Hyundai Motor Shares in Focus: Achieved Highest Ever Domestic Sales in CY2024

On January 1, 2025, Hyundai Motor India Limited (HMIL) released its sales numbers for December 2024. The company recorded its highest-ever domestic sales of 6,05,433 units in CY 2024. The company recorded a total of 7,64,119 units in sales (Domestic + Export) for the year. In December 2024, HMIL’s total monthly sales reached 55,078 units, with 42,208 units sold domestically and 12,870 units exported.

Highest Ever Domestic Sale

The company also reached a record 67.6% contribution from domestic SUVs for the year. The Hyundai Creta marked its highest-ever domestic sales, with 1,86,919 units sold. Additionally, HMIL achieved its highest-ever CNG contribution to domestic sales, accounting for 13.1% in CY 2024. HMIL further reinforced its position as a global export hub for Hyundai by exporting 158,686 units in CY 2024.

Leadership Comments

Commenting on HMIL sales, Mr Tarun Garg, Whole-time Director and Chief Operating Officer, of Hyundai Motor India Limited said, “HMIL has managed to sustain sales momentum in 2024, despite strong headwinds faced by the industry at large. Achieving the highest ever domestic sales three years in a row reflects customers’ preference for the brand Hyundai as their trusted smart mobility solutions provider. The introduction of the innovative Hy-CNG Duo technology in 2024 resonated well with buyers, translating to the highest-ever CNG contribution of 13.1% to HMIL’s domestic sales in CY 2024, against 10.4% in CY 2023.

By achieving the highest-ever yearly domestic sales of 1,86,919 Lakh units, Hyundai CRETA continued to strengthen HMIL’s position as an SUV leader, helping HMIL accomplish the highest-ever domestic SUV contribution of 67.6% in CY 2024. We are confident that the upcoming CRETA Electric will further expand the appeal of this Undisputed, Ultimate SUV.”

On January 1, 2025, Hyundai Motor shares opened at ₹1,790.05 and touched the day low of ₹1,790.05 at 1:10 PM

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