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69 Percent Cars Sold by Hyundai in FY 24-25 Were SUVs, Creta Remains a Major Driving Factor: Report
Hyundai's FY24-25 annual report highlights a significant shift toward SUVs in India, which accounted for around 69% of its domestic sales. The Creta model remains a standout, with over 30% market share and contributing to over 2.5 million SUV sales overall. The company plans to enhance its electric vehicle (EV) offerings, particularly with the upcoming Creta Electric in 2025. Hyundai aims to expand its Chennai facility for EV production and explore innovative vehicle leasing options to meet evolving consumer mobility needs.
Saptak Bardhan
Updated Aug 6, 2025, 01:57 PM IST
69 Percent Cars Sold by Hyundai in FY 24-25 Were SUVs, Creta Remains a Major Driving Factor: Report
South Korean automaker, Hyundai on Wednesday released its annual report of FY24-25 in India. The company stated that it has witnessed a shift in consumer behaviour with SUVs contributing highest in its domestic sales figures. The SUVs including Creta, Venue, Alcazar, Tucson, Exter, Creta N-Line, Creta Electric and IONIQ 5 contributed approximately 69% of its total domestic sales.
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Additionally, Hyundai claims that it has maintained a healthy double-digit market share in the Indian auto market. Creta has been one of its best sellers in the Indian market securing over a 30% market share in India. In addition to that, Hyundai surpassed the milestone of 2.5 million SUV sales and 1.5 million Creta sales cumulatively since inception including domestic sales and exports. Moreover, the Creta recently completed a decade in India.
The introduction of Creta Electric in 2025 at the Bharat Mobility Global Expo has contributed in helping the company grow its EV volumes multifold and contribute to overall sales seeing a raise, as per the company.
The future plans of the company include capacity expansion considering evolving market requirements through capital deployment. The company further added that its vision is to develop the Chennai manufacturing facility into a central hub for EV and SUV production.
“We aim to strengthen our SUV portfolio and expand mid-to-premium offerings across other segments with targeted product introductions across diverse price points and powertrains. Additionally, we are evaluating vehicle leasing and alternate ownership models to meet emerging mobility needs, including last-mile connectivity, and to drive deeper market engagement,” the report stated.
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