In May 2024, Hyundai Motor India Ltd. (HMIL) recorded total sales of 63,551 units, comprising 49,151 units domestically and 14,400 units for export. This marks a 6.63% increase from May 2023’s total 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.”
