Business

IIE Digital Desk : Hyundai Motor India registered a total sales of 50,077 units in July 2023, up 21.7 per cent from 41,022 units sold in the same month last year. The company's passenger vehicle sales stood at 49,636 units in July 2023, up 21.9 per cent from 41,226 units sold in June 2022. The SUV segment was the highest contributor to Hyundai's sales, with 23,033 units sold in July 2023. This was followed by the hatchback segment, which registered sales of 15,551 units.

The sub-compact SUV Venue was the highest-selling model for Hyundai in July 2023, with 11,552 units sold. The i20 hatchback was the second-best-selling model, with 9,350 units sold. The Verna sedan and the Tucson SUV also registered strong sales, with 8,621 units and 4,022 units sold, respectively. Hyundai's sales were supported by strong demand for its new products, such as the Venue facelift and the i20 N Line. The company also benefited from the ongoing festive season.

Hyundai's sales in July 2023 were strong, driven by strong demand for its new products and the ongoing festive season. The company's SUV segment was the highest contributor to sales, with the Venue being the highest-selling model. The i20 hatchback and the Verna sedan also registered strong sales. Hyundai's sales are expected to remain strong in the coming months, as the festive season continues and the company launches new products.