Gurugram — Hyundai Motor India Limited (HMIL) has rewritten the record books with its remarkable performance in 2024, achieving its highest-ever yearly domestic sales of 6,05,433 units. This feat marks the third consecutive year of record-breaking domestic sales for the automotive giant, solidifying its leadership in the Indian market.
Key Highlights of Hyundai’s Stellar 2024 Performance
- Domestic Sales Triumph: HMIL’s domestic sales soared to an all-time high of 6,05,433 units in 2024.
- SUV Supremacy: SUVs made up a staggering 67.6% of HMIL’s domestic sales, the highest in the company’s history.
- Creta’s Dominance: The Hyundai Creta emerged as a star performer, achieving its best-ever yearly domestic sales of 1,86,919 units.
- CNG Growth: With the introduction of innovative Hy-CNG Duo technology, CNG sales hit a record contribution of 13.1% to HMIL’s domestic portfolio, up from 10.4% in 2023.
- Exports Strengthened: HMIL fortified its position as a global export hub, shipping 1,58,686 units in 2024, contributing to a total sales figure of 7,64,119 units (domestic + export).
December 2024 Snapshot
In December alone, HMIL recorded total sales of 55,078 units, including 42,208 domestic and 12,870 export units, capping off a phenomenal year.
Leadership Insights
Reflecting on the remarkable achievements, Tarun Garg, Whole-time Director and Chief Operating Officer of HMIL, credited the company’s consistent innovation and customer-centric approach.
“Achieving record-breaking domestic sales for three years in a row underlines the trust and loyalty our customers place in Hyundai. The success of the Hy-CNG Duo technology and our leadership in the SUV segment, driven by the Hyundai Creta, showcase our ability to cater to evolving market demands. With the upcoming Creta Electric, we are poised to elevate our position in the smart mobility space even further,” he said.
A Glimpse into the Future
Hyundai’s unwavering focus on innovation, sustainability, and customer satisfaction ensures its continued momentum in the highly competitive automotive market. With the anticipated launch of the Creta Electric and advancements in CNG technology, HMIL is set to maintain its trajectory of success into 2025 and beyond.
The numbers speak for themselves: Hyundai is not just surviving the industry’s headwinds—it is thriving, driving forward as a leader in mobility solutions.
HMIL Sales performance:
HMIL Sales | December 2024 | December 2023 | % Growth | CY 2024 (Jan – Dec) | CY 2023 (Jan-Dec) | % Growth |
Domestic | 42,208 | 42,750 | -1.3 | 6,05,433 | 6,02,111 | 0.6 |
Exports | 12,870 | 13,700 | -6.1 | 1,58,686 | 1,63,675 | -3.0 |
Total | 55,078 | 56,450 | -2.4 | 7,64,119 | 7,65,786 | -0.2 |