Hyundai Sales Surge 7% in May, Moving Over 63,000 Units

3 Jun 2024 , 11:07 AM

On Saturday, Hyundai Motor India Ltd (HMIL) revealed that its May sales were 63,551 units, a 7% year-over-year rise. According to a statement from HMIL, the company sold 59,601 units in total in May 2023.

Domestic car dispatch to dealers increased by 1% last month to 49,151 units from 48,601 units during the same period last year.

In May, exports reached 14,400 units, up 31% from 11,000 units during the same month last year.

“We have maintained a healthy total sales volume in May 2024, despite a week-long routine bi-annual maintenance shutdown at our Sriperumbudur factory,” Tarun Garg, HMIL COO, stated.

According to him, SUVs accounted for almost 67% of domestic sales last month, demonstrating their continued role as HMIL’s growth engine.

“Our rural penetration stood at a healthy 20.1% in May,” Garg stated.

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