We have always known that Hyundai Motors is the second-largest carmaker in the country. But what that amounts to in terms of absolute numbers and statistics is something that has been overshadowed by the Maruti Suzuki. The brand celebrates its Silver Jubilee in the country and we suppose it is the best occasion to ponder over some facts about the brand and what it has managed to achieve in our market. Also, we shall discuss a bit about what the future holds for the brand going forward.
Also read: Hyundai records over 23% growth in January 2021!
Hyundai Motors – Domestic Sales
Hyundai enjoys a healthy 17.4% market share in CY2020 of the world’s fifth-largest car manufacturing country. That represents a large number of products. In its state-of-the-art manufacturing facility in Tamil Nadu, Hyundai has manufactured over 90 lakh cars in the last 25 years. The Make in India initiative has been immensely hugely affected by it. Both, Hyundai and the country’s economy have grown…