Hyundai Motor India (HMIL), the Indian subsidiary of the South Korean automaker, has reported impressive sales figures for March 2025 and the fiscal year 2024-25, solidifying its position as the second-largest passenger vehicle manufacturer in India.

March 2025 Performance

Hyundai Motor announced total sales of 67,320 units in March 2025, marking a significant increase from 58,727 units in the same period last year. This figure not only surpassed the estimated sales of 57,600 units but also represented a growth of 14.63% compared to the previous year. The March 2025 sales breakdown is as follows:

Fiscal Year 2024-25 Highlights

For the fiscal year 2024-25, HMIL recorded total sales of 762,052 units, with the following breakdown:

This performance has helped Hyundai maintain its position as the second-largest passenger vehicle OEM in India and the country's largest exporter of passenger vehicles cumulatively.

SUV Dominance

Hyundai's SUV lineup has been a significant contributor to its success:

• SUVs accounted for 68.5% of HMIL's domestic sales in FY 2024-25.
• The company surpassed the milestone of 2.5 million SUV sales cumulatively since inception (domestic + exports).
• Hyundai CRETA emerged as India's No. 1 SUV in the Jan-Mar quarter of FY 2024-25, with 52,898 units sold.
• CRETA sales crossed the 1.5 million mark cumulatively since its launch (domestic + exports).

New Product Launches

During the fiscal year, Hyundai strengthened its product portfolio with key launches:

• Hyundai CRETA Electric: The company's first indigenous electric vehicle
• Bold new Hyundai ALCAZAR: An update to its popular SUV model

Management Commentary

Mr. Tarun Garg, Whole-time Director and Chief Operating Officer of HMIL, commented on the sales performance: "Solidifying our position further in India, HMIL continued its reign as the second largest passenger vehicle OEM in FY 24-25, thanks to the unparalleled trust of our customers in brand Hyundai. Our versatile SUV line-up grew stronger this financial year with the launch of the Hyundai CRETA Electric - our first indigenous EV and also the bold new Hyundai ALCAZAR."

Hyundai's strong performance in both domestic and export markets underscores its robust product strategy and manufacturing capabilities. As the automobile sector continues to evolve, Hyundai's focus on SUVs and the introduction of electric vehicles position it well for future growth in the Indian market.

Hyundai Motor India (HMIL) has reported impressive sales figures for March 2025, showcasing the company's robust performance in the Indian automotive market. The company's latest financial disclosures and sales data paint a picture of strong growth and market leadership.

March Sales Exceed Expectations

Hyundai Motor's total sales for March 2025 reached 67,320 units, marking a substantial increase from 58,727 units in the same period last year. This performance represents a year-on-year growth of 14.60% and exceeded market expectations, which were estimated at 57,600 units. The company's domestic sales stood at 51,820 units, while exports accounted for 15,500 units.

FY 2024-25 Performance Highlights

• Total Sales: HMIL recorded total sales of 762,052 units in FY 2024-25.
• Domestic Sales: The company achieved domestic sales of 598,666 units.
• Exports: HMIL exported 163,386 units, reinforcing its position as India's largest exporter of passenger vehicles cumulatively.

SUV Dominance and Milestones

Hyundai's SUV lineup has been a significant contributor to its success:

• SUVs accounted for 68.50% of HMIL's domestic sales in FY 2024-25.
• The company surpassed the milestone of 2.5 million SUV sales cumulatively since inception (domestic + exports).
• Hyundai CRETA emerged as India's No. 1 SUV in the Jan-Mar quarter of FY 2024-25, with 52,898 units sold.
• HMIL achieved the remarkable feat of 1.5 million CRETA sales cumulatively since its launch.

Market Position and Product Strategy

Mr. Tarun Garg, Whole-time Director and Chief Operating Officer of HMIL, commented on the company's performance: "Solidifying our position further in India, HMIL continued its reign as the second largest passenger vehicle OEM in FY 2024-25, thanks to the unparalleled trust of our customers in brand Hyundai."

The company's product strategy has been pivotal in maintaining its market position:

• Launch of Hyundai CRETA Electric, the company's first indigenous EV
• Introduction of the bold new Hyundai ALCAZAR
• Continued popularity of the new Hyundai CRETA

Hyundai's strong performance in March and throughout FY 2024-25 underscores its resilience and adaptability in the competitive Indian automotive market. With a focus on SUVs and electric vehicles, the company appears well-positioned to maintain its strong market presence in the coming years.