Hyundai India Reports 7% Sales Dip in November

2 Dec 2024 , 04:42 PM

Hyundai Motor India registered a 7% drop in total sales for November 2024 at 61,252 units as compared to 65,801 units sold in November 2023.
Domestic sales declined by 2% at 48,246 units from 49,451 units sold during the same period last year. Exports fell 20% year-on-year with only 13,006 units exported in November 2024.

Hyundai kept going about with the SUV, since sales had declined across other platforms; the share had been on the rise with total domestic sales now pegged at 68.8%.

The company wants to further boost its SUV offerings while at it and dominate the entire market According to reports, even their well-performing SUV products still support major portions of its volume sold in India. The company would seek consolidation in a highly competitive market of SUV, which in itself has strong growth prospect.