HMIL Registers Total Sales of 63,551 units in May 2024
1 Domestic sales of 49,151 units and Exports of 14,400 units
2 Exports achieved a robust growth of 31% in May 2024.
3 Rural sales accounted for 20.1% of domestic sales in May.
4 SUVs continued to be a solid growth driver, accounting for 67% of HMIL domestic sales.
Pune: Hyundai Motor India Ltd. (HMIL), registered total sales of 63,551 units (Domestic 49,151 units and Exports 14,400 units) in May 2024. This is an increase of 6.63% compared to total sales in May 2023.
Commenting on May 2024 sales, Mr. Tarun Garg, COO, Hyundai Motor India Ltd. said, “We have maintained a healthy total sales volume in May 2024, despite a week-long routine bi-annual maintenance shutdown at our Sriperumbudur factory. SUVs continue to be a growth driver for HMIL, accounting for more than 67% of domestic sales last month. Our rural penetration stood at a healthy 20.1% in May.”
HMIL Sales | May2024 | May2023 | %Growth | YTD(Jan–May 2024) | YTD(Jan–May 2023) | %Growth |
Domestic | 49,151 | 48,601 | 1.13% | 2,59,669 | 2,46,009 | 5.55% |
Exports | 14,400 | 11,000 | 31% | 61,300 | 53,420 | 15% |
Total | 63,551 | 59,601 | 6.63% | 3,20,969 | 2,99,429 | 7.2% |