The Hyundai Creta has solidified its position as the leader in the mid-size SUV segment, experiencing significant growth of over 8% year-on-year. This achievement can be attributed to strong demand from customers and the introduction of the facelifted version of the Creta.
In the fiscal year 2024, the Creta achieved its best-ever annual sales volume of 162,773 units, an impressive increase of 8.2% compared to the previous year. Notably, this is not the first time the Creta has dominated the segment, as it was also the leader in the previous fiscal year.
March 2024 proved to be a remarkable month for the Creta, as it recorded its highest-ever monthly sales volume of 16,458 units. Just a month prior, in February 2024, the Creta had already achieved a new record with 15,276 units sold.
Hyundai COO Tarun Garg stated that the Creta’s popularity has transformed the carmaker into a household name in the country. This highlights the immense success of the Creta, positioning it as one of the most preferred choices in the mid-size SUV market.
Hyundai further expanded the Creta lineup by launching the Creta N Line, a performance-oriented variant, in March 2024. This addition aimed to reach monthly sales volumes of 16,000 units, and the target was successfully achieved.
As for its competitors, the Hyundai Creta rivals well-established names such as the Kia Seltos, Maruti Suzuki Grand Vitara, Toyota Urban Cruiser Hyryder, Honda Elevate, Volkswagen Taigun, Skoda Kushaq, and MG Astor. Additionally, it will soon face competition from the upcoming Tata Curvv.
The Hyundai Creta is competitively priced between Rs 11 lakh and Rs 20.15 lakh (ex-showroom). On the other hand, the Hyundai Creta N Line falls within the price range of Rs 16.82 lakh to Rs 20.45 lakh (ex-showroom).
The Hyundai Creta’s continuous dominance in the mid-size SUV segment, coupled with its record-breaking achievements, showcases its unrivaled popularity and success in the market. As it continues to triumph over its competitors, the Hyundai Creta remains a top choice for SUV enthusiasts.
Article Summary: Hyundai Creta Achieves Record Sales and Maintains Market Dominance in Mid-Size SUV Segment
The Hyundai Creta has emerged as the leading mid-size SUV in the market, experiencing significant growth and achieving record-breaking sales. In the fiscal year 2024, the Creta achieved its best-ever annual sales volume of 162,773 units, representing an increase of 8.2% compared to the previous year. It also recorded the highest-ever monthly sales volume of 16,458 units in March 2024. The popularity and success of the Creta have established Hyundai as a household name in the country.
Hyundai expanded the Creta lineup by introducing the Creta N Line, a performance-oriented variant, in March 2024. The addition aimed to reach monthly sales volumes of 16,000 units and successfully achieved the target.
The Hyundai Creta competes with well-established names in the mid-size SUV segment, including the Kia Seltos, Maruti Suzuki Grand Vitara, Toyota Urban Cruiser Hyryder, Honda Elevate, Volkswagen Taigun, Skoda Kushaq, and MG Astor.
The Hyundai Creta is competitively priced, ranging from Rs 11 lakh to Rs 20.15 lakh (ex-showroom). The Creta N Line falls within the price range of Rs 16.82 lakh to Rs 20.45 lakh (ex-showroom).
Definitions:
1. Mid-size SUV: A vehicle category that falls between compact SUVs and full-size SUVs, typically offering seating for five to seven passengers and a higher ride height than sedans or hatchbacks.
2. Fiscal year: A period for accounting and financial reporting purposes that may not coincide with the calendar year. It is typically 12 months in duration.
3. Ex-showroom: The price of a vehicle without additional charges such as vehicle registration, taxes, insurance, or other fees.
Related Links:
– Hyundai Official Website: Providing information about Hyundai vehicles and offerings.
– Kia Official Website: Exploring Kia’s lineup of vehicles, including the Seltos.
– Maruti Suzuki Official Website: Discovering Maruti Suzuki’s range of vehicles, including the Grand Vitara.
– Toyota Official Global Website: Finding information about Toyota vehicles, including the Urban Cruiser Hyryder.
– Honda Official Website: Exploring Honda’s lineup of vehicles, including the Elevate.
– Volkswagen Official Website: Discovering Volkswagen’s range of vehicles, including the Taigun.
– Skoda Official Website: Finding information about Skoda vehicles, including the Kushaq.
– MG Motor Official Website: Exploring MG’s lineup of vehicles, including the Astor.