Hyundai Motor India, the South Korean carmaker’s Indian unit, has released its performance report for the month of November 2016. In a month where the demonetisation effect impacted the auto industry in a bad way, Hyundai has also recorded a hit, although it did record a strong increase in its sales for the rest of the year. Hyundai reported a 4.4% increase in its total vehicle sales from January through to November. In November alone, the company registered total sales of 57,093 units, of which 40,016 were domestic sales. Over the 11 months of this year, Hyundai recorded 604,891 units sold.
Despite the decent growth numbers seen for the rest of the year, Hyundai did see a drop in its domestic sales for November. Specifically, sales dropped from 43,651 in November 2015. That is an around 8% decline for the automaker. Still, the results were evened out by an increase of nearly equal volume in Hyundai’s exports for the month. The company recorded an increase in imports from 14,008 in November 2015 to 17,077 in November 2016, which translates to an around 21% rise. In total, Hyundai reported a slight decline of 0.98% in its cumulative sales over the month, dropping from 57,659 to 57,093. Also Read: New Hyundai Tucson All Wheel Drive to launch in May 2017
In all, Hyundai’s performance has been pretty decent and in line with what the Indian automotive industry as a whole has been experiencing, both the good and bad. It remains the second-largest carmaker in the country and largest exporter. Right now, it has ten car models on offer, including the Santa Fe and Tucson SUVs, Elantra, Xcent and Verna sedans, Creta compact SUV, and a long line of India’s favourite type of car, hatchbacks: the Hyundai Eon, Active and Elite i20 and the Grand i10.
Of this range, the Grand i10 is set for a change soon, with Hyundai Motor Company having unveiled the new 2017 facelift earlier in the year. The new Grand i10 has also been recently spotted in spy shots from Chennai. It is expected to be launched in early 2017 and will be based on the automaker’s new ‘Fluidic Sculpture 2.0’ design philosophy seen in nearly all new-generation Hyundai cars on Indian roads. The Grand i10 remains a bestseller for Hyundai, recording over 13,000 units sold each month. Also Read: Hyundai Grand i10 2017 spied testing in India