This SUV can be had in petrol, turbo petrol, diesel and electric powertrains.
Electric cars require 1.5 kilograms to 3 kilograms of rare earth magnets, while internal combustion engine models use around 100 grams.
As one of the biggest IPOs in Indian capital markets history opens, Moneycontrol spoke to the top management of the company in question, including Managing Director Unsoo Kim, COO Tarun Garg, and CFO Wangdo Hur, to understand their growth strategy and other issues concerning investors.
This preference is expected to further grow backed by a healthy pipeline of new model launches across price points, including electric variants, and normalised availability of semiconductors after a prolonged period of short supply
Launched at a starting price of Rs 11 lakh, here’s a look at how the Hyundai Creta stacks up against some of its main rivals.
With the launch scheduled for January 16, the model has now been fully unveiled.
The Creta facelift, one of the much-awaited releases from Hyundai, would be officially launched on January 16
The profile isn’t expected to change much, but expect the Creta to look completely new.
Many hits and a few misses sums-up the effort put in by Jeep to crack the seven-seater SUV segment.
While Tata Motors has been doing phenomenally well, competition has and always will be there from India’s biggest four-wheeler manufacturer, Maruti Suzuki. In the month of May, where the Tata Nexon managed to secure second place, in June it has been shifted down to fourth with the top-3 going to Maruti Suzuki.
With the launch of new Creta in March, the company has once again redefined SUV leadership in the segment and established its supremacy, recording over 55,000 bookings and more than 20,000 customers in just four months, Garg added.
The company has re-established its supremacy in the SUV segment with all-new CRETA clocking over 30,000 bookings since launch and topping sales charts in May, the auto major said in a statement.
The new Creta will be launched in the market next week. It was unveiled at the Auto Expo last month.
"Over the years, Hyundai Creta has set new benchmarks, becoming an iconic brand name among Indian consumers and building a strong legacy with over 4.6 lakh happy customers across India. It is time for the Creta to set new standards once again," HMIL Director - Sales, Marketing & Service Tarun Garg said.
The new Creta gets a slatted grille, flanked by split projector headlamps with LED DRLs.
The new Creta is expected to have a more rounded profile than its predecessor, along with a flatter bonnet and a new nose.
Hyundai is expected to launch the Creta in India by mid-2020 and could price it higher than the current-gen Creta.
The Korean car’s cousin, the Kia Seltos is set to be launched in India on August 22.
Although the waiting period differs from city to city, the duration of 12 weeks is the highest in its segment.
Since the current Creta in India is almost identical to the China-spec ix25, it is expected that the new ix25 will retain most of its features when it arrives in India as the Creta.
"HMIL has always set new benchmarks in terms of quality and customer delight by introducing new products with new technology and design to the Indian market, demonstrating superior manufacturing prowess," HMIL Managing Director and CEO Y K Koo said in a statement.
Hyundai Motor India plans to launch an entry level SUV in the first half of 2019 as it looks to strengthen its presence in the fast growing segment.
The company had sold 50,411 units in the same month last year, HMIL said in a statement.
Hyundai Motor India Ltd. (HMIL), the country’s largest passenger car exporter and second largest car manufacturer today honored Ms. Saina ...
Hyundai Motor India Ltd, the country’s leading premium vehicle manufacturer and the largest passenger car exporter, today announced Lucky ...