Hyundai stock goes beyond market dynamics to shed light on future India plans

Hyundai stock goes beyond market dynamics to shed light on future India plans

Hyundai made its debut on the Indian Stock Exchange and although its shares saw teething troubles, driving on D-Street could indicate bigger ambitions for it.

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Hyundai Electric Ioniq 5 parked at the National Stock Exchange during the listing ceremony of Hyundai Motor India Limited IPO in Mumbai. (Reuters)

Hyundai Motor India made its debut on the Bombay Stock Exchange (BSE) on Tuesday. The largest public offering in the history of the country, shares closed that day 1,820, down from the listing at 1,931 per share. But for a company that has called India home for nearly three decades, estimating the starting fare on D-Street may be like jumping the proverbial gun.

This list is very valuable The Rs 27,870 crore investment by parent company Hyundai Motor Company by selling its 17.5 per cent stake in HMIL through IPO (initial public offering) has been the talk of the town. The report sheds light on how the company spent ₹624 crore (2.24 per cent of the issue size) in various fees for listing on Indian stock exchanges. Almost equal amounts of enthusiasm and caution were evident from potential investors, even as many analysts pointed to the long-term value of the Hyundai IPO rather than quick profits.

And this potential long-term value can probably be estimated from Hyundai's mega plans for the Indian car market.

Hyundai will increase production capacity

Hyundai officially started its India journey with a massive plant near Chennai. Operations here began in September 1998 and over the next several years, popular models such as the Santro, i10 and Xcent rolled off the manufacturing lines. Sriperumbudur The facility still remains the largest manufacturing center for the company, serving as a manufacturing base for both domestic and overseas markets.

Centro
The Santro Xing model took Hyundai to great heights in the past. Its present is all about SUVs but the future will depend on how well the EV game is played.

But to head off growing competition, the country's second-largest carmaker (after Maruti Suzuki) also acquired a facility in Talegaon, near Pune, which was previously owned by General Motors. Operations are scheduled to begin next year with company officials confirming the investment. Here Rs 6,000. “Our current capacity is 8.24 lakh units per annum. With the acquisition of the Talegaon plant, our capacity will be added by 2,50,000 units, which will come in two phases – 1.70 lakh units next year and 80,000 units by 2028,” said Tarun Garg, Chief Operating Officer, Hyundai Motor India.

Hyundai is looking to increase its production capacity by 30 percent from the current level by 2028. Garg says this will allow the company to grow at a faster pace than the overall industry while striking a balance between growth, profitability and market share.

look at electrical power

Hyundai's fortunes in its early India years were driven by the popularity of its smaller models like the Santro and i10. Over the past decade or so, the performance of the Creta and Venue models has underlined how the company has understood the changing preference towards SUV body types. Garg says that SUV models contribute about 68 percent to Hyundai's total sales in the country.

But relying on body type alone may not be enough in the changing world of the Indian and global automotive landscape. And Hyundai is aware of the changes the electric movement is bringing.

Currently, Hyundai is a marginal player in the Indian electric vehicle (EV) sector, offering the capable but premium Ioniq 5. Tata Motors, a formidable rival, has a number of recently launched models ranging from the Tiago EV to the Nexon EV and more. Curvav e.v. These models can be priced anywhere 8 lakh more 22 lakh (ex-showroom), and cut across different body types.

But the fight continues with Hyundai confirming the launch of the Creta EV in 2025. After this, four more EV models will be launched by 2030. While critics may argue that the Koreans are late to the game, Hyundai is not willing to leave any stone unturned. And while the EV revolution is well and truly underway in India, it is not yet driven by four-wheelers but instead by two-wheelers.

Is localization the real mantra?

Hyundai is one of the largest car manufacturers in the country and is also the largest car exporter from here. Its offerings mostly come feature-loaded which top the priority list of potential customers. Local manufacturing has helped in this regard but will the same formula work for the Hyundai EV?

The company plans to set up a battery plant in Chennai at a cost of approximately Rs 700 crore with the stated aim of localizing battery packs to wage a price war against more established EV players in the market. The plant will initially have a capacity of 75,000 battery packs per year and this figure is likely to increase further.

On paper, Hyundai is committed to playing stronger than ever in India. Perhaps, there is also tacit acceptance of growing rivalry. But with ICE (Internal Combustion Engine) models as well as upcoming mass-market EVs, the company is bracing itself for a major strike. And the ultimate fate of Hyundai's shares will directly depend on this.

(with agency input)

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First publication date: 23 October 2024, 09:51 am IST

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Hyundai Motor IPO to be launched in October? Carmaker gets SEBI nod: Report

Hyundai Motor IPO to be launched in October? Carmaker gets SEBI nod: Report

  • Hyundai's IPO is expected to be the biggest IPO ever in India.
  • Hyundai started its innings in India in 1996 with the Santro.
File photo of the Hyundai logo. Image used for representational purpose. (Reuters)

Hyundai Motor India has received approval from the Securities and Exchange Board of India (SEBI) for a $3 billion initial public offering (IPO) and is all set for a launch in October. All eyes are on what could be India’s biggest IPO ever, possibly surpassing Life India Insurance’s (LIC) $2.7 billion listing in 2022.

