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The devastating effects of the Kovid-19 epidemic are still lingering in the Indian auto industry, and the lack of a global chip remains a major concern for the industry. In December 2021 Vehicle sales While sales of most companies have increased, sales of well-known brands like Maruti Suzuki and Hyundai, the country’s largest automaker, have declined. Tata Motors’ sales have increased by 50 per cent, making it the second-largest seller after Tata Hyundai.
Hyundai India sold 32,312 units in December 2021, a sharp decline of 31.83 per cent year-on-year. Compared to Hyundai cars sold in November 2021, it has declined by 12.67 per cent month-on-month. In terms of full-year sales, the company sold more than 5 lakh cars last year, a growth of 19.21 per cent in the domestic market. Including exports, Hyundai has sold a total of 6.35 lakh vehicles in 2021. Sales of Hyundai Alcazar, Centro, Accent and Verna are not giving much profit to the company.
Hyundai India had a strong performance in early 2021 where the company managed to sell 50,000 cars per month, but the end of the year was sluggish and Hyundai managed to sell a total of 35,000 cars per month last month. Tata Motors has overtaken Hyundai in terms of December 2021 sales. Undoubtedly, Maruti Suzuki’s cars sold the most, but the company has seen a decline. Hyundai India’s best-selling cars include the Creta, Venue, i10 Nios and i20.
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