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Hyundai achieves its highest-ever domestic sales in 2023

by Blitz India Media
January 2, 2024
in News
Hyundai
Team Blitz India

NEW DELHI: Hyundai Motor India Ltd (HMIL) achieved its highest-ever domestic sales in 2023, crossing the six-lakh milestone with 6,02,111 units sold. While the 9 per cent year-on-year growth is impressive, the story behind the numbers reveals a deeper shift in Hyundai’s India strategy, one focused on safety, inclusivity, and an evolving customer preference, the company announced on January 1, 2024.

Commenting on this record-breaking achievement, Tarun Garg, COO, HMIL, said, “In the momentous year of 2023, Hyundai Motor India witnessed a watershed moment by achieving its highest-ever domestic sales of 6,02,111 units, achieving a respectable 9 per cent growth over LY sales volume.

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“HMIL has not just kept pace but surpassed industry growth (estimated at around 8.2 per cent), a testament to customers choosing the brand Hyundai as their preferred mobility brand. Also, in 2023, we proactively expanded our annual production capacity by 50,000 units to meet the increasing demand from our customers.”

Tags: HMILHyundaiTarun Garg
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