Friday, Mar 28 2025 | Time 11:27 Hrs(IST)
Business EconomyPosted at: Feb 17 2025 3:30PM


Hyundai sells over 1.57 lakh pre-owned cars in 2024

Chennai, Feb 17 (UNI) Passenger car makers Hyundai Motor India Limited (HMIL) through its
pre-owned car program-Hyundai Promise, has achieved its highest-ever yearly sales in CY 2024, retailing 1,57,503 pre-owned cars with 5.8% YoY growth.
Strengthening customer trust and value, Hyundai Promise recorded 35,553 certified pre-owned
car sales, contributing 23% to its total volume, registering 8% YoY growth, a HMIL release here
today said.
Hyundai Promise set a new benchmark in customer engagement, achieving its highest-ever exchange outreach of 20.4% in CY 2024.
Among Hyundai Promise certified pre-owned car sales in CY 2024, the Hyundai i20, CRETA and GRAND i10 dominated sales, registering 55% of the total volumes. SUVs accounted for 21% of certified pre-owned car sales, with the CRETA being the highest contributor at 13% and VENUE
at 8%, of total Hyundai Promise sales.
Mr. Tarun Garg, Whole-time Director and Chief Operating Officer, HMIL said, “The pre-owned
car market in India has ample room for improvement in parameters like transparency, trust, and reliability - challenges that Hyundai Promise, as an OEM-owned network, directly addresses by
using new-age technology and the trust of brand Hyundai."
With over 1 million pre-owned car sales since inception, Hyundai Promise has redefined the experience of buying and selling used cars, making it more reliable, transparent, and hassle-free,
he said.
The Hyundai CRETA stands as the most sought-after SUV with 13% contribution in the certified
pre-owned segment, mirroring its unmatched popularity in the new car segment. SUV models
such as the VENUE and CRETA fetch over 70% of its original price even after third year.
UNI GV 1525
Please log in to get detailed story.
Tags: #Hyundai sells over 1.57 lakh pre-owned cars in 2024
More News

Jindal Stainless to invest 42,886 crore in Maharashtra

28 Mar 2025 | 12:57 AM

Mumbai, Mar 27 (UNI) Jindal Stainless Limited is going to set up an investment project worth Rs 42,886 crore in Maharashtra, Chief Minister Devendra Fadnavis said here on Thursday.
Fadnavis said the project will create about 15,000 employment opportunities in the state.

see more..
Airtel lands the 2Africa Pearls cable in India

Airtel lands the 2Africa Pearls cable in India

27 Mar 2025 | 10:16 PM

Kolkata, Mar 27 (UNI) Bharti Airtel (Airtel) has landed the 2Africa Pearls cable in the country, connecting India to Africa, and Europe via the Middle East.

see more..

Karnataka govt okays Rs 4 per litre increase in milk prices

27 Mar 2025 | 7:21 PM

Bengaluru, Mar 27 (UNI) The Karnataka government has approved a Rs 4 per litre increase in milk prices, effective from April 1, following prolonged deliberations with stakeholders, including the Karnataka Milk Federation (KMF) and farmers' organisations.

see more..
SGGSCC hosts 7th biennial convention on AI and Viksit Bharat

SGGSCC hosts 7th biennial convention on AI and Viksit Bharat

27 Mar 2025 | 7:14 PM

New Delhi, Mar 27 (UNI) The seminar committee of Sri Guru Gobind Singh College of Commerce on Thursday organised Vimarsh, the 7th Biennial Convention on 'AI and Viksit Bharat: Harnessing the Tech Tailwinds of Aspirational India', at the India International Centre.

see more..

India's semiconductor mission to train 85000, drive USD 110 bn market

27 Mar 2025 | 6:59 PM

Bengaluru, Mar 27 (UNI) India’s semiconductor sector is set for a massive expansion with the government spearheading efforts to build a workforce of 85,000 professionals and propel the semiconductor market to an estimated $100-110 billion by 2030.

see more..