SUVs drive Hyundai India’s diesel model sales to three-year high

TIL Desk/Business/New Delhi/ A strong demand for diesel SUVs has bumped up the contribution of these variants to Hyundai Motor India’s sales to a three-year high, a company top official told. The local arm of the South Korean carmaker has benefitted after some leading manufacturers — including car market leader Maruti Suzuki — pulled the plug on diesel models amid tightening regulations.

Hyundai has also gained from the changing travel preference —people are frequenting getaways and taking to the road a lot more than what they did before the pandemic. This trend has been fuelling overall SUV sales. SUVs outpaced hatchbacks with a contribution of 41 per cent to passenger vehicle sales in the first five months of 2022.

The share of the latter stood at 35 per cent. The share of diesel variants in the overall sales mix at Hyundai rose to 27.4 per cent in the first five months of the current calendar year (CY). It was 26.9 per cent in CY 2019, said Tarun Garg, director of sales and marketing at Hyundai Motor India. This came even as the contribution of diesel variants in the passenger vehicle market saw a decline from 32.8 per cent to 19.5 per cent in the same period.

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