Hyundai: Hyundai Motor India, India’s largest SUV producer for the previous two years goals to defend its title for a similar sooner or later, in response to MD and CEO Unoo Kim. Hyundai’s SUV phase consists of Venue, Venue N Line, Creta, Alcazar, Tucson, and Kona Electric.
The firm manufactured 2,52,586 SUVs in CY21 and 1,80,237 SUVs in CY20. The firm has observed the expansion of TATA and Mahindra on this phase in CY22. According to JATO Dynamics Hyundai has offered 2,46,786 SUVs from January to October, Whereas TATA and Mahindra have offered 2,94,796 SUVs and a pair of,72,579 SUVs respectively.
According to sources, Unsoo Kim mentioned “This year has been the year of blockbuster SUV launches from Hyundai. Hinging onto our prowess of manufacturing SUVs. We launched the new 2022 Hyundai Venue, Hyundai Tucson, and the sporty and dynamic Venue N Line – our second offering in the performance segment after the i20 N line. We aim to defend our position of being India’s No.1 SUV maker in the times to come. Our plans for the remaining year and next year will be announced in the next few months and we hope to redefine segments and continue changing the status quo year on year.”
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SUV VOLUME :
OEM | Jan-Oct CY22 (Units) | CY21 (Units) |
TATA | 2,94,796 | 1,77,544 |
Mahindra | 2,72,579 | 1,99,608 |
Hyundai | 2,46,786 | 2,52,586 |
Kia | 1,59,103 | 1,77,476 |
Maruti Suzuki | 1,31,848 | 1,36,351 |
Kim acknowledged that India’s youthful inhabitants and favorable circumstances supply good development alternatives for the automotive sector. “At Hyundai, we understand that modern customers look for a versatile SUV that caters to their mobility requirements by offering a unique, feature-laden and premium travel experience. Our cards suit the diverse lifestyle needs of new-age, tech-savvy and millennial customers. By offering a plethora of transmission and engine options across our SUV ranger, we are where the customer is. There is a Hyundai for everyone.”
While speaking about Hyundai’s wholesale despatches, Kim acknowledged “Our sales numbers have consistently remained strong month-on-month and on the back of this sustained momentum we are poised to achieve record domestic sales in CY22. Surpassing the figure of 5,50,002 Units we had achieved back in CY18, in the pre-pandemic era. The festival fervor helped us achieve a pivotal feat of delivering more than 30,000 vehicles across the country in the 10-day period during the Indian festivals of Navratri and Dussehra.”
The bookings for Hyundai are fairly excessive presently with the corporate having nearly 1,40,000 pending orders. “While demand continues to outstrip supply, our first objective over the festive season and also the remainder of the year will be to reduce long waiting times and expedite vehicle deliveries to our valued customers,” He added.
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