Hyundai Motor India had filed a draft red herring prospectus (DRHP) with SEBI in the month of June, targeting a valuation of around $18 billion to $20 billion. “The offer is an offer for sale of up to 142,194,700 equity shares of face value Rs. “The sale of 10 per cent of equity shares by the promoter selling shareholder each will be done and the benefits of listing of equity shares will be received on the stock exchanges. Further, our Company expects that the listing of equity shares will enhance our visibility and brand image and will provide liquidity and public market for equity shares in India,” DHRP said.

According to a Hindustan Times report, Hyundai Motor India is being advised by Citi, HSBC Securities, JP Morgan, Kotak Mahindra Capital and Morgan Stanley. Law firm Shardul Amarchand Mangaldas is the counsel for the company.

A look at the journey of Hyundai India

Hyundai Motor India Limited or HMIL is a wholly owned subsidiary of Hyundai Motor Company of South Korea. HMIL was established in 1996 at a time when only a few companies were present in the Indian car market – Maruti Suzuki, Hindustan, Premier, Tata Motors and Mahindra.

Despite being relatively unknown in a very small market at the time, HMIL gained a strong foothold by setting up a factory in Tamil Nadu and targeting the small car segment, rolling out the Santro, launched in September 1998. The success of this model was such that it established HMIL as the second largest car manufacturer in the country.

Over the years, Hyundai has become the country's largest car exporter and has diversified its portfolio for the domestic market. So even though cars like the Santro, i10 and Xcent are no longer available, the focus is on SUVs.

The company's current portfolio in India ranges from the Grand i10 NIOS, Aura sedan and i20 hatchback to the Alcazar, Tucson and the all-electric Ioniq 5. However, the Hyundai Creta is the company's best-selling model and dominates the mid-size SUV space. First launched in 2015, the Creta has over 1.1 million units on Indian roads.

Find out about upcoming cars in India, electric vehicles, upcoming bikes in India and cutting-edge technology that is changing the automotive landscape.

First Publication Date: September 25, 2024, 08:34 AM IST

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Hyundai plans to launch SUV in India amid rising domestic competition ahead of IPO

Hyundai plans to launch SUV in India amid rising domestic competition ahead of IPO

The rollout of SUVs will begin early next year with the first India-made electric vehicle and at least two gasoline-powered models ready for market from 2026, three sources with knowledge of the company's plans said.

Hyundai's first listing outside South Korea, as well as its strategy to add higher-margin offerings, signal its positive outlook toward the world's third-largest car market, as its presence in China is shrinking and domestic sales are declining.

Also read: Hyundai targets 30 per cent sales growth by 2030, doubles hybrid car lineup

Hyundai's sales in India trail only Maruti Suzuki, though in a fast-changing competitive landscape, homegrown giants Tata Motors and Mahindra & Mahindra have dented its market share with new SUVs that are now the top-selling vehicles, replacing the once-favourite small cars.

This has pulled down Hyundai's Indian market share to 14.6 per cent from 17.5 per cent four years ago, while Tata's share has nearly tripled to 14 per cent in the same period. Toyota, the next-largest foreign rival, has seen its share rise from four per cent to six per cent.

“Hyundai is in a difficult position,” said VG Ramakrishnan, managing partner at consultancy Avantiam. “Its primary focus should be on how to maintain its market share and the only way to do that is by introducing products rapidly.”

Hyundai did not respond to requests for comment on its plans in India.

'Lively Market'

India is the third-largest revenue-generating country for Hyundai after the US and South Korea, and the company has already invested $5 billion in the country, with a commitment to invest another $4 billion over the next decade.

“We are proud to consistently achieve the second largest market share in this vibrant market and will continue to lead Hyundai as a premium brand,” Hyundai Motor Group Executive Chairman Euisun Chung said during his visit to India in April.

Also Read: Kia Carnival Arrives In Delhi, Spotted At Delhi Airport Ahead Of Launch

Hyundai's launch of an India-made electric SUV in 2025 will be followed by the introduction of four more EVs by the end of the decade as it evaluates plans to make the country a regional EV export hub, three sources not authorised to speak to the media said.

Hyundai on Wednesday announced it will launch hybrid cars in India as part of a broader strategy to increase global sales to 30 percent by 2030, boosting its plan to sell higher-priced vehicles in the country to boost margins.

Its share of cars priced at least $18,000 – considered upmarket in India – is set to double to 15 per cent between 2021 and 2023, according to its draft IPO filed in June.

Hyundai, which plans to sell its 17.5 per cent stake in the Indian business to the public, said it will continue its “premiumisation” strategy that has helped it post the highest profit margins among peers in India, but the gains have come at the cost of volumes.

Also Read: Hyundai Creta EV 2025 to be unveiled at India Mobility Expo – Key Facts

Ramakrishnan said the auto maker will have to maintain a good balance between market share and margins after its listing.

“If any of these deteriorates, shareholders may question the company,” he said.

Hyundai's sales in India were at an all-time high last fiscal year, despite its market share declining.

intense competition

Hyundai Motor had initial success in the Indian market due to affordable hatchbacks like the Santro, while the i10 and i20 models also continue to enjoy similar success.

Hyundai entered India in 1996 and its initial success in the country, which has been a graveyard for automakers such as Ford and General Motors, was due to affordable hatchbacks such as the Santro, which has now been discontinued.

As customer preferences changed, Hyundai launched its first locally produced SUV in 2015. The mid-sized Creta, priced between $13,000 and $24,000, was an instant success and became Hyundai's biggest grossing car.

