Hyundai Motor India Limited posted a massive sales growth at the start of the new calendar Jan 2021, with 23.8 percent sales growth.
- Hyundai posted a total of 60,105 units last month
- Domestic sales tally stood at 52,005 units in Jan 2021
- Hyundai motors India limited exported 8,100 units last month
Hyundai Motor India limited garnered a total cumulative tally of 60,105 units. In which Hyundai has exported and gained a large number in domestic sales as well. The Second largest mass manufacturer of India posted a massive 23.8 percent positive sales growth on a year-on-year basis in the domestic tally. Hyundai recorded 52,005 units last month against 42,000 units during the same corresponding period last year in Jan 2020. However, the exports were dropped by 19 percent on a year-on-year basis, as it recorded 8,100 units exports in Jan 2021, against 10,000 units in the same period in 2020.
As combining both the numbers, domestic tally, and exports it gets over 15.2 percent sales volume growth compared on a year-on-year basis. This was all because of the new launches from the South Korean car manufacturer. As in the starting of the year 2020, it showcased their upcoming cars like New-gen Creta, New Gen I20, and lots more. Since the start of the year 2020, car makers launched New Generation Hyundai Creta which performs extremely well, in a drastic period. Then just a few months Back Korean carmakers launched their premium hatchback New generation I20, as expected the car was sold out for the month of launch. In a single month, it registered more than 30,000 bookings and 1 lakh inquiries for the car. Hyundai Jan 2021 sales analysis.
The South Korean carmaker has a major on producing strong compact SUV and Mid-Size SUV for the Indian market, making an impact in the market courtesy of Hyundai Venue and New Generation Hyundai Creta. Hyundai Group stood at the top of the SUV sales chart last year, as Hyundai’s and Kia’s strategies paid off at last. Also, Hyundai going to launch the 7-seater version of Creta in the market in Mid-2021. It could be dubbed as Alcazar and already been spotted many times on Indian roads for testing covered in camouflage.
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