This September 2021 Hyundai Motors India Limited sold 45,791 units last month resulting in a decline in sales by 23% on YoY.
- Hyundai Motors India September 2021 sales analysis
- While Korean manufacturer registered 32% growth in exports
- Recently Hyundai launched 7-seater Alcazar and I20 N-Line in India
Hyundai Motors India limited dispatched 45,791 units last month as against 59,913 units sold during the same month last year resulting in an overall sales decline by 23% when compared on a year-on-year basis. Yet again Korean manufacture finished in the second position in overall sales of manufacturers on monthly basis. Hyundai on average sold over 50,000 units in the last few months. In terms of domestic sales of the Indian market, it stood at 33,087 units in September 2021 as against 50,313 units during the corresponding month last year getting a sales decline by 34.2% on a YoY basis.
Although as for the exports Hyundai saw positive growth of 32% as they exported 45,791 units last month. As compared with September 2020 it registered 9,600 units only. While, one of the biggest reasons for the decline in sales for many brands like Mahindra, Skoda, and many more is the global shortage of semiconductors. Not just Hyundai other manufacturers are facing the same problem, which resulted in many manufacturers shutting down their plant for some period until the condition gets back on track. Although, the chip shortage will be more as the festive season is coming in India and more buyers looking to buy their passenger vehicles.
Currently, Hyundai India has Santro, Grand I10 Nios, I20, Aura, Venue, Verna, Creta, Elantra, Alcazar, Tucson, and Kona electric. Last month Hyundai India has introduced the third first N-line vehicle for the Indian market named I20 N-line. N-Line comes offered in two dual-tone color paint schemes and sportier looks and mechanicals. While the powertrain remains the same as offered in regular I20 Asta which powers with a 1.0 Litre turbocharged petrol engine. The key difference between regular i20 and I20 N-line are athletics highlights all around the exterior and interior, retuned suspension system, new amazing piano-black grille, Diamond cut dual-tone alloy wheels, piano black spoiler along with side winds on the rear shield. The prices get more premium by Rs 20k to Rs 25K.