Hyundai Motor India Shares Fall After December Sales Miss Estimates

• Hyundai Motor India shares fell 2% on Friday after December sales numbers were below Street estimates.
• Total sales increased 6.6% to 58,702 units, missing the estimated 13% rise to 62,667 units.
• Domestic sales grew only 0.5%, while exports showed a healthy 26.5% increase.
• Tarun Garg assumed charge as MD & CEO from January 1, 2026, becoming the first Indian to lead the company.
• Garg succeeded Unsoo Kim and aims for sustainable growth, technological leadership, and customer delight.

Why It Matters: Hyundai Motor India's shares dipped due to missed December sales targets, coinciding with Tarun Garg's CEO appointment.