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The Indian automobile market has always been a major market for foreign auto companies. This is the reason that these auto companies launch cars with great features to attract Indian customers. Many companies have performed well in the Indian automobile market. But the sales of a company in this Indian market have declined the biggest decline in 12 years.
Hyundai, once the country’s second largest car company, is now facing low sales. The market share of this company, which once ruled the Indian market, has now reached a 12 -year low. Hyundai is considered the strongest company after Maruti Suzuki.
Hyundai shocks in April 2025
Recently a report by FADA (Federation of Automotive Dealers Association) has come out, stating that Hyundai’s market share fell to 12.47% in April 2025. The figure was 14.29% in April last year. Now Hyundai, Maruti Suzuki, Mahindra and Tata Motors ranks fourth.
SUVs were sold, but…
Today, Hyundai is paying more attention to SUV. It seems that the company is particularly focusing on Creta. In April 2025, Creta’s Hyundai will have a 38% stake in the total sales. However, sales of other cars such as Grand i10 Nios, Aura, Venue, Exteer, i20 declined.
Cars priced less than Rs 10 lakh are sold the best in the Indian market, but Hyundai has ignored the segment, while Mahindra and Tata have put their full emphasis in this segment.
Customers upset due to removal of features from i20
Hyundai’s i20, once the best in the premium hatchback segment, is now disappointing buyers due to decrease in features. The update of 2025 removed facilities such as cooled glowbox, pard lamps and door Twitter cover. Meanwhile, Maruti’s Baleno sales are still more than 1 lakh units.
Pressure from new companies
Companies like Kia, Toyota, MG Motor are also preparing to overtake Hyundai. Kia’s sales have increased by 18.3% and their new SUV Clavis and Cyros will be launched soon.
Hyundai also lagged behind in the EV segment.
Although Hyundai recorded an increase of 654 percent in the sales of electric vehicles in April, the number was only 686 units. At the same time, Tata, MG and Mahindra are launching strong electric cars in this segment.