Hyundai's 13-car portfolio now has eight SUVs, but its share of India's total 25 lakh SUV sales last fiscal declined to 19 per cent from 24 per cent three years ago, IPO documents show.

Also read: From Creta EV to Harrier EV, these are the expected EVs to launch before March 2025

Of the two new gasoline-powered SUVs that Hyundai is planning for India, the first will be based on the Bayon crossover currently sold in global markets and will compete with Maruti's Frontx crossover and Tata's Nexon SUV, three sources said.

The second car will be bigger than the Hyundai Creta SUV and will compete with the Mahindra XUV700.

These two SUVs are expected to boost Hyundai's sales by around 120,000 units annually, a source said. Industry data shows the carmaker sold 615,000 cars in India, of which 63 per cent were SUVs and the rest hatchbacks and sedans. The company exported 163,000 vehicles in the last fiscal.

However, Hyundai's rivals aren't standing still.

Tata, India's top-selling EV maker with a market share of over 75 per cent, has said it plans to launch five EVs in the next three to four years, taking its total to 10.

Mahindra has said it will launch seven electric SUVs and six new gasoline-powered SUVs by the end of the decade. Market leader Maruti is doubling down on SUVs and hybrids and plans to launch six EVs by 2031.

“What has taken Hyundai this far will not necessarily take it into the future. Competition is even more intense,” said an Indian supplier of Hyundai.

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First Publication Date: 02 Sep 2024, 07:05 AM IST

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2024 Hyundai Creta zooms past 1 lakh bookings in just 3 months. Check details

2024 Hyundai Creta zooms past 1 lakh bookings in just 3 months. Check details

  • While the 024 Hyundai Creta was launched in January, the compact SUV recently saw a price hike in the Indian market as the introductory price ended.
The all-new 2024 Creta is offered with three engine options.

Hyundai Motor India Limited has announced that its 2024 Creta has exceeded one lakh bookings, marking a significant milestone. The Creta SUV, Hyundai’s first launch of 2024, is priced between 13.41 lakh and 24.49 lakh (ex-showroom). Additionally, the manufacturer disclosed that variants with sunroof and connected car features account for 71% and 52% of total bookings, respectively.

The 2024 Hyundai Creta is available with three engine options. All three have a capacity of 1.5 litres. There is a naturally aspirated petrol engine, a turbocharged petrol engine and a diesel engine. In terms of transmission choices, the updated Creta comes with a six-speed manual, IVT (Intelligent Variable Transmission), seven-speed DCT (Dual Clutch Transmission) and six-speed torque converter automatic transmission.

Also Read : Hyundai Creta N Line review: Dressed for pride, decked for drive

2024 Hyundai Creta: Variants

Hyundai offers the Creta in seven variants. There is E, EX, S, S(O), SX, SX Tech and SX(O). Hyundai has also introduced the N Line version of the Creta which is being sold only in two variants – N8 and N10.

Also Read : Upcoming Cars In India 2024

Watch: Hyundai Creta facelift review: Major step-up for the SUV king

The Creta has been a very popular model in India. Based on Hyundai’s Global Design Language of ‘Sensuous Sportiness’, the 2024 Creta was revised with several design updates.

Commenting on the milestone, Mr. Tarun Garg, COO, Hyundai Motor India Ltd., said, “The response to the recently launched new Hyundai CRETA has also been overwhelming with over 1 lakh bookings in a span of just 3 months since the launch in January’24. It is interesting to note that sunroof and connected car variants are contributing 71 per cent and 52 per cent respectively to the overall bookings, a testimony to the changing aspirations of young Indian customers. With new Hyundai CRETA, we have continued our pursuit of introducing exceptional products for the Indian market while strengthening Hyundai Motor India’s commitment towards ‘Make in India’. Brand CRETA has always created new benchmarks and now with the new Hyundai CRETA we have challenged the status quo by having a female brand ambassador for an SUV in India, a first in the industry. We sincerely thank all our customers for their love and trust in the new Hyundai CRETA and we are confident that we shall continue to establish new milestones and benchmarks in the industry.”

First Published Date: 10 Apr 2024, 12:16 PM IST


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Hyundai Creta EV spotted in wild, likely to get 360-degree camera and ADAS

Hyundai Creta EV spotted in wild, likely to get 360-degree camera and ADAS

  • Hyundai Creta EV is expected to share a host of design elements with the ICE variant of the midsize SUV.
Hyundai Creta EV is expected to share a host of design elements with the ICE variant of the midsize SUV. (Image: Autospy)

Hyundai Creta EV has been in discussions among Indian electric vehicle enthusiasts even before the updated version of the mid-size SUV entered the market in January this year. Now, the Creta EV has been spotted in the wild in South Korea in a fresh spy shot image. A fully camouflaged test mule of the Hyundai Creta EV has been spied, giving us a clue about the possible design elements of the electric SUV.

The latest spy shot of the upcoming Hyundai Creta EV shows the SUV gets an identical LED daytime running light (DRL) spanning the entire width of the front profile. Also, it looks like the car will have similar styling elements including LED projector headlamps as the ICE variant of the Creta, which is currently on sale in India. However, being an electric car, it would feature a closed panel instead of a conventional radiator grille visible in the newly launched Creta facelift. The spyshot also reveals the electric Creta gets 17-inch aero-designed alloy wheels, which is specifically meant for the EV and comes as the most distinctive change compared to the ICE variant.

