Models with connected features contribute over 25 per cent of retail sales last year: Hyundai
Currently, the automaker offers connected car features in 12 of the 14 models it sells in India.
)
Hyundai Motor India on Monday said the share of car sales with connected features has risen to over 25 per cent in 2024 against around 5 per cent in 2019.
The company said it has sold over 6.75 lakh cars with connected features in the country since 2019.
The company noted that the contribution of connected cars in its retail sales grew to 25.7 per cent last year compared with 4.7 per cent in 2019.
Currently, the automaker offers connected car features in 12 of the 14 models it sells in India.
"Today, connected cars drive a significant part of Hyundai's overall sales in India, surpassing half a million sales milestone. With the ever-increasing number of tech-savvy, convenience-seeking, and young car buyers, I am confident that the demand for connected car tech will rise rapidly in the coming years," Hyundai Motor India Function Head - Corporate Planning Jae Wan Ryu said in a statement.
The company had introduced connectivity with the Hyundai Venue in 2019 offering 35 telematics features. Earlier this year, Hyundai introduced the in-car payment service.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES

Top 7 Mutual Funds With Highest Returns in 3 Years: Rs 100,000 one-time investment in No. 1 scheme has swelled to Rs 2,13,588

8th Pay Commission: Can basic salary limit cross Rs 6.40 lakh mark in new pay commission? Know why it may be possible

Retirement Planning: How one-time investment of Rs 10,00,000 can create Rs 3,00,00,000 retirement corpus

Top 7 Flexi Cap Mutual Funds With Highest Returns in 1 Year: Rs 1,50,000 one-time investment in No. 1 fund is now worth Rs 1,78,740; know how others have fared

9 Stocks to Buy for Short Term: Analysts recommend largecap, midcap stocks for 2 weeks; IndusInd Bank, Coforge, MOFSL on the list

Fixed Deposit Rates for 1 Lakh Investment: Compare SBI, PNB, HDFC, ICICI, and Post Office 3-year FD returns

Revised New Tax Regime Slabs: Is your annual income Rs 12,90,000? Will you be taxed on Rs 15,000, or Rs 12,9000? Know here

SBI 1111-Day Special FD vs Central Bank of India Green Deposit 1111-Day FD: Which will provide higher return on Rs 5 lakh at maturity?
03:34 PM IST