Hyundai Motor India YoY Sales Drops 3% at 64,563 Units in July 2024

In July 2024, Hyundai Motor India Limited (HMIL) recorded total sales of 64,563 units, of which 15,550 were exported and 49,013 were sold domestically. This represents a 3.2% year-on-year (YoY) dip. According to a statement from the company, the carmaker sold a total of 66,701 units in July last year. Moreover, the domestic dispatch of cars to dealers fell 3.3% to 49,013 units in July 2024, from 50,701 units the previous year. Exports saw a 2.81% YoY decline to 15,550 units, indicating similar challenges. Meanwhile, the South Korean carmaker's total sales stood at over 4.50 lakh units from January to July this year, representing a 4.31% year-over-year increase.

Commenting on the latest sales performance, Tarun Garg, Whole-time Director, and Chief Operating Officer of HMIL said, 'We have posted an overall sales growth of 4.31% year-on-year in the period of January to July 2024. SUVs continue to demonstrate a robust contribution, accounting for 66.6% of total HMIL domestic sales. The new Hyundai CRETA achieved key milestones of 1 Lakh unit sales till July 2024, while also achieving the highest ever monthly domestic sales of 17,350 units in July 2024.'

Also Read: New Hyundai Creta Crosses 1 Lakh Unit Sales Milestone Within 6 Months of Launch

Hyundai Creta Remains the Major Contributor

The SUV segment has been a major component of HMIL's domestic market; in 2024, they accounted for 66.6% of all domestic sales. The new Hyundai Creta, which went on sale in January and sold 1 lakh units by July 2024, is a major contributor to this feat. Furthermore, with 17,350 units sold last month, the SUV achieved its highest-ever monthly domestic sales figure.

The Creta has a range of engine options: a 1.5-litre normally aspirated (NA) petrol engine, a 1.5-litre diesel engine, and a new 1.5-litre turbo-petrol engine. The first two units, which produce 250Nm/114bhp and 144Nm/113bhp, respectively, were updated to meet the stricter BS6 Phase II emission norms. The new turbo GDi petrol engine, on the other hand, delivers 158bhp and 253Nm of peak torque. There are four gearbox options: a six-speed manual, an IVT, a traditional seven-speed DCT, and a six-speed automatic.

Also Read: Hyundai Genesis GV80 Coupe SUV Design Patent Trademarked in India, Check Details Here

Twin-cylinder Exter CNG Launched

Hyundai has launched the Exter Hy-CNG Duo in India. The model, which starts at Rs 8.50 lakh (ex-showroom), comes equipped with twin-cylinder CNG technology. This tech uses two smaller CNG cylinders with a total capacity of 60 litres, resulting in more boot room than standard CNG cars with a single-cylinder setup. Previously, Hyundai's Exter CNG model only had a single cylinder. The Hy-CNG Duo comes in three variants – S, SX, and SX Knight Edition. 

The car is powered by a 1.2-litre Bi-Fuel (Petrol with CNG) engine mated to a five-speed manual transmission. The twin-cylinder tanks have an integrated electronic control unit (ECU), allowing a seamless transition from petrol to CNG or vice versa. In CNG mode, the Exter puts out 68bhp of maximum power and 95.2Nm of peak torque, while the ARAI-certified fuel efficiency is rated at 27.1km/kg. Hyundai's factory-installed CNG kit comes with a 3-year warranty.