The homegrown automaker, Tata Motors has become the 2nd largest carmaker in the month of May 2022. Tata Motors sold 43,341 cars last month, while Hyundai’s total domestic sales for the month of May 2022 stood at 42,293.
Hyundai has lost its number 2 spot to Tata Motors for the second time in last 6 months. In December 2021, Hyundai recorded low sales and was slipped to No.3 in the list of top 10 car manufacturers. In May 2022, Tata Motors has defeated Hyundai by good 1,048 units.
Hyundai Sales May 2022
Hyundai Motor Company sold 42,293 cars and SUVs in domestic market in May 2022, reporting a year-on-year sales growth of 69.17 per cent. In May 2022, the company’s export increased by 57.31 per cent to 8,970 units from 5,702 units in May 2021.
The company reported a cumulative sales of 51,263 units (Domestic + Exports) in May 2022, registering a year-on-year sales growth of 66.96%.
Commenting on the May 2022 sales, Unsoo Kim, MD & CEO, Hyundai Motor India Ltd., said, “Indian customers have showcased their love and trust in Hyundai, making us the most sold SUV brand of 2020 and 2021. At Hyundai, we will continue to excite our most loved customers with unique and exciting products, and I am glad to announce the launch of the new Hyundai VENUE in June this year. I am sure, the new Hyundai VENUE will continue to thrill customers both in India as well as export markets.”
Tata Motors has sold 43,341 cars in the passenger vehicle segment in May 2022, registering a massive year-on-year sales growth of 185%. The company had delivered 15,181 PVs in the same month last year. The company sold 39,887 ICE passenger vehicles in May 2022 as against 14,705 units in the same month last year. The company’s electric vehicles sales stood at 3,454 units, recording a massive jump of 626%.