Watch: Hyundai Creta facelift review: Major step-up for the SUV king

The Hyundai Creta EV is expected to come with repositioned brand log, front-fender mounted charging port. Also, there will be a smoothened bumper with tweaked radiator grille. Expect the electric SUV to feature design tweaks at side and rear profile as well.

Speaking about features, the Hyundai Creta EV is expected to come equipped with a large touchscreen infotainment system with EV-based user interface, an all-digital instrument cluster with new graphics, revamped centre console. Also, there would be a 360 degree surround camera and Level 2 ADAS suite. The front camera is visible at the centre of the nose section at front profile.

The South Korean automaker is tightlipped about the specifications of the upcoming electric car. However, expect it to come offering about 450 kilometre range on a single charge thanks to 55-60 kWh battery pack.

First Published Date: 17 Mar 2024, 14:20 PM IST


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Hyundai Creta N Line SUV launched in India at ₹16.82 lakh

Hyundai Creta N Line SUV launched in India at ₹16.82 lakh

The launch of the N Line version of the Creta comes just two months after Hyundai launched the facelift version of the SUV earlier this year. The price of the Creta starts from 11 lakh (ex-showroom) and goes up to 20.15 lakh (ex-showroom) for the top-end version.

Hyundai Creta N Line: Variants and prices

Both the N8 and N10 variants of the Hyundai Creta N Line are offered in manual and automatic transmission options. While the price of the N8 variants ranges between 16.82 lakh and 18.32 lakh (ex-showroom), the top-end N10 variants will cost 19.34 lakh for the manual and 20.30 lakh (ex-showroom) for the automatic version. The Creta N Line is based on the top-spec Creta SX(O) variant.

Hyundai Creta N Line: Colour options

The Creta N Line will be offered in six colour options. These include three dual-tone exterior themes as well which will come with a black roof. The colours on offer are Atlas White, Abyss Black and Titan Grey Matte, Thunder Blue with Abyss Black roof, Shadow Grey with Abyss Black roof and Atlas White with Abyss Black roof.

Hyundai Creta N Line: Engine, performance

Under the hood, the Creta N Line will get the 1.5-litre four-cylinder turbo petrol engine which also powers the standard Creta SUV. However, unlike the standard version, the engine will get both six-speed manual and seven-speed dual-clutch transmission options. The output remains similar with 158 bhp of power and 253 Nm of peak torque. It can sprint from 0 to 100 kmph in just under 9 seconds. The SUV offers three drive modes: Eco, Normal and Sport while there are three traction control modes for snow, sand and mud.

Hyundai Creta N Line: Design

The SUV will stand out against the standard versions with some unique design changes typical of Hyundai N Line models. The exterior design has been updated with a new sporty front grille and the N Line logo. The SUV also gets a more aggressive front bumper with red accents to accentuate its sporty looks. On the sides, the Creta N Line gets side skirts with red accents and a new set of 18-inch diamond-cut alloy wheels with N Line badging as well as red front brake callipers. At the rear, it gets a twin-tip exhaust that is retuned to sound sportier than the standard Creta.

The interior of the Hyundai Creta N Line looks sportier with red accents on the dashboard, red bezel around the digital displays and N Line badging on the steering wheel and gearbox.

The interior gets an all-black treatment with N Line logo and red accents all around. The new steering wheel comes leather-wrapped with red stitching. The dashboard gets red inserts while the infotainment screen has a red bezel. The gear lever and seats also get N Line badging.

Hyundai Creta N Line: Features

In terms of features, the Creta N Line comes with all the features offered in the SX(O) variant of the SUV. These include 10.25-inch touchscreen display and digital driver display, wireless charger, panoramic sunroof, ventilated front seats, dual climate control, powered driver seat and more. As far as safety is concerned, the Creta N Line offers level-2 ADAS technology, a 360-degree camera, six airbags, Electronic Stability Control, Hill Assist Contro and more.

First Published Date: 11 Mar 2024, 18:39 PM IST


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How to book Hyundai Creta N Line? A step-by-step guide

How to book Hyundai Creta N Line? A step-by-step guide

How to book Hyundai Creta N Line-

By: HT Auto Desk
| Updated on: 02 Mar 2024, 18:08 PM

  • Upon launch on March 11, Creta will become the third model from Hyundai in India to also have an N Line version, after i20 and Venue.
Hyundai Creta N Line is based on the latest Creta that was launched early 2024 in the Indian car market.

Hyundai Creta N Line is all set for its official India launch on March 11. The Creta N Line from Hyundai will be the company’s third N Line model, after i20 and Venue. The N Line, essentially, refers to models that are sportier versions of the original model with several visual enhancements on the inside as well as outer body while having minor technical updates as well.

HT Auto has learnt that Hyundai Creta N Line will be offered in two trims – N8 and N10, and with only the 1.5-litre turbo petrol engine that was introduced in the 2024 Creta. This engine is paired with both a manual gearbox as well as a DCT unit. The Creta N Line colour options include three monotone shades – White, Black and Grey Matte, as well as three dual-tone hues – Blue with Black roof, Grey with Black roof and White with Black roof.

How to book a Hyundai Creta N Line?

