Hyundai Motor India Limited (HMIL) crossed the 50,000 sales mark in September 2023 to emerge ahead of Tata Motors.
Hyundai Exter has contributed immensely to the massive sales of the Korean auto giant. We are referring particularly to the Exter because it is the latest model in the portfolio of Hyundai in India. After the discontinuation of the iconic Santro, the Exter serves as the micro SUV that rivals the Tata Punch. That has resulted in huge sales in the very first month of its launch in our market. Going forward, things are looking positive. Let us take a look at the details here.
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Hyundai Exter Boosts Sales
As per the official data, Hyundai sold 54,241 cars in August 2023. This marks a significant 9.1% boost in sales compared to the same month last year. In September 2022, Hyundai managed to sell 49,700 cars. In fact, in August 2023, the Korean giant sold 53,830 cars. Therefore, it witnessed a 0.8% rise in sales on a month-on-month basis too. Among others, Exter has been a major new entrant this time around. In addition, there are cars like the Creta, Venue, i20, and Verna from where the major portion of sales is generated. With Hyundai receiving the full 5-star rating at the Global NCAP, there will be a surge in sales too. In comparison, Tata Motors sold 44,810 cars in September 2023.
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The Hyundai Exter provides customers with two engine choices – a 1.2-litre petrol engine and a 1.2-litre bi-fuel engine capable of running on both petrol and CNG. The petrol engine delivers a power output of 83 PS and torque of 113.8 Nm, while the bi-fuel engine offers slightly lower numbers, producing 69 PS of power and 95.2 Nm of torque. When it comes to transmission options, the petrol engine can be paired with either a 5-speed manual gearbox or an AMT gearbox, while the bi-fuel engine is exclusively available with a manual transmission. Impressively, the Exter achieves an impressive fuel efficiency rating of 19.2 km/l. Adding to its appeal, the Exter is competitively priced, with a range between Rs 6 lakh and Rs 10.10 lakh, ex-showroom.
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What We Think
We are thrilled about the growth of the Indian automobile industry. With the festive season arriving, there will be huge demand for new cars in our country. Every year, this window from September to December witnesses a huge rise in new car sales. This is especially true after the long issues of the industry regarding the semiconductor chip shortage. Finally, the production is in full swing and the carmakers are rejoicing in this atmosphere. Let us keep an eye out for the sales of Hyundai and Tata Motors which are competing for that second spot quite vehemently.