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

In this January 2024 Hyundai car sales analysis article, we’ll look at the car sales of Hyundai for the previous month. We’ll also compare the YoY and MoM change to find out which Hyundai cars’ sales improved and which ones declined. Lastly, the table with monthly sales for the last 6 months will give you an idea about the 6-month sales trend of all Hyundai cars.

Hyundai Car Sales Analysis

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.

Note: Instantly Sell Your Old Car With V3Cars Sell Used Car Platform

HYUNDAI CAR SALES - JANUARY 2024

YoY CHANGE

Rank

Model

Segment

Body-Type

Jan 2024

Jan 2023

Change

%Change

Trend

1

Creta

C1

SUV

13,212

15,037

-1,825

-12.14%

2

Venue

B2

SUV

11,831

10,738

1,093

10.18%

3

Exter

B2

SUV

8,229

-

-

-

-

4

i20

B2

Hatch

7,083

8,185

-1,102

-13.46%

5

Grand i10 Nios

B1

Hatch

6,865

8,760

-1,895

-21.63%

6

Xcent + Aura

B2

Sedan

5,516

4,634

882

19.03%

7

Verna

C2

Sedan

2,172

995

1,177

118.29%

8

Alcazar

C2

SUV

1,827

1,537

290

18.87%

9

Tucson

D1

SUV

183

180

3

1.67%

10

Kona

C1

SUV

102

40

62

155%

11

Ioniq 5

C2

Hatch

95

-

-

-

-

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.

Note: Check your Car EMI with our - Car Loan EMI Calculator

HYUNDAI CAR SALES - JANUARY 2024

MoM CHANGE

Rank

Model

Segment

Body-Type

Jan 2024

Dec 2023

Change

%Change

Trend

1

Creta

C1

SUV

13,212

9,243

3,969

42.94%

2

Venue

B2

SUV

11,831

10,383

1,448

13.95%

3

Exter

B2

SUV

8,229

7,516

713

9.49%

4

i20

B2

Hatch

7,083

4,574

2,509

54.85%

5

Grand i10 Nios

B1

Hatch

6,865

5,247

1,618

30.84%

6

Xcent + Aura

B2

Sedan

5,516

3,812

1,704

44.7%

7

Verna

C2

Sedan

2,172

712

1,460

205.06%

8

Alcazar

C2

SUV

1,827

954

873

91.51%

9

Tucson

D1

SUV

183

209

-26

-12.44%

10

Kona

C1

SUV

102

19

83

436.84%

11

Ioniq 5

C2

Hatch

95

81

14

17.28%

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

HYUNDAI CARS 6 MONTH SALES TREND

AUGUST 2023 - JANUARY 2024

Model

Segment

Body-Type

Aug 2023

Sep 2023

Oct 2023

Nov 2023

Dec 2023

Jan 2024

6 Month Avg

Creta

C1

SUV

13,832

12,717

13,077

11,814

9,243

13,212

12,316

Venue

B2

SUV

10,948

12,204

11,581

11,180

10,383

11,831

11,355

Exter

B2

SUV

7,430

8,647

8,097

8,325

7,516

8,229

8,041

i20

B2

Hatch

4,896

6,481

7,212

5,727

4,574

7,083

5,996

Grand i10 Nios

B1

Hatch

7,306

5,223

6,552

4,708

5,247

6,865

5,984

Xcent + Aura

B2

Sedan

4,892

3,900

4,096

3,850

3,812

5,516

4,344

Verna

C2

Sedan

2,576

2,610

2,313

1,701

712

2,172

2,014

Alcazar

C2

SUV

1,493

1,977

1,837

1,913

954

1,827

1,667

Tucson

D1

SUV

236

237

202

118

209

183

198

Ioniq 5

C2

Hatch

130

176

117

96

81

95

116

Kona

C1

SUV

91

69

44

19

19

102

57

Also read: Hyundai Aura Projector Headlamps & Parking Camera Review At Night | The Sensible Review

ABOUT THE AUTHOR

Prathu Sharma

Engineer by upbringing, artist by passion, motorhead because, why not! Likes to know about everything related to technology, switches between american muscle and german innovation depending on the day. Wants to own 69' Mustang Mach 1 and to drive BMW M3 87'someday.

0 Comments

Leave a Reply