Hyundai Creta records 10,000 sales mark for the first time in March 2017 by registering a growth of 23 percent over same month last year
Hyundai Creta is one of the most popular and bestselling products in India from the South Korean auto major. The compact SUV has crossed the 10,000 mark for the first time since its launch in the country. Last month, the Creta sold 10,001 units in the domestic market, registering an impressive 23% growth over the March 2016 sales figure, when it sold 8,163 units. In 2016, Hyundai Creta was the overall bestselling SUV in the country with 92,926 units.
Not only the Creta, Hyundai’s two other popular products Grand i10 and Elite i20 have achieved the feat of crossing 10,000 mark in March this year. The two hatchbacks sold 12,545 units and 12,394 units respectively. The Hyundai Grand i10 and Elite i20 registered 31% and 16% growth respectively, compared to their March 2016 sales results as they sold 9,544 units and 10,647 units.
Resultantly, the Creta, Grand i10 and Elite i20 played crucial role for Hyundai to achieve 5 million sales milestone in a fiscal for the first time. In the 2016-17 FY, the second largest car brand of India has sold a total of 509,707 units, registering a YoY growth of 5.2% over 2015-16 FY, when it sold 484,324 units. In March 2017 alone, the South Korean auto major has sold a total of 44,757 units, marking 8.6% growth over the same month last year.
Inspired by this success, the car manufacturer is gearing up to continue the momentum in the current fiscal too. It is readying couple of products to launch in the domestic market soon, as part of its strategy to roll out 8 new products along with 2 facelifts in India by the end of 2020. The Xcent facelift is expected to hit the market this month ahead of the new-gen Verna in the coming months, while the Creta facelift is also likely to be launched later this year.
After Maruti Suzuki, Hyundai is the second most popular and bestselling car brand in the country and it is trying to strengthen its market share with new products, which include a new budget hatchback, a sub-compact SUV drawing inspiration from the Carlino concept of 2016 New Delhi Auto Expo. Also, it will launch the Ioniq hybrid in early 2018.