Hyundai Motor India Ltd (HMIL) reported a 7% year-on-year increase in total sales for May 2024, achieving 63,551 units. Domestic dispatches rose by 1% to 49,151 units, while exports grew 31% to 14,400 units. Despite a week-long maintenance shutdown, SUVs remained key growth drivers, contributing to 67% of domestic sales.
Hyundai Motor India Ltd (HMIL) saw a 7% year-on-year rise in total sales, reaching 63,551 units in May. Domestic vehicle dispatches increased by 1% to 49,151 units, while exports surged by 31% to 14,400 units. Despite a maintenance shutdown, HMIL maintained healthy sales, with SUVs driving growth. Rural penetration stood at 20.1%.
Hyundai India Domestic Sales: The company reported total sales of 63,551 units in May 2024, an increase of 7% compared to 59,601 units sold in May 2023.