KEY HIGHLIGHTS
- Hyundai experienced a 1.64% increase in sales
- 35.93% growth in exports, with 13,600 units shipped in October 2023
- Demonstrating a remarkable 18.48% growth from the previous year
Hyundai India continues to demonstrate its strength and progress in the automotive industry as they recently disclosed their October 2023 sales figures. The data shows that Hyundai sold an additional 887 units, shedding light on both their domestic and international sales performance during the festive season. Read on for a detailed breakdown of these numbers below
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Hyundai India: Sales Performance In October 2023
Shifting our attention to month-to-month comparisons, the sales data indicates that Hyundai experienced a notable increase of 887 units in October 2023 when compared to September 2023, representing a growth of 1.64 per cent. This surge in sales during the festive season demonstrates Hyundai's ability to respond to customer demand and generate momentum.
Notably, Hyundai's export segment also displayed remarkable growth, with 13,600 units exported in October 2023. when compared to the same month in the previous year, October 2022, there was a substantial 35.93 per cent increase, with 10,005 units exported.
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The combined total of Hyundai's domestic and export sales, which amounted to 68,728 units in October 2023, reflects a remarkable growth of 18.48 per cent. In October 2022, HMIL had reported sales of 58,006 units. This exceptional growth underscores Hyundai's commitment to providing a wide range of vehicles with cutting-edge safety features, including the standard inclusion of six airbags. These safety measures are especially appealing to customers in search of reliable and secure options, further solidifying Hyundai's position in the market.
Verdict
Hyundai's October 2023 sales performance is undeniably impressive, especially considering the challenging market conditions. Their focus on safety and responsiveness to customer demand during the festive season showcases a commitment to excellence. With substantial growth in both domestic and export markets, Hyundai's future in the automotive industry appears promising and secure. Hyundai's diverse lineup boasts a variety of models, such as Exter, Aura, Grand i10 Nios, venue, Tucson, Alcazar, and many others. Also, join our Whatsapp Group Community of petrolheads to find out more exciting news like this.
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