Hyundai profits grew by 18.2 per cent in December 2022. The corporation offered 38,831 cars in the domestic current market and exported 19,021 autos taking the tally to 57,852 in December 2022. The general 12 months-on-12 months progress registered by the company in the domestic marketplace is 20.2 for each cent. The Calendar year 2022 way too has shown a robust advancement with calendar year on calendar year profits soaring to 9.4 for every cent.

Commenting on the product sales performance Tarun Garg, Director (Profits, Marketing and advertising & Company), Hyundai Motor India Ltd. claimed, “SUVs now contribute to extra than 50% of our all round volumes and our showstopper product CRETA registered its maximum at any time annual sales volume of 1,40,895 models in CY 22 given that its introduction in 2015.”

The firm is now gearing up to start the Ioniq 5 in India and we will shortly see it on Indian roads. The organization plans to assemble the electric motor vehicle in India.