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Hyundai Motor India on Monday said the share of car sales with connected features has risen to over 25 per cent in 2024 against around 5 per cent in 2019. The company said it has sold over 6.75 lakh cars with connected features in the country since 2019. The company noted that the contribution of connected cars in its retail sales grew to 25.7 per cent last year compared with 4.7 per cent in 2019. Currently, the automaker offers connected car features in 12 of the 14 models it sells in India. "Today, connected cars drive a significant part of Hyundai's overall sales in India, surpassing half a million sales milestone. With the ever-increasing number of tech-savvy, convenience-seeking, and young car buyers, I am confident that the demand for connected car tech will rise rapidly in the coming years," Hyundai Motor India Function Head - Corporate Planning Jae Wan Ryu said in a statement. The company had introduced connectivity with the Hyundai Venue in 2019 offering 35 telematics ...
Automobile major Hyundai Motor India has rolled out two new variants on its popular entry level sports utility vehicle EXTER, the company said on Friday. The S(O)+ variant, equipped with manual transmission is priced at Rs 7,86,300 (ex-showroom) while S+ variant is an automated manual transmission (AMT) offered at Rs 8,43,900 (ex-showroom). Some of the key features of the newly added variants include smart electric sunroof, digital cluster with Colour TFT multi-information display, an 8" touchscreen infotainment system with Android Auto and Apple CarPlay, rear air-conditioner vents among others. In a company statement, Hyundai said the new EXTER variants come with six air bags, 3-point seatbelts for all seats, tyre-pressure monitoring system, Electronic Stability control among others. Hyundai Motor India, in August, reported a 12 per cent year-on-year decline in its sales to 63,175 units as compared to 71,435 units sold in the same month of last year.
Hyundai Motor India on Wednesday said its wholesales rose by 9.5 per cent year-on-year to 63,701 units in April. The automaker had dispatched 58,201 units in the same month last year. Domestic wholesales saw an increase of 1 per cent to 50,201 units last month from 49,701 units in the year-ago period. Exports rose by 59 per cent to 13,500 units in April this year as against 8,500 units in April 2023. In April, the company achieved a fourth consecutive month of 50,000-plus domestic sales this year, Hyundai Motor India COO Tarun Garg said. Driven by models like Creta, Venue and Exter, SUVs continued to be a growth driver contributing 67 per cent of automaker's domestic sales, he added.
Hyundai Motor India expects sales contribution from rural areas to remain at record levels in the current fiscal as well on account of various factors including anticipation of a favourable monsoon, according to a senior company executive. The country's second-largest automaker, which sells models like Creta and Venue, reported 11 per cent growth in rural areas last fiscal as compared to 4 per cent in urban centres. "We are confident that the contribution from rural markets to our total sales will grow further to around 20 per cent this financial year," Hyundai Motor India COO Tarun Garg told PTI. The automaker plans to further expand its presence in smaller towns as it firmly believes that for the nation to prosper, both rural and urban regions must progress in tandem, he added. Garg noted that rural sales accounted for an all-time high of 19 per cent of the company's total sales in FY23. Hyundai Motor India registered its highest ever total sales of 7,77 876 units in 2023-24 wit
India can become the biggest market for South Korean auto major Hyundai globally in the near future with demand for automobiles expected to remain strong, Hyundai Motor India Ltd (HMIL) MD and CEO Unsoo Kim said on Friday. HMIL accounts for 18.6 per cent (in the January-September period) of the South Korean automaker's global volumes. It expects to breach the 20 per cent mark in the next 2-3 years. It is in the third position after the US and South Korean markets. "We are currently number three after the US and Korea and we aim to be number one in the near future," Kim told reporters here. HMIL's contribution to Hyundai global sales stood at 15.6 per cent in 2019. Elaborating on the domestic market, the automaker noted that it expects to close the current year with 6 lakh units, its highest ever yearly sales volume in the country so far beating the previous best of 5.5 lakh units posted last year. The company is also looking at ending 2023 with its highest-ever total annual sales