Did Hyundai Motor India Experience a Sales Decline in August?
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Synopsis
Hyundai Motor India Limited has reported a notable decline in sales for August, with domestic figures dropping significantly. However, exports saw a remarkable increase. This article delves into the reasons behind these changes and the company's commitment to the 'Make in India' initiative.
Key Takeaways
- Sales decline: Hyundai's total sales fell by 4.23% in August.
- Domestic performance: Domestic sales dropped to 44,001 units.
- Export growth: Exports increased by 21% year-on-year.
- Global strategy: Hyundai aims to establish India as a strategic manufacturing base.
- Commitment: The company remains dedicated to supporting 'Make in India' and 'Atmanirbhar Bharat' initiatives.
New Delhi, Sep 1 (NationPress) Hyundai Motor India Limited (HMIL) disclosed a 4.23 percent decrease in overall sales for August on Monday.
During this month, the company recorded sales of 60,501 units, down from 63,175 units in the same month last year.
In terms of domestic sales, HMIL reported 44,001 units sold in August, a decline from 49,525 units a year prior.
On a positive note, exports surged significantly to 16,500 units, up from 13,650 units in August 2024, representing a remarkable 21 percent year-on-year increase.
Tarun Garg, Whole-time Director and Chief Operating Officer of HMIL, commented on the results, stating that the company aims to establish India as a pivotal manufacturing hub for emerging markets and Hyundai's largest export center outside South Korea.
“This ambition is gaining substantial momentum month after month. Our exports have risen by an impressive 21 percent year-on-year in August 2025,” Garg remarked.
From January to August 2025, HMIL has successfully exported 118,840 units, thereby reinforcing India’s position as a global manufacturing center for Hyundai.
Garg emphasized that Hyundai is committed to the 'Make in India' initiative and consistently delivers exceptional products designed for both domestic and international markets.
“Transcending geographical limits, we at Hyundai Motor India take great pride in 'Make in India' and continue to produce world-class, value-driven products tailored for the global market,” Garg noted.
He further explained that the company’s approach, which combines advanced manufacturing techniques with India’s talented workforce, has bolstered the government’s 'Atmanirbhar Bharat' initiative and enhanced Hyundai’s status as a significant global player in the automotive sector.
“By merging world-class manufacturing methods with the highly skilled Indian workforce, we remain crucial in supporting the Government of India’s 'Atmanirbhar Bharat' initiative,” he added.
In a related update, Hyundai Motor announced on Sunday that sales of its revamped Nexo hydrogen-powered SUV have approached 7,000 units since its launch in June, significantly surpassing its predecessor.
Point of View
Hyundai Motor India's sales dip is concerning, but the growth in exports highlights the company's robust strategy for global engagement. The commitment to 'Make in India' positions them well in the competitive automotive market.
NationPress
21/10/2025
Frequently Asked Questions
What caused Hyundai's sales decline in August?
The sales decline can be attributed to lower domestic demand, as indicated by the drop in units sold compared to the previous year.
How did exports perform for Hyundai in August?
Hyundai experienced a significant increase in exports, with a 21 percent year-on-year growth, indicating a strong global demand for their vehicles.
What is Hyundai's strategy in India?
Hyundai aims to establish India as a key manufacturing hub and its largest export base outside South Korea, focusing on advanced manufacturing technologies and skilled workforce.
How many units did Hyundai export from January to August 2025?
Hyundai has exported a total of 118,840 units during this period, reinforcing India's role in their global manufacturing strategy.
What initiatives does Hyundai support?
Hyundai supports the 'Make in India' initiative and the government's 'Atmanirbhar Bharat' mission, emphasizing local manufacturing and skilled workforce integration.
