Hyundai Motor India Reports Record Sales in 2023 with 9% Increase

by time news

2024-01-11 21:32:00
Hyundai Motor India Reports Record Sales in 2023

Hyundai Motor India has reported a record-breaking year in 2023, with total sales reaching 7,75,786 units. This marks a 9 percent increase from the previous year’s sales of 7,00,811 units. The company attributes this growth to a significant increase in both domestic and export sales.

According to a press release issued by the company, Hyundai Motor India shipped 7,65,786 cars to dealers in 2023, compared to 7,00,811 in 2022. This represents a 9 percent increase in total sales for the year.

Domestically, Hyundai Motor India achieved its highest annual sales with 6,02,111 units sold in 2023, a 9 percent increase from the previous year’s sales of 5,52,511 units. This marks a significant milestone for the company in the Indian market.

Additionally, the company’s exports also saw an impressive growth, with a 10 percent increase from 1,48,300 units in 2022 to 1,63,675 units in 2023.

Commenting on the company’s performance, a spokesperson for Hyundai Motor India expressed their satisfaction with the results and attributed the growth to the company’s strong product line and commitment to customer satisfaction.

With these record-breaking sales figures, Hyundai Motor India has solidified its position as a leading player in the Indian automotive market. The company’s ongoing success is a testament to its dedication to innovation and excellence in the industry.
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