Hyundai Venue gathers 75,000 bookings; 42,000 units sold

    Thanks to the near 8,000 units of the Venue and about 6,000 units of the Creta sold in September, Hyundai India now has a 20 percent UV market share.

    Published On Oct 14, 2019 03:10:00 PM

    13,901 Views

    Hyundai Venue gathers 75,000 bookings; 42,000 units sold

    Launched on May 21 at Rs 6.5-10.84 lakh (ex-showroom, Delhi), the Venue has been topping the SUV and MPV sales charts for the past two months, which has helped Hyundai become the third largest UV maker, following Maruti Suzuki and Mahindra.

    Hyundai has made the maximum market share gains of over 6 percentage points, from 13.84 percent a year ago to 20.23 percent. The Venue continues to see surging demand and till end-August had sold a total of 34,739 units. The Korean company announced recently that it had sold 42,681 units of the compact SUV in five months and has received over 75,000 bookings for it.

    On July 30, Hyundai announced it crossed the 50,000-unit bookings mark for the Venue. The compact SUV drove into the top-5 bestselling UVs chart in both, May (in fourth place) and June, where it came tantalisingly close to going past the No. 1 UV – the Maruti Vitara Brezza. And in July 2019, with 9,585 units, it took the UV crown from the Maruti Vitara Brezza, the long-standing UV champion. It was the UV leader in August, too, with 9,342 units. The Korean company is set to roll out dual-tone paint options on the top-spec variants of the Venue soon, which could further boost sales.

    Giving the Venue good company is the Hyundai Creta, which, between April-August, sold a total of 40,461 units; add an estimated 6,000-odd units for September and sales are not all that bad, especially considering that the newly launched Kia Seltos and MG Hector have made quite an impression in the same segment.

    Of the total 2,44,434 passenger vehicles sold by Hyundai in the first-half of FY2020, 37 percent or 90,388 units were utility vehicles. What's more, Hyundai’s UV sales during the same period show a handsome 40.62 percent year-on-year growth (H1 FY2019: 64,277 units). This is especially significant, considering the ongoing tough market conditions.

     

    Also see:

    Click here for Hyundai India models, prices, reviews, images, videos and more details

    Copyright (c) Autocar Professional. All rights reserved.

    Comments

    ×
    img

    No comments yet. Be the first to comment.

    Ask Autocar Anything about Car and Bike Buying and Maintenance Advices
    Need an expert opinion on your car and bike related queries?
    Ask Now

    Search By Car Price

    Poll of the month

    The Creta will be the third Hyundai N-Line model in India. Should more mass-market brands have sporty sub-brands?

    Yes, it's something special for enthusiasts

     

    18.34%

    Yes, but only if there is increased performance

     

    44.41%

    No, it's just a gimmick to increase the price

     

    29.39%

    It doesn't always work; just look at Tata JTP

     

    7.86%

    Total Votes : 1565
    Sign up for our newsletter

    Get all the latest updates from the automobile universe