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Hyundai has registered 49,451 unit sales in November 2023
Hyundai is showcasing substantial growth with its sharp upward growth curve in the Indian Market.
YEAR ON YEAR SALES
If we look at the data of the yearly sales of any specific model of Hyundai, we can see Venue has made a recognizable growth in November 2023 compared to November 2022. There has been some reduction in the growth of Creta, Exter, Elite i20. The reason behind the slight low sales of Creta could be the anticipation behind the upcoming Creta Facelift, which is expected to bring a lot of segment best and first features. .
Yearly Car Model Sales:
| Model | November 2023 | November 2022 | Difference | YoY |
|---|---|---|---|---|
| Creta | 11,814 | 13,321 | -1507 | -11% |
| Venue | 11,180 | 10,738 | 442 | +4% |
| Exter | 8,325 | 0 | - | - |
| i20 Elite | 5,727 | 7,236 | -1509 | -21% |
MONTH ON MONTH SALES
Hyundai has surely proved its stand in the domestic automobile market in India with its consecutive monthly growth. Compared to last month (October 2023), the total sale of Hyundai has dropped. However if we compare the year-on-year sales, Hyundai has shown effective growth indeed.
Monthly Car Model Sale:
| Model Name | October 2023 | November 2023 | Difference | MoM |
|---|---|---|---|---|
| Creta | 13,077 | 11,814 | -1263 | -10.14% |
| Venue | 11,581 | 11,180 | -401 | -3.52% |
| Exter | 8,097 | 8,325 | +228 | +2.7% |
| i20 Elite | 7,212 | 5,727 | -1485 | -22.9% |
MORE INSIGHT
Hyundai has progressed in its monthly car sales. The sale of the cars has increased up to 3% in November. Talking about the net sales of the month, Hyundai has scored 65801 units in November. In which, 16,350 units have been exported and 49,451 units have been sold in the domestic market.
Yearly Net Sales:
| Sales | November 2023 | November 2022 | Difference | Growth(%) |
|---|---|---|---|---|
| Exports | 16,350 | 16,001 | 349 | 2.18% |
| Domestic | 49,451 | 48,002 | 1,449 | 3.01% |
| Cumulative Sales | 65,801 | 64,003 | 1,798 | 2.80% |
As you can see, Hyundai has marked its growth by selling 1,539 more units to the Indian customers, if we compare the sales of the brand in November 2023 with November 2022. Moreover, with an increase of 349 export sales, Hyundai has increased its year of year sales with 2.18%.
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