South Africa: Hyundai pins its hopes on the refreshed i20 hatchback

It’s hardly a secret that the motoring industry in 2024 is showing a significant decline in year-on-year sales. By midyear, the cumulative numbers for the first six months of 2024 were 7.6% down, compared with the same period in 2023. 

The light commercial vehicle (LCV) segment was particularly hard hit in June, with a massive 24.3% decline in year-on-year sales. While the passenger market suffered a 9% dip last month, its overall decline, between January and June 2024, is at a more…