Hyundai opened bookings for Creta N Line from Thursday onwards and there are two ways to reserve a unit. The first is by simply walking into any company-authorised dealership in the country and paying a reservation amount of 25,000 which is refundable if the booking is cancelled.

 

The other option is to make a booking online. An interested customer can follow the steps below:

  1. Log on to Hyundai Motor India’s Click2Buy online platform.
  2. Choose the model. In this particular case, it would be the Creta N Line. Next select the fuel type which in this case, would be petrol only.
  3. Next, select one from the eight available variants of Hyundai Creta N Line. Follow up by opting for the body colour option.
  4. Now comes the most important part about selecting the preferred dealership. For this, select your state, city and the dealer name. The dealer name, on obvious lines, usually is the one closest to your location.
  5. Click on ‘Proceed’ and complete the transaction for the ₹25,000 that is charged as the token booking amount.

Do note that there is a likely waiting period of six to eight weeks that is expected on delivery of Hyundai Creta N Line from the date of launch and then from the date of bookings.

First Published Date: 02 Mar 2024, 18:08 PM IST


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Honda Elevate now available through CSD stores. Check details

Honda Elevate now available through CSD stores. Check details

Honda Elevate now available through CSD stores

  • Honda Elevate is offered only with a petrol engine. It comes mated to a manual gearbox or an automatic transmission.

The Honda Elevate is offered in a single-engine option but with two transmission choices.

Honda has announced that they will be selling their Elevate SUV through Canteen Stores Department (CSD) across the country for the Indian Armed Forces. The Elevate is the third model from Honda to be sold through Canteen Stores Department as Honda is already selling the City and the Amaze.

Honda Elevate shares its underpinnings with the 5th Gen City. So, it is powered by a 1.5-litre, naturally aspirated petrol engine that produces 119 bhp of max power at 6,600 rpm and a peak torque output of 145 Nm at 4,300 rpm. It comes mated to a 6-speed manual gearbox or a CVT automatic transmission with 7-steps.

The fuel efficiency figure for the manual gearbox is 15.31 kmpl whereas the automatic transmission delivers 16.92 kmpl of fuel efficiency. The manufacturer will not sell the Elevate with a diesel engine. Instead, they will launch an all-electric version of the Elevate within the next two years.

The Elevate is currently one of the most affordable mid-size SUVs in the Indian market. It is priced between 11.58 lakh and 16.20 lakh. Both prices are ex-showroom. There are four variants on offer – SV, V, VX, and ZX. Apart from the SV variant, the automatic transmission is available in all variants.

 

Honda Elevate competes against the Hyundai Creta, Kia Seltos, Maruti Suzuki Grand Vitara, Toyota Urban Cruiser Hyryder, Citroen C3 Aircross, MG Astor, Skoda Kushaq and Volkswagen Taigun.

The Elevate comes standard with features such as LED projector headlamps with Daytime Running Lamps, multi-function steering wheel, push button to start/stop engine, power adjustable ORVMs, automatic climate control, rear AC vents, PM2.5 air filter and front armrest.

Also Read : Honda Drive to Discover: Elevating spirits in Sikkim and north West Bengal

The top-end variant is also equipped with Honda Sensing Technology which is essentially a suite of ADAS features. Honda offers Collision Mitigation Braking System, Adaptive Cruise Control, Lane Keeping Assist, Lead Car Departure System, Road Departure Mitigation and auto-dimming IRVM.

First Published Date: 29 Feb 2024, 16:59 PM IST



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Updated Hyundai Creta to launch on January 16: What does it mean for segment?

Updated Hyundai Creta to launch on January 16: What does it mean for segment?


The updated Hyundai Creta is ready and raring for its official launch in the Indian car market. But unlike in times before, the champion is now threat

The updated Hyundai Creta is ready and raring for its official launch in the Indian car market. But unlike in times before, the champion is now threatened by a longer list of very competent challengers.

Hyundai Motor has been spotted testing the upcoming Creta facelift SUV near NATRAX in Madhya Pradesh. (Image courtesy: YouTube/@jayantkamdar)

Hyundai Creta has been the undisputed champion in the mid-size SUV space. But the Creta model available at present has not received any major update – barring special editions – in the past few years. It is a time period in which rivals have entered and carved out some space for themselves. While the crown may not have been under threat yet, the 2024 Creta is more than likely to extend its lead in the Indian automotive market.

First launched in 2015, Creta galvanised the mid-size SUV space which at that point in time had the likes of Ford EcoSport and Renault Duster. Both EcoSport and Duster have since disappeared, replaced by options like Kia Seltos, MG Hector, Tata Harrier, Mahindra Scorpio-N, Maruti Suzuki Grand Vitara, Toyota Urban Cruiser Hyryder, Volkswagen Taigun and Skoda Kushaq. Each of these models are power players in their own right but Creta continues to sell by the truckloads and the updated version is likely to further prospects.

2024 Hyundai Creta launch

The update to Creta has been awaited for quite a long time. Once Kia drove out the updated Seltos earlier this year, it was only a matter of time before Hyundai fired back too.

Spy images of a camouflaged Creta have repeatedly surfaced in recent weeks as the SUV undergoes testing in India. What is evident from these is that the new 2024 Hyundai Creta will sport an updated grille and other minor design tweaks on the outside. In the cabin, the dashboard layout has been refreshed while the screens are likely to be updated too. There will also be dual-tone seats on offer while a 360-degree camera and ADAS technology are almost certain too.

