, 6Lakhs units Sold

In the dynamic landscape of the automobile industry, Hyundai Motor India has etched a significant milestone in the annals of 2023. The esteemed automaker has not just steered sales but achieved an astounding feat, recording sales totaling an impressive 7.66 lakh units in the year. This remarkable figure signifies a robust 9 percent growth for the company, setting a new record for sales. In comparison, the manufacturer sold a total of 7.01 lakh units in 2022. The stellar performance is a testament to Hyundai’s unwavering commitment to excellence and customer satisfaction.

Hyundai Motors Domestic Sales Surge

Hyundai Motor India marked its highest-ever domestic sales in a calendar year during 2023, with over 6.02 lakh units sold. This represents a commendable 9 percent increase over the previous year’s sales figure of 5.53 lakh units. The domestic market has shown a strong preference for Hyundai vehicles, reflecting the brand’s resonance with customers seeking quality, innovation, and reliability in their mobility choices.

Hyundai Motors Export Stories

Hyundai’s global footprint also witnessed a remarkable expansion with a 10 percent surge in exports. The year 2023 saw the export of 1.64 lakh units, up from 1.48 lakh units in 2022. This global outreach underscores Hyundai’s prowess in meeting the diverse needs of markets beyond India, further solidifying its position as a leading player on the international automotive stage.

Closing the year on a high note, Hyundai Motor India reported total sales of 56,450 units in December 2023. Out of this, 42,750 units were sold domestically, while 13,700 units found homes in the international market. This strong finish to the year reflects Hyundai’s ability to maintain momentum and sustain customer interest.

Hyundai Motors COO Commitment

Mr. Tarun Garg, the Chief Operating Officer (COO) at Hyundai Motor India, expressed his views on the stellar sales figures. In the significant year 2023, Hyundai Motor India marked a historic milestone, experiencing a pivotal moment in its journey. The company achieved an unprecedented feat by recording its all-time highest domestic sales, reaching an impressive figure of 602,111 units.

This remarkable accomplishment signifies not only a numerical triumph but also underscores a noteworthy growth rate of 9%, a testament to Hyundai’s unwavering commitment to excellence and customer satisfaction. The year stands out as a watershed moment in Hyundai’s history, reflecting the brand’s resilience and ability to thrive in a competitive automotive landscape. over LY sales volume.” The company’s ability to surpass industry growth, estimated at around 8.2%, underscores the trust customers place in the Hyundai brand. Mr. Garg also highlighted Hyundai’s proactive approach to expanding annual production capacity by 50,000 units to meet the growing demand from customers.

Hyundai Motors Commitment to Safety

Hyundai Motors’s commitment to customer safety was underscored by Mr. Garg, mentioning that the brand has become synonymous with a high level of safety. Hyundai Motor India is the first mass automobile brand in the country to standardize six airbags across all models and trims. The company’s dedication to safety received validation with the Hyundai Verna securing a 5-star rating from the Global New Car Assessment Programme (GNCAP). The recently launched Hyundai Exter has not only garnered acclaim from customers and critics but has also achieved the milestone of 1 lakh bookings.

Aligning with Hyundai Motors’s group vision of “Progress for Humanity,” Hyundai Motor India introduced the ‘Samarth’ initiative in 2023. This corporate endeavor aims to support differently-abled individuals and foster an inclusive environment. As Hyundai looks to the future, the commitment to India remains unwavering, with a pledge to bring forth products and technologies that resonate with customers’ aspirations.

2023 Hyundai Verna
2023 Hyundai Verna

Hyundai Motors Upcoming Models in 2024:

Hyundai Motors’s presence spans various automotive segments in the Indian market, offering a diverse range of reliable and high-performing products. The upcoming year, 2024, holds exciting prospects for Hyundai enthusiasts as the brand plans to introduce several new models, including the Creta facelift, the Ioniq 6, the new Electric, the Facelift Alcazar, and the new Gen Tucson.

The much-anticipated all-new Creta SUV is set to lead the charge, featuring significant modifications such as a new look, a turbocharged petrol engine, and Level 2 Advanced Driver Assistance Systems (ADAS) capabilities. The redesigned SUV is poised to compete with rivals like the Honda Elevate, Maruti Suzuki Grand Vitara, MG Astor, Kia Seltos, and Toyota Urban Cruiser Hyryder. Noteworthy enhancements in the 2024 Creta include Level 2 ADAS, new upholstery, a revised center console and dashboard, and an enhanced 360-degree camera for improved safety and convenience.

On the mechanical front, Hyundai is expected to continue offering the well-received 1.5-litre naturally aspirated petrol and diesel engine choices. A notable addition to the powertrain lineup is a new 1.5-litre turbo-petrol engine, available with either a seven-speed dual-clutch transmission (DCT) or a six-speed manual gearbox. Additionally, consumers can expect options such as a continuously variable transmission (CVT), automatic torque converter, and a six-speed intelligent Manual Transmission (IMT).

As Hyundai Motor India charts its course into 2024, the brand remains committed to delivering innovative, safe, and technologically advanced vehicles that resonate with the evolving preferences of Indian consumers. With a strong foundation built on the pillars of excellence, Hyundai is poised to continue its journey as a frontrunner in the Indian automotive landscape. As the automotive industry transforms and embraces new challenges, Hyundai stands ready to offer exciting products and experiences that elevate the driving journey for customers across the nation.