Hyundai Motor India reports YoY marginal growth in July to 50,701 units

BL New Delhi Bureau Updated - August 01, 2023 at 01:09 PM.
Hyundai logo | Photo Credit: Rick Wilking

Hyundai Motor India (HMIL), the largest exporter since inception, registered domestic sales of 50,701 units in July, a marginal growth as compared with 50,500 units in corresponding month last year.

“July 2023 marks a significant milestone in Hyundai Motor India’s journey. Our domestic July sales volume of 50,000 plus units is backed by a strong SUV portfolio...With the semiconductor supply issues more or less behind us, we are all geared up for the upcoming festive season in India, starting with Onam in Kerala,” Tarun Garg, Chief Operating Officer, HMIL, said.

Also read: Hyundai Motor India expects 60% sales to come from SUVs this year

The company also reported exports of 16,000 units during the month, a jump of 20 per cent YoY as compared with 13,351 units in July 2022.

Published on August 1, 2023 07:37

This is a Premium article available exclusively to our subscribers.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.

Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

You have reached your free article limit.
Subscribe now to and get well-researched and unbiased insights on the Stock market, Economy, Commodities and more...

TheHindu Businessline operates by its editorial values to provide you quality journalism.

This is your last free article.