In terms of engine options, Hyundai is likely to push out the model with three choices – 1.5-litre naturally-aspirated petrol motor, 1.5-litre turbocharged petrol unit and a 1.5-litre CRDi diesel unit. There will also be multiple transmission choices.

2024 Hyundai Creta vs rivals

What is likely to hold the new Creta in good stead is the enormous popularity it has enjoyed for nearly a decade in the Indian market. Backed by Hyundai’s extensive sales and service network, the SUV could be the biggest blockbuster of 2024. But unlike previous times, the competition is red hot. The likes of Grand Vitara and Hyryder offer strong hybrid technology. The Seltos is still quite new and has been received well by potential buyers because of its catchy new styling and updated feature list. Taigun and Kushaq underline their safety credentials while Harrier has assumed an even more macho exterior style in its latest update. As for Scorpio-N, it continues to boast of a very solid road presence that is quite liked by those who prefer an SUV body type.

First Published Date: 29 Dec 2023, 13:57 PM IST



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Hyundai Creta 2024 facelift SUV spotted again ahead of launch. Check interiors

Hyundai Creta 2024 facelift SUV spotted again ahead of launch. Check interiors


Hyundai Creta facelift SUV, all set for launch next month, has once again been spotted testing on Indian roads. The latest spy shot has revealed more details about the Creta 2024 SUV which will make India debut on January 16. The test mule caught on camera offered a brief look at its new dashboard layout with the screens and instrumentation details. This will be the first major facelift of the Creta since it was updated last back in 2020. It will renew rivalry with the likes of Kia Seltos, Maruti Suzuki Grand Vitara, Honda Elevate among others in the compact SUV segment.

Hyundai Creta 2024 facelift SUV was spotted testing ahead of its launch next month. The spy shot offers first glimpse at the interior of the upcoming SUV.

The latest spy shot confirms that the upcoming Hyundai Creta will get a new dashboard layout with updated screens and features. The video, which offers a brief glimpse into the interior of the SUV, shows a new steering wheel setup as well. It is similar to the one Hyundai introduced in the new Verna. The digital instrument cluster is also going to be new, something closer to the one seen inside the Alcazar SUV. The infotainment screen is also expected to be updated with new features.

Earlier spy shots hint at more changes inside the cabin of the Creta 2024 SUV. It is likely to come with an all-black theme and dual-tone seats. One of the changes seen inside is that passengers at the rear will also get headrests. Among other features, the new Creta is expected to come with ventilated front seats, 360 degree camera as well as ADAS technology sourced from models like Verna or Tucson.

According to earlier spy shots, the upcoming Creta facelift SUV will have design elements similar to Palisade, Hyundai’s global SUV. It will get vertical LED light setup along with parametric grille at the front. At the rear, besides the updated light setup, the Creta will also get sequential turn indicators. Spy shots have revealed that the new Hyundai Creta SUV will also get connected LED taillight unit. The existing version of the Creta does not come with this feature. The new Creta will join the ranks of Kia Seltos, Tata Harrier and others to introduce this feature in the upcoming version.

Also Read : Kia Sonet facelift booking begins – Check variants, colours, engine you should pick

Under the hood, Hyundai is likely to offer the new Creta SUV with at least three powertrain options. These include a 1.5-litre naturally aspirated petrol engine, a 1.5-litre turbocharged petrol unit and a 1.5-litre diesel engine. Expect these units to come mated with multiple transmission options which will include a six-speed manual, six-speed automatic and a 7-speed DCT for the turbo unit.

Hyundai Creta is currently available in India at a starting price of 10.87 lakh (ex-showroom). The launch price of the new Creta is likely to remain under 11 lakh.

First Published Date: 27 Dec 2023, 11:27 AM IST



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Honda Elevate sales touch 20,000 units since launch, more orders for CVT

Honda Elevate sales touch 20,000 units since launch, more orders for CVT


Honda Cars India Ltd. has announced that the new Elevate SUV sales have crossed the 20,000 units milestone in 100 days since the launch. The all-new Honda Elevate arrived in showrooms in September this year commencing a new era for the Japanese automaker in the country. The strong response to the offering amidst established competition will help solidify its presence in the segment.

By: Sameer Fayaz Contractor
| Updated on: 17 Dec 2023, 11:29 AM

Honda says it is adjusting production for the automatic variants of the Elevate, which are in more demand

Honda said that the new Elevate accounted for over 50 per cent of total sales for the company in the last three months. It has also helped HCIL’s sales grow by 11 per cent between September and November year-on-year. The company also revealed that the CVT automatic remains in higher demand on the SUV.

Also Read : Honda Elevate EV to get an electric avatar by 2026, four more SUVs to come by 2030

Honda Elevate first drive review
The Honda Elevate has been off to a good start in the highly competitive compact SUV segment

Speaking about the promising start for the Elevate, Yuichi Murata, Director of Marketing and Sales – Honda Cars India Ltd., said, “We are thrilled to witness the remarkable success of the Honda Elevate, which has surpassed our expectations. The 20,000 sales milestone of Elevate in the first 100 days of launch is a proud moment for us and reflects the trust & preference of our valued customers, making us a notable contender in the industry. Furthermore, we have maximised the production of the Elevate to serve our waiting customers as early as possible and adjusted the variant mix to align with the market demand which is overwhelmingly high for CVT variants currently.”

