Hyundai Venue Crosses 1 Lakh Sales in Just a Year
Hyundai Venue Crosses 1 lakh Sales in Just a Year
Hyundai Venue has crossed 1 lakh sales in just a year. Launched in May, 2019 it has become the fastest to cross 1 lakh magic figure in the domestic market. Hyundai managed to sell 97,000 units in the local market and 7,400 units in the overseas. From the average point of view, Hyundai sold more than 7000 units per month which is record in itself. In the first six months of its launch, the company sold more than 50,000 units. Clearly, Hyundai has set new benchmark standards for other manufacturers.
The sub 4m compact SUV segment is very competitive. Hyundai Venue competed with likes of Maruti Suzuki Brezza, Ford Eco Sport, Renault Duster and Tata Nexon. The surprising part is, it was able to beat Brezza a couple of times in the monthly sales figures.
Hyundai Venue was introduced in India in both Petrol and Diesel options. Launched at a price of just 6.5 lakh in 2019, it came with a wide variety of features which were first in the segment. The compact SUV quickly became successful and was sold in numbers. In Feb, 2020 Hyundai updated the Venue with BS6 emission norms. When other manufacturers when discontinued Diesel variants, Hyundai still offers BS6 compliant Diesel variant which gives it edge over its competitors.
The BS6 Venue is offers in 3 engine options.
- 1.2L Kappa Petrol (BS6) which generates power of 83 PS @ 6000 rpm and torque of 114 Nm @ 4000 rpm. It comes with 5-Speed Manual transmission.
- 1.0L Kappa Turbo GDI (BS6) Petrol engine which generates power of 120 PS @ 6000 rpm and torque of 171.6 Nm @ 1500-4000 rpm. This engine is offered with 6-Speed Manual and 7-Speed DCT.
- 1.5L U2 CRDi Diesel (BS6) which generates a power of 100 PS @ 4000 rpm and torque of 240 Nm @ 1500-2750 rpm. This unit is offered only in 6-Speed Manual transmission.
It doesn’t come as a surprise, that 44% of sales have come from 1.0L Kappa Petrol unit given that it is offered in both Manual as well as Automatic option. This makes it quite popular in urban as well as rural market. Hyundai’s decision to offer BS6 compliant Diesel option has paid off since it has been sold in numbers between Jan-Mar, 2020.
Hyundai offers Venue BS6 in 10 variants of Petrol and 6 variants of Diesel giving a rich set of choices to the customers to choose from. The Venue offers a wide set of premium 33 connected car features using Bluelink technology. Over 30,000 customers have bought this variant alone.
It is a good occasion for the company and the automobile sector of India.
Hyundai has been at the helm of innovation in the automotive industry, introducing revolutionary products and technologies that have established new benchmarks. With Venue, we have pioneered fully connected technology for customers. Additionally, Venue has paved the way to democratise global technologies such as Kappa 1.0 l T-GDi and 7-Speed DCT for Hyundai cars in India, offering customers excitement, delight and enhanced value.
Image Source- Hyundai Motors
