Hyundai cars sales October 2024 — Diwali was indeed happy for Hyundai
- 1Month-on-month increase stood at a respectable 9.2%
- 2SUVs contributed to 68.2% of total sales
- 3HMIL sold a total of 70,078 vehicles in October 2024
The festive season made October a month of celebration for carmakers and dealers as well, with most companies witnessing a rise in sales. Hyundai is one such brand that recorded an increase in domestic as well as international sales last month. Here’s a detailed report on Hyundai October 2024 sales analysis.
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Hyundai sales October 2024
Hyundai Motor India Limited Sales | October 2024 | September 2024 | Difference MoM |
Domestic | 55,568 | 51,101 | 4,467 |
Export | 14,510 | 13,100 | 1,410 |
Total | 70,078 | 64,201 | 5,877 |
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Hyundai Motor India Limited Sales | October 2024 | October 2023 | Difference YoY |
Domestic | 55,568 | 55,128 | 440 |
Export | 14,510 | 13,600 | 910 |
Total | 70,078 | 68,728 | 1,350 |
Please note that the sales numbers stated above reflect the number of units dispatched to dealers and they might vary from the actual number of units sold by dealerships.
MoM and YoY analysis
After going through months of falling sales, the festive season finally came to the rescue for the South Korean carmaker, with an increase in sales witnessed across markets and time periods. Month-on-month sales grew by 9.2% with a rise in both domestic and international sales. Year-on-year sales grew by 2% with both domestic sales as well as exports contributing to this rise.
SUV sales
SUVs continued to bring in the majority of sales for the brand, standing at 68.2% for the month of October 2024. Hyundai also recorded the highest-ever monthly sales of the Creta, with 17,497 units sold in the month. Similar trends were seen in the preceding months too.
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CNG sales
CNG-kitted cars were another major source of revenue for Hyundai, just like the month prior. The company recorded its highest-ever monthly CNG car sales, standing at a respectable 14.9% in the domestic market.