Hyundai Motor India Reports Record Sales for Third Consecutive Year

Hyundai Motor India achieves record 6,05,433 domestic sales in 2024, led by CRETA's 1,86,919 units. SUVs contribute 67.6%, marking a milestone in sustainability and innovation.

New Delhi – Hyundai Motor India Limited (HMIL) has achieved a significant milestone, posting its highest annual domestic sales ever in 2024 with 605,433 units sold. This marks the third consecutive year of record-breaking domestic sales for the automaker. Including exports, HMIL’s total sales for the year reached 764,119 units.

Key Highlights of 2024

SUV Dominance: SUVs continued to drive HMIL’s success, contributing a record 67.6% to domestic sales. The Hyundai CRETA emerged as a top performer, achieving its highest annual sales with 186,919 units sold domestically.
CNG Growth: HMIL’s innovative Hy-CNG Duo technology gained strong customer traction. CNG vehicles accounted for 13.1% of domestic sales, up from 10.4% in 2023, marking the highest yearly CNG contribution in the company’s history.
Export Excellence: HMIL exported 158,686 units in 2024, solidifying India’s position as a key export hub for Hyundai vehicles worldwide.

December 2024 Sales

In December 2024, HMIL reported total sales of 55,078 units, with domestic sales at 42,208 units and exports at 12,870 units.

Leadership Perspective

Mr. Tarun Garg, Whole-Time Director and Chief Operating Officer, HMIL, stated: “Despite industry challenges, HMIL maintained strong sales momentum in 2024. Achieving record domestic sales for three consecutive years reflects the trust our customers have in the Hyundai brand. The CRETA’s exceptional performance continues to solidify our SUV leadership. With the upcoming launch of the CRETA Electric, we aim to further expand our appeal in the EV market.”

Outlook for 2025

As HMIL prepares to launch the highly anticipated Hyundai CRETA Electric, the company is poised to set new standards in sustainability and innovation, further strengthening its position in India’s automotive market.