In this July 2024 Hyundai car sales analysis, we’ll look at the car sales of Hyundai for the previous month. We’ll also compare the YoY and MoM change to find out which Hyundai cars’ sales improved and which ones declined. Lastly, the table with monthly sales for the last 6 months will give you an idea about the 6-month sales trend of all Hyundai cars.
July 2024 — Hyundai Car Sales Figures - YoY Change
The Creta continued its snowball effect in July 2024 with 16,293 dispatches. This car is doing incredibly well despite all other Hyundai cars reporting a negative YoY change.
Rank | Model | Body-Type | Jul 2024 | Jul 2023 | Change | %Change |
1 | Creta | SUV | 17,350 | 14,062 | 3,288 | 23.38% |
2 | Venue | SUV | 8,840 | 10,062 | -1,222 | -12.14% |
3 | Exter | SUV | 6,037 | 7,000 | -963 | -13.76% |
4 | i20 | Hatch | 4,937 | 5,001 | -64 | -1.28% |
5 | Grand i10 Nios | Hatch | 4,922 | 5,337 | -415 | -7.78% |
6 | Aura | Sedan | 4,757 | 4,514 | 243 | 5.38% |
7 | Verna | Sedan | 1,420 | 2,858 | -1,438 | -50.31% |
8 | Alcazar | SUV | 585 | 1,443 | -858 | -59.46% |
9 | Tucson | SUV | 129 | 239 | -110 | -46.03% |
10 | Ioniq 5 | Hatch | 36 | 125 | -89 | -71.2% |
11 | Kona | SUV | 0 | 60 | -60 | -100% |
July 2024 — Hyundai Car Sales Figures - MoM Change
The following table presents the month-over-month (MOM) sales data of various Hyundai models for July 2024 compared to July 2024, including the change in units sold, percentage change and trends:
Rank | Model | Body-Type | Jul 2024 | Jun 2024 | Change | %Change |
1 | Creta | SUV | 17,350 | 16,293 | 1,057 | 6.49% |
2 | Venue | SUV | 8,840 | 9,890 | -1,050 | -10.62% |
3 | Exter | SUV | 6,037 | 6,908 | -871 | -12.61% |
4 | i20 | Hatch | 4,937 | 5,315 | -378 | -7.11% |
5 | Grand i10 Nios | Hatch | 4,922 | 4,948 | -26 | -0.53% |
6 | Aura | Sedan | 4,757 | 4,299 | 458 | 10.65% |
7 | Verna | Sedan | 1,420 | 1,424 | -4 | -0.28% |
8 | Alcazar | SUV | 585 | 882 | -297 | -33.67% |
9 | Tucson | SUV | 129 | 114 | 15 | 13.16% |
10 | Ioniq 5 | Hatch | 36 | 30 | 6 | 20% |
11 | Kona | 0 | 0 | - | - |
Performance-Based Insights
Top 3 Performers (July 2024 Sales)
Hyundai were already offering some discounts on the Exter and Venue. Now, the pressure is more visible as the two cars are getting Lifestyle edition, which is a dealer-level accessory pack at a significantly discounted price. The Exter also recently got a 2-cylinder CNG option like the Tata Punch. So, it’s clearly going toe-to-toe with the Punch and we may see some fireworks from Maruti Suzuki in 2025 as they bring something to replace the ageing Ignis.
Meanwhile, the Creta managed to achieve the best-ever production number to become the top seller across the board, beating Maruti Suzuki. Speaking of Maruti, they are struggling to hit the number 1 spot with either of their cars in the recent months. Sometimes, it's the Punch taking the top spot, while on other occasions, it’s the Hyundai Creta.
Since the demand for SUVs just doesn’t seem to lose steam, Hyundai are also strengthening their SUV portfolio with a launch of the updated Alcazar planned ahead of the festive season. We expect the Alcazar to get some of the features from the Creta while also attempting to establish itself as something more than just a 3-row version of the Creta. The Alcazar’s production numbers hit a new low, hinting that Hyundai may be retooling the production line to suit the new 2024 version’s features and design.
Creta (17,350)
Venue (8,840)
Exter (6,037)
Top Gainers (YoY % Change)
Creta (+12.78%)
Aura (+5.38%)
Top 3 Losers (YoY % Change)
Kona (-100%)
Ioniq 5 (-71.20%)
Alcazar (-59.46%)
Top 3 Gainers (MoM % Change)
Tucson (+13.16%)
Aura (+10.65%)
Creta (+6.49%)
Top 3 Losers (MoM % Change)
Alcazar (-33.67%)
Exter (-12.67%)
Venue (-10.62%)
Body-Type Based
Just like other carmakers, Hyundai too are witnessing a drop in demand for their hatchbacks and sedans while the SUVs continue to expand their market share. Unlike other carmakers, don’t expect Hyundai to give up on these body styles in the next few years as these help in times of economic stress. That’s when people who would have otherwise bought a big and burly SUV tend to choose more affordable and efficient options like hatchbacks and sedans. Moreover, having a smaller car in the portfolio allows buyers with a limited budget to experience and get a taste of Hyundai before trusting them with a big-ticket purchase several years down the road.
Hyundai — 6-Month Sales Trend (Feb 2024 - July 2024)
Model | Feb 2024 | Mar 2024 | Apr 2024 | May 2024 | Jun 2024 | Jul 2024 | 6M Avg |
Creta | 15,276 | 16,458 | 15,447 | 14,662 | 16,293 | 17,350 | 15,914 |
Venue | 8,933 | 9,614 | 9,120 | 9,327 | 9,890 | 8,840 | 9,287 |
Exter | 7,582 | 8,475 | 7,756 | 7,697 | 6,908 | 6,037 | 7,409 |
i20 | 5,131 | 5,155 | 5,199 | 5,169 | 5,315 | 4,937 | 5,151 |
Grand i10 Nios | 4,947 | 5,034 | 5,117 | 5,328 | 4,948 | 4,922 | 5,049 |
Aura | 5,053 | 4,883 | 4,526 | 4,433 | 4,299 | 4,757 | 4,659 |
Verna | 1,680 | 1,716 | 1,571 | 1,381 | 1,424 | 1,420 | 1,532 |
Alcazar | 1,290 | 1,420 | 1,219 | 944 | 882 | 585 | 1,057 |
Tucson | 157 | 110 | 201 | 168 | 114 | 129 | 147 |
Ioniq 5 | 66 | 65 | 45 | 42 | 30 | 36 | 47 |
Kona | 86 | 71 | 0 | 0 | 0 | 0 | 26 |
Disclaimer: This post was written by our guest author (V3Cars). Any views expressed in this article are those of the author and do not necessarily represent those of Autopunditz.com. The data presented in this article is the property of Autopunditz.com.