Designed with the concept of ‘Urban Freestyler’, the Honda Elevate boasts a bold and masculine design and is equipped with a powerful 1.5L i-VTEC petrol engine paired with 6-speed MT and 7-speed CVT automatic transmissions.

The Honda Elevate competes in a highly crowded segment comprising the Kia Seltos, Hyundai Creta, Volkswagen Taigun, Skoda Kushaq, MG Astor, Maruti Suzuki Grand Vitara, Toyota Urban Cruiser Hyryder, and more. The competitive pricing has been a major selling point and so has the addition of essential features without going overboard. It’s also a fairly spacious offering in the front and rear.

Watch: Honda Elevate SUV: First drive review

The Honda Elevate comes with ADAS, a floating touchscreen infotainment system with Apple CarPlay and Android Auto, LED headlights, electric sunroof and more. Prices for the Elevate start from 11 lakh, going up to 16 lakh (ex-showroom, Delhi). The introductory prices are valid till the end of December 2023. Honda India also exports the SUV to several markets internationally including Japan.

First Published Date: 17 Dec 2023, 11:29 AM IST



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Nissan Qashqai and Juke EVs to be manufactured in UK, say reports

Nissan Qashqai and Juke EVs to be manufactured in UK, say reports


Japanese auto giant Nissan Motor is likely to manufacture the electric versions of its two India-bound models Qashqai and Juke in United Kingdom. According to reports by British broadcaster Sky News, the Japanese carmaker will announce the development tomorrow, November 24. It is expected that these two models will be made at the carmaker’s UK plant located in Sunderland. Both these models were showcased in India last year in their ICE avatar along with the new generation X-Trail SUV. Qashqai and Juke are expected to hit Indian roads soon.

By: HT Auto Desk
| Updated on: 23 Nov 2023, 13:50 PM

Nissan Motor had showcased the Qashqai and Juke, along with the new generation X-Trail SUV as the three upcoming models for India.

Rishi Sunak, Prime Minister of UK, is expected to visit Nissan Motor’s facility in northern part of the country on Friday. He is expected to be present when the announcement will be made by Makoto Uchida, CEO at Nissan Motor. Earlier in September, Nissan Motor had confirmed that two of its upcoming electric vehicles will be manufactured at its UK facility. According to reports cited by news agency Reuters, Nissan Motor is likely to invest $1.25 billion in UK to manufacture new electric vehicles. However, the carmaker is yet to confirm which two models will be manufactured there.

Nissan Motor showcased the ICE and hybrid versions of the Qashqai and Juke in India in October last year. The Juke is smaller in size compared to Qashqai, and could rival the likes of Creta and Seltos when launched in India. Qashqai could aim at the popularity of Harrier and others. The carmaker is currently testing the road feasibility of these models. The Qashqai has already been spotted on Indian roads during test runs.

Also watch: Top highlights of the Nissan Qashqai showcased in India

Nissan offers the Qashqai SUV with petrol engine mated to a hybrid system. The 1.3-litre turbocharged engine can generate up to 140 bhp of power and 156 Nm of peak torque. The transmission job is handled by Nissan’s Xtronic CVT gearbox. Nissan also offers a 1.5-litre unit mated to an ePower gearbox with Qashqai. This engine is capable of generating 156 bhp of power. Nissan Juke comes with a 1.00-litre petrol engine, mated to either a 6-speed manual or a 7-speed DCT gearbox. The engine can generate 115 bhp of power and up to 200 Nm of peak torque.

First Published Date: 23 Nov 2023, 13:50 PM IST



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Rumion CNG MPV has the longest waiting period among all Toyota cars

Rumion CNG MPV has the longest waiting period among all Toyota cars


Planning to drive home in a new Toyota car? Your wait may extend way beyond 2023 and may go up till Diwali next year on certain models. The carmaker has revealed the tentative waiting periods for all its models. Some of the cars, including the likes of newly-launched Rumion and Innova HyCross MPVs, have their waiting period stretching more than 12 months on certain variants. Here is a quick look at the Toyota cars for which your wait could get stretched to about a year or more.

By: HT Auto Desk
| Updated on: 06 Nov 2023, 13:19 PM

Toyota Rumion and Innova HyCross are two models among its cars which currently comes with a waiting period of more than a year depending on variants.

Toyota Rumion CNG

The CNG version of Toyota’s latest MPV has more demand than its standard version. The Maruti Ertiga-rival, launched in August this year at a starting price of 10.29 lakh (ex-showroom), is sold in petrol and CNG variants. The waiting period on the Rumion CNG could go up to 18 months, or one and a half years, depending on where the buyer has booked it. Due to high demand, Toyota had to temporarily halt bookings for the Rumion E-CNG variant in September. Rumion draws power from the 1.5-litre K-Series petrol engine paired with manual and automatic transmission options.

The CNG version of Toyota’s compact SUV Urban Cruiser HyRyder has the second longest waiting period among models the Japanese carmaker offers in India. According to the carmaker, one may have to wait up to 16 months to drive home the E-CNG HyRyder SUV. In January this year, Toyota introduced the CNG avatar of the HyRyder SUV at a staring price of 13.23 lakh (ex-showroom). The SUV, rival to Maruti Suzuki Grand Vitara and Hyundai Creta among others, is powered by a 1.5-litre K-Series engine mated to a five-speed manual gearbox. The CNG variant claims to offer 26.6 km/kg fuel efficiency.

