Hyundai Witnesses Slight Dip In Car Sales For February 2025
Hyundai's car sales dipped in February 2025, with 58,727 units sold, marking a 2.93% decrease from February 2024. Domestic sales fell by 4.92% to 47,727 units, while exports rose by 6.79% to 11,000 units. This continues a trend of declining sales for Hyundai, following a similar dip in January.
Hyundai Witnesses Slight Dip In Car Sales For February 2025
South Korean automaker Hyundai has shared the car sales data for February 2025. In February 2025 Hyundai managed to sell over fifty eight thousand units of passenger vehicles. This sales figure indicates a fall in monthly sales in comparison to the car sales of February 2024. Also this isn’t the first month where Hyundai has experienced a slowdown in sales, last month also the company had reported a decline in monthly passenger vehicle sales.
The data shared by Hyundai reveals that the company managed to sell a total of 58,727 units of passenger vehicles (including PVs sold domestically plus exports from India). This sales figure represents a fall in year-on-year total monthly passenger vehicle sales by 1,774 units which further translates into a 2.93 percent decline in year-on-year total monthly passenger vehicle sales. In February 2024 Hyundai posted a total passenger vehicle sales of 60,501 units.
In February 2025 Hyundai managed to sell 47,727 units of passenger vehicles domestically in the Indian market. This sales figure represents a year-on-year decline in monthly domestic passenger vehicles sales by 2,484 units which further translates into a 4.92 percent decline in year-on-year monthly domestic passenger vehicle sales. In February 2024 Hyundai posted a domestic passenger vehicle sales of 50,201 units.
In February 2025 Hyundai exported 11,000 units of passenger vehicles from India. This represents a year-on-year increase in monthly passenger vehicle exports by 700 units which further translates into a 6.79 percent year-on-year increase in monthly passenger vehicle exports. In February 2024 Hyundai exported 10,300 units of passenger vehicles.
Tarun Garg, Whole-time Director and Chief Operating Officer, Hyundai Motor India Limited said, “With a 6.8% YoY growth in export sales in February 2025, we are witnessing increasing global demand for our Made-in-India products, reflecting Hyundai’s strong acceptance worldwide. By optimizing exports, we will continue to reinforce HMIL’s position as a key export hub for Hyundai Motor Company. On the Domestic Sales front, despite geopolitical challenges, we remain optimistic that the proposed tax reforms in the Union Budget 2025 and improved liquidity will provide the much-needed demand boost to the market.”
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