Hyundai logs 18% y-o-y growth in October sales at 68,728 units

2 Nov 2023 , 11:00 AM

Hyundai Motor India said on Wednesday that total wholesales increased 18% year-on-year to 68,728 units in October. In October 2022, the South Korean carmaker delivered 58,006 vehicles.

Domestic sales grew by 15% to 55,128 units last month, up from 48,001 units in the same month of the previous year. Company’s exports jumped by 36% y-o-y to 13,600 units in October 2023.

Our valued customers have reacted positively to the recent announcement that six airbags will be standard across all Hyundai models and variants, said the company in its media filing.

In addition, the supply situation has returned to routine, and our network is ready to please consumers with the delivery of their favourite Hyundai vehicles,’ stated Hyundai Motor India COO Tarun Garg.

Hyundai manages the world’s largest integrated vehicle manufacturing facility in South Korea’s Ulsan. The company currently has an annual production capacity of 1.6 million units. Globally, it employs around 75,000 employees.

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