December 2023 Hyundai Car Sales Analysis - YoY, MoM Change, 6-Month Trend | V3Cars

09 January 2024
By Prathu Sharma
0

In this December 2023 Hyundai car sales analysis article, 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.

December 2023 - Hyundai Car Sales Figures - YoY Change

Top Gainers (YoY):
- Tucson (D1 - SUV): Hyundai Tucson experienced a remarkable YoY growth of 1641.67%, selling 209 units in December 2023 compared to just 12 units in December 2022.
- Venue (B2 - SUV): Venue showed a robust YoY growth of 25.32%, with sales reaching 10,383 units in December 2023, up from 8,285 units in December 2022. The SUV's popularity and consistent demand contributed to this positive performance.
Top Losers (YoY):
- Verna (C2 - Sedan): Verna faced the most significant YoY decline among Hyundai models, with a substantial drop of -53.71%. The sedan sold 712 units in December 2023, compared to 1,538 units in December 2022.
- Grand i10 Nios (B1 - Hatch): Grand i10 Nios exhibited a YoY decline of -37.09%, selling 5,247 units in December 2023, down from 8,340 units in December 2022. This suggests a decrease in demand for the hatchback model over the year.

Note: Instantly Sell Your Old Car With V3Cars Sell Used Car Platform

HYUNDAI CAR SALES - DECEMBER 2023 YoY CHANGE
Rank	Model	Segment	Body-Type	Dec 2023	Dec 2022	Change	%Change	Trend
1	Venue	B2	SUV	10,383	8,285	2,098	25.32%
2	Creta	C1	SUV	9,243	10,205	-962	-9.43%
3	Exter	B2	SUV	7,516	-	-	-	-
4	Grand i10 Nios	B1	Hatch	5,247	8,340	-3,093	-37.09%
5	i20	B2	Hatch	4,574	4,697	-123	-2.62%
6	Xcent + Aura	B2	Sedan	3,812	4,156	-344	-8.28%
7	Alcazar	C2	SUV	954	1,478	-524	-35.45%
8	Verna	C2	Sedan	712	1,538	-826	-53.71%
9	Tucson	D1	SUV	209	12	197	1641.67%
10	Ioniq 5	C2	Hatch	81	-	-	-	-
11	Kona	C1	SUV	19	120	-101	-84.17%

December 2023 - Hyundai Car Sales Figures - MoM Change

Top Gainers (MoM):
- Grand i10 Nios (B1 - Hatch): Grand i10 Nios experienced a significant MoM growth of 11.45%, with sales increasing from 4,708 units in November 2023 to 5,247 units in December 2023. This positive momentum suggests increased demand for this hatchback model.
- Tucson (D1 - SUV): Tucson showed a notable MoM growth of 77.12%, selling 209 units in December 2023 compared to 118 units in November 2023. This surge in sales indicates an uptick in consumer interest or effective marketing strategies for the Tucson.
Top Losers (MoM):
- Alcazar (C2 - SUV): Alcazar witnessed a substantial MoM decline among Hyundai models, with a notable drop of -50.13%. Sales decreased from 1,913 units in November 2023 to 954 units in December 2023. Various factors, including market dynamics and competition, might have contributed to this decline.
- Verna (C2 - Sedan): Verna faced the most significant MoM decline of -58.14%, selling 712 units in December 2023 compared to 1,701 units in November 2023.

Note: Check your Car EMI with our - Car Loan EMI Calculator

HYUNDAI CAR SALES - DECEMBER 2023 MoM CHANGE
Rank	Model	Segment	Body-Type	Dec 2023	Nov 2023	Change	%Change	Trend
1	Venue	B2	SUV	10,383	11,180	-797	-7.13%
2	Creta	C1	SUV	9,243	11,814	-2,571	-21.76%
3	Exter	B2	SUV	7,516	8,325	-809	-9.72%
4	Grand i10 Nios	B1	Hatch	5,247	4,708	539	11.45%
5	i20	B2	Hatch	4,574	5,727	-1,153	-20.13%
6	Xcent + Aura	B2	Sedan	3,812	3,850	-38	-0.99%
7	Alcazar	C2	SUV	954	1,913	-959	-50.13%
8	Verna	C2	Sedan	712	1,701	-989	-58.14%
9	Tucson	D1	SUV	209	118	91	77.12%
10	Ioniq 5	C2	Hatch	81	96	-15	-15.63%
11	Kona	C1	SUV	19	19	0	0%	-

Hyundai — 6-Month Sales Trend (July 2023 - December 2023)

HYUNDAI CARS 6 MONTH SALES TREND JULY 2023 - DECEMBER 2023
Model	Segment	Body-Type	Jul 2023	Aug 2023	Sep 2023	Oct 2023	Nov 2023	Dec 2023	6 Month Avg
Creta	C1	SUV	14,062	13,832	12,717	13,077	11,814	9,243	13,325
Venue	B2	SUV	10,062	10,948	12,204	11,581	11,180	10,383	11,264
Exter	B2	SUV	7,000	7,430	8,647	8,097	8,325	7,516	6,583
i20	B2	Hatch	5,001	4,896	6,481	7,212	5,727	4,574	5,913
Grand i10 Nios	B1	Hatch	5,337	7,306	5,223	6,552	4,708	5,247	5,908
Xcent + Aura	B2	Sedan	4,514	4,892	3,900	4,096	3,850	3,812	4,360
Verna	C2	Sedan	2,858	2,576	2,610	2,313	1,701	712	2,677
Alcazar	C2	SUV	1,443	1,493	1,977	1,837	1,913	954	1,797
Tucson	D1	SUV	239	236	237	202	118	209	216
Ioniq 5	C2	Hatch	125	130	176	117	96	81	124
Kona	C1	SUV	60	91	69	44	19	19	60

Also read: Hyundai Aura Projector Headlamps & Parking Camera Review At Night | The Sensible Review

ABOUT THE AUTHOR

Prathu Sharma

Engineer by upbringing, artist by passion, motorhead because, why not! Likes to know about everything related to technology, switches between american muscle and german innovation depending on the day. Wants to own 69' Mustang Mach 1 and to drive BMW M3 87'someday.