Hyundai posted 7.3 per cent YoY sales drop in June 2019; recently launched Venue garnered 8,763 units and almost topped its segment
Hyundai Motor India Limited (HMIL) retailed just over 42,000 units in the domestic market last month and compared to the same time a year ago, it registered a sales de-growth of 7.3 per cent as 45,314 units were sold correspondingly. The exports weren’t that bad as Hyundai shipped 16,800 units in June 2019 as against 15,408 units during the same month in 2018 with 9 per cent growth.
The combined domestic sales and export stood at 58,807 units as against 60,722 units in June 2018 with 3.2 per cent sales decline. Three Hyundai models featured in the top 10 sales chart for June 2019 as Creta and Elite i20 were accompanied by the recently launched Venue with Grand i10 disposed off the list.
The Swift rival is preparing to get a brand new generation with comprehensive exterior and interior changes by this festive season and its sales declined to 6,907 units as against 10,343 during June 2018 with a massive de-growth of 33 per cent. The Venue compact SUV finished behind segment-leading Maruti Suzuki Vitara Brezza with a narrow margin of 108 units.
|Model||June 2019 Sales||July 2018 Sales|
|1. Hyundai Creta||8,334||11,111|
|2. Hyundai Venue||8,763||–|
|3. Hyundai Elite i20||9,271||11,262|
|4. Hyundai Grand i10||6,907||10,343|
|5. Hyundai Verna||2,271||3,901|
After garnering more than 7,000 units in its first month, the Venue demolished competition from Mahindra XUV300, Tata Nexon and Ford EcoSport in June 2019 and was inches closer from toppling the Vitara Brezza. The Creta received several new competitors since the start of 2019 as Tata Harrier, Nissan Kicks and MG Hector were introduced in the market.
In June 2019, the mid-size SUV continued to take the charge ahead with 8,334 unit sales but at a YoY drop of 25 per cent. The second generation Creta is on the horizon for debut likely early next year. The Elite i20, on the other hand, posted 9,271 units last month as against 11,262 during the same month in 2018 with 18 per cent YoY fall.
The Verna registered 2,271 units in June 2019 and finished third in the segment behind Honda City and Maruti Suzuki Ciaz. The negative growth of 42 per cent was certainly an alarming factor as it shows the continuous shrink in popularity of the C-segment sedans in India.