Hyundai expects sales of its diesel vehicles to fall to 30-35% in 2024
Hindustan Times|January 17, 2024
South Korean carmaker Hyundai Motor Co.'s India arm expects sales of its diesel engine-powered vehicles to reduce to nearly 30-35% in 2024, down from 40% at present, a top company official told Mint.
Alisha Sachdev
Hyundai expects sales of its diesel vehicles to fall to 30-35% in 2024

Hyundai Motor India will derive 65% of its sales from sport utility vehicles (SUVS) in 2024, a segment in which customers prefer the higher fuel efficiency and power of a diesel engine in the larger segments, and petrol and CNG for better fuel economy at the lower end.

"Diesel used to account for 60% of our sales at its peak, with petrol accounting for 40%, but now the trend has reversed with diesel accounting for 40%, which is good and in line with the industry direction. This year, it seems that 38-40% will be diesel, but because of our new turbo petrol engine, some diesel volumes may shift to that and diesel may account for 30-35% of our sales," Tarun Garg, chief operating officer (COO), Hyundai Motor India, said.

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