Hyundai India Achieves Record Domestic Sales for Third Straight Year

Hyundai India celebrates record domestic sales for the third year, driven by innovations like Hy-CNG Duo and SUV dominance with CRETA's stellar performance.

Hyundai India Achieves Record Domestic Sales for Third Straight Year

Hyundai Motor India Limited (HMIL) has reached an impressive milestone, recording its highest-ever yearly domestic sales of 6,05,433 units in 2024, marking the third consecutive year of domestic sales dominance. Combined domestic and export sales for the year totaled 7,64,119 units, showcasing the brand’s consistent growth and appeal.

In December 2024, HMIL reported total monthly sales of 55,078 units, comprising 42,208 units sold domestically and 12,870 units exported. This strong performance reflects Hyundai’s ability to navigate industry challenges while maintaining a steady upward trajectory.

Commenting on the achievement, Tarun Garg, Whole-time Director and COO of Hyundai Motor India Limited, expressed pride in the company’s accomplishments. He attributed the success to Hyundai’s position as a trusted provider of smart mobility solutions, adding that Hyundai CRETA played a pivotal role in driving sales. With 1,86,919 units sold in 2024, CRETA remains the undisputed leader in the SUV category, contributing significantly to Hyundai’s record domestic SUV contribution of 67.6%.

A standout innovation for the year was the introduction of the Hy-CNG Duo technology, which resonated strongly with buyers, leading to a 13.1% contribution to domestic sales from CNG models, up from 10.4% in 2023. This underscores Hyundai’s commitment to sustainability and innovation in meeting evolving customer preferences.

Looking ahead, Hyundai is poised for further success with the anticipated launch of the CRETA Electric, expected to bolster the brand’s position as a leader in the SUV segment. Garg emphasized the company’s confidence in strengthening Hyundai’s appeal with this upcoming addition to its lineup.

Hyundai’s consistent growth and innovative offerings reinforce its standing as a preferred choice among Indian buyers, cementing its legacy in the country’s automotive landscape.