Toyota Innova HyCross hybrid

The strong hybrid version of the Innova HyCross has its waiting period stretching up to 15 months. The MPV, Toyota’s best-selling model in India, is offered in both petrol as well as strong hybrid versions. Toyota had launched the Innova HyCross in India in December last year with the strong hybrid variants priced from 24.01 lakh (ex-showroom). It rivals with the likes of Maruti Suzuki Invicto, which is essentially based on the HyCross model. The self-charging hybrid powertrain is mated to a 2.0-litre 4-cylinder petrol engine that produces 181 bhp and promises fuel economy of 23.24 kmpl.

Watch: Toyota Innova HyCross First Drive Impressions

Toyota Vellfire

Vellfire, the most expensive model from the Japanese auto giant in India, also has a long waiting period. According to Toyota, one may have to wait for around 15 months to get a new Vellfire delivered, depending on the location of purchase.

First Published Date: 06 Nov 2023, 13:19 PM IST



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Hyundai India is betting big on SUVs to boost its sales in 2023

Hyundai India is betting big on SUVs to boost its sales in 2023


Hyundai Motor India Ltd is on track to achieve more than 60 per cent of its total domestic sales from SUVs this year with models like Creta and Exter. In an interaction with PTI, Hyundai Motor India’s COO Tarun Garg has revealed this. Clearly, the South Korean auto manufacturer is betting big on SUVs to boost its sales.

By: HT Auto Desk
| Updated on: 05 Nov 2023, 16:45 PM

Hyundai is betting big on models like Creta and Exter.

The Indian market has been witnessing a rapid surge in demand for SUVs and MPVs over the last few years. Several automakers present in India, including Hyundai, have been trying to encash this demand for SUVs. The automaker has launched the new Exter in India. Besides that, the Creta has been one of the consistently well-performing SUVs in India.

Speaking about the automaker’s strategy, Garg said that, with exports accelerating in the last three months, Hyundai is confident of sustaining its overseas shipments momentum despite concerns over the global geopolitical situation, while the brand is hopeful that SUVs will contribute to more than 60 per cent of total sales in the domestic market. “We will end up with more than 60 per cent at the end of the year which is what we said at the beginning of the year. We are now almost reaching there,” Garg reportedly said.

Watch: Hyundai Exter SUV: First Drive Review

The Hyundai COO has said that SUV contribution to the automaker’s total passenger vehicle sales in India has moved up to 63 per cent in October. Also, in this financial year, between April and October, sales of its SUVs have been up by 59 per cent as against the industry SUV percentage of 48 per cent. “For us, the good thing has been that SUV contribution has moved to 63 per cent in October and year-to-date at 59 per cent as against industry SUV percentage of 48 per cent. So that has really helped us to outperform the industry in terms of January to October numbers,” he added.

Hyundai Motor India Ltd (HMIL) clocked a total sales of 68,728 units in October 2023 as compared to 58,006 units in the same month a year ago, registering a growth of 18.48 per cent. In the January-October period this year, total sales stood at 6,43,535 units as against 5,78,956 units in the year-ago months, a growth of 11.15 per cent. In the Indian market, sales during the period were at 5,09,910 units as compared to 4,65,678 units in the corresponding period last year, up 9.49 per cent.

First Published Date: 05 Nov 2023, 16:45 PM IST



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Hyundai Exter receives more than 50,000 bookings, AMT is in demand

Hyundai Exter receives more than 50,000 bookings, AMT is in demand


Hyundai Motor India Limited (HMIL) has announced that they have received more than 50,000 bookings for the Exter. Bookings grew from 10,000 to 50,000 in just 30 days of launch. Hyundai has also revealed that more than one-third of the bookings are for the AMT variants. Hyundai Exter’s main rival is the Tata Punch. The Exter is currently priced between 6 lakh and 10 lakh. Both prices are ex-showroom and introductory.

By: Paarth Khatri
| Updated on: 09 Aug 2023, 14:21 PM

Hyundai Exter is the tallest and has the longest wheelbase in its segment. (HT Auto/Sabyasachi Dasgupta)

The Exter is being sold in seven variants. There is EX, EX(O), S, S(O), SX, SX(O) and SX(O) Connect. Hyundai Exter is offered with a 3-year (unlimited kilometres warranty) along with an option of 7 years of extended warranty. The micro SUV is available with 6 Monotone and 3 Dual tone exterior colour options.

The Exter really made a mark in the market by offering several segment-first features. It comes with footwell lighting, metal pedals, a shark-fin antenna, a smart electric sunroof, a dashcam with dual cameras, a wireless charger, rear AC vents, premium floor mats, paddle shifters, on-board navigation and support for multiple languages.

Powering the Exter is a 1.2-litre, four-cylinder naturally aspirated engine that is doing duty on other Hyundai models. It produces 81.86 bhp of max power and 113.8 Nm of peak torque. While running on CNG, these figures are reduced to 68 bhp and 95.2 Nm. The max power arrives at 6,000 rpm while the peak torque output arrives at 4,000 rpm.

The Petrol powertrain comes mated