Volvo Car India Sales: The locally assembled all-electric XC40 Recharge performed exceptionally well, with 510 units sold during this period. Additionally, the XC60, the top-selling model, witnessed a significant surge, resulting in 921 deliveries in 2023. C40 Recharge has also shown great response and accounts for 180 units within a short period in 2023, the company said.
The year 2022 was a record-breaking one for Skoda Auto India, following the two big launches of Kushaq and Slavia. Its sales momentum was hampered by supply issues and related constraints resulting in a 9% year-on-year decline to 48,755 units in the period from January 1 to December 31, 2023. In 2022 the company had sold 53,721 cars.
Hyundai Motor: The duo sold 7.3 million vehicles in 2023, about 3% less than their combined target of 7.52 million, largely due to a difficult economic environment, including rising interest rates and inflation that pushed vehicles out of the reach of some buyers.