Hyundai expects sales of its diesel vehicles to fall to 30-35% in 2024

India UPS Manufacturing Hyundai wellness fall

16.01.2024 - 19:37

Reading now: 550

livemint.com:

₹11 lakh, all the way up to ₹20 lakh ex-showroom. Garg expects the SUV to consolidate its leadership in the segment, as well as its contributions to the carmaker’s total sales in 2024, even as competition from manufacturers grows.

The Creta sold 40,000 units when it was launched in 2015, and has sold a cumulative 980,000 units so far, making it the first SUV in its segment to touch the 1-million unit mark. The SUV has been a very successful product for Hyundai in India, accounting for more than a quarter of its sales.

“One thing which has been consistent is the segment leadership all across with the Creta. Today, the Creta is contributing 26.1% to my volumes in 2023 when it was at the end of its lifecycle.

In 2015 it contributed 8.6% to my volume. Every year the Creta’s contribution to my sales have increased," Garg said.Milestone Alert!
Livemint tops charts as the fastest growing news website in the world

. Read more on livemint.com

All news from livemint.com

About this in other media

Budget 2024 Expectations: Streamlining TCS to GST credit —here's what travel & tourism sector expects this year livemint.com /9 months ago

Budget 2024: Healthcare industry expects more funds for R&D, innovation in pharma, and public-private collaboration livemint.com /9 months ago

Budget 2024 expectation: From Intellectual Property laws to startup relaxations; here's what gaming industry expects livemint.com /9 months ago

The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.