Hyundai Motor India Limited (HMIL) reported November 2024 sales figures, highlighting strong domestic SUV performance and rural market penetration. The company sold a total of 61,252 units, comprising of 48,246 domestic and 13,006 export units. This success is attributed to the popularity of their SUVs and increased reach in rural areas, coupled with their Hy-CNG technology. HMIL also achieved a year-to-date sales total of 709,041 units from January to November 2024.The company’s year-to-date sales (January to November 2024) reached 709,041 units. SUVs accounted for a substantial 68.8% of domestic sales.
Rural sales
Rural sales reached a record high, contributing 22.1% of the total domestic sales in November 2024. Sales of CNG vehicles made up 14.4% of total sales during the same month. This growth is supported by HMIL’s Hy-CNG Duo technology.
“HMIL’s push towards fortifying SUV supremacy continued in November with SUVs contributing 68.8% of our total Domestic sales. We also bolstered HMIL’s presence in the hinterland of India, by achieving highest ever monthly rural contribution of 22.1% in November. Our innovative Hy-CNG technology continues to strengthen HMIL’s CNG sales, with a 14.4% contribution in November 2024,” stated Tarun GargWhole-time Director and Chief Operating Officer of HMIL.