January 2024 Hyundai Car Sales Analysis - YoY, MoM Change, 6-Month Trend | V3Cars

January 2024 - Hyundai Car Sales Figures - YoY Change

• Top Gainers:

  • Venue: The Venue SUV performed well, showing a YoY growth of 10.18%, with sales rising from 10,738 units in January 2023 to 11,831 units in January 2024.
  • Verna: The Verna sedan experienced significant growth, with sales climbing by an impressive 118.29%, from 995 units to 2,172 units.
  • Alcazar: The Alcazar SUV also saw notable growth, with sales increasing by 18.87%, from 1,537 units to 1,827 units.

• Top Losers:

  • Grand i10 Nios: The Grand i10 Nios hatchback faced a decline, with sales dropping by 21.63%, from 8,760 units to 6,865 units.
  • i20: The i20 hatchback also experienced a decline, with sales decreasing by 13.46%, from 8,185 units to 7,083 units.
  • Creta: The Creta SUV witnessed a moderate decline, with sales decreasing by 12.14%, from 15,037 units to 13,212 units.

• Other Observations:

  • Exter is a new model introduced in January 2024, falling under the SUV segment.
  • The Xcent + Aura sedan showed positive growth, with sales rising by 19.03%.
  • The Tucson and Kona SUVs had minor changes, with sales increasing by 1.67% and 155%, respectively.
  • The Ioniq 5, a hatchback model, was introduced in January 2024.

In summary, Hyundai’s Venue, Verna, and Alcazar emerged as the top gainers, while the Grand i10 Nios, i20, and Creta faced declines.

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January 2024 - Hyundai Car Sales Figures - MoM Change

• Top Gainers:

  • i20: The i20 hatchback exhibited remarkable growth, with sales increasing by 54.85%, from 4,574 units in December 2023 to 7,083 units in January 2024.
  • Xcent + Aura: The Xcent and Aura sedan models showed strong performance, with sales rising by 44.7%, from 3,812 units to 5,516 units.
  • Verna: The Verna sedan experienced significant growth, with sales climbing by an impressive 205.06%, from 712 units to 2,172 units.

• Top Losers:

  • Tucson: The Tucson SUV faced a decline, with sales dropping by 12.44%, from 209 units to 183 units.
  • Venue: The Venue SUV also saw a minor decline, with sales decreasing by 13.95%, from 10,383 units to 11,831 units.
  • Grand i10 Nios: The Grand i10 Nios hatchback had a moderate decline, with sales dropping by 30.84%, from 5,247 units to 6,865 units.

• Other Observations:

  • The Creta SUV remained strong, with sales of 13,212 units, showing a robust MoM growth of 42.94%.
  • The Alcazar SUV continued to gain traction, with sales increasing by 91.51%, from 954 units to 1,827 units.
  • The Kona SUV witnessed substantial growth, with sales surging by 436.84%, from 19 units to 102 units.

In summary, Hyundai’s i20, Xcent + Aura, and Verna emerged as the top gainers, while the Tucson, Venue, and Grand i10 Nios faced declines.

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Hyundai — 6-Month Sales Trend (Aug 2023 - Jan 2024)

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