After a promising January 2021, Hyundai Motor India Ltd. (HMIL) has recorded an even better February. With a cumulative sales of 61,800 units, it grew by 26.4 per cent compared to the 48,910 sales over the same month last year. Exports, which stood at 8,900 units in February 2020, witnessed a growth of 14.6 per cent and closed the shortest month of the calendar year at 10,200. In the domestic market, HMIL sold 51,600 units last month. That’s 29 per cent more than the 40,010 figure from February last year.
Here’s what Tarun Garg, who is the director of sales, marketing and service at HMIL, said about the company’s performance:
Hyundai Motor India has been consistently striving to drive a resurgence in sales, thereby contributing towards economic recovery and bringing the industry closer to pre-Covid level sales. With a cumulative sales of 61 800 units in February 2021, Hyundai has recorded growth across segments. Super Performer brands such as the Ultimate SUV – Creta, Venue, Spirited New Verna, Nios and India’s most awarded premium hatchback of 2021, the recently crowned Indian Car of the Year 2021 (ICOTY) – the all-new i20, have once again showcased Hyundai Brand Supremacy by redefining benchmarks in their respective segments.
He further added:
Both domestic and export demand have recorded healthy double-digit growth in February 2021, reflecting an all-round improvement in buyer sentiment. Our most valued customers continue to make the smartest choice, opting for the smartest mobility solutions and as always we are thankful for their continuous support & trust.
In 2021, one of the most critical product introductions for HMIL will be the Alcazar. The seven-seat SUV will occupy a space above the Creta in the company’s portfolio. That means it will compete against the MG Hector Plus, Tata Safari and the Mahindra XUV500. Are you looking forward to that? Or, perhaps, you’re waiting for Hyundai’s N brand to land in India. Do let us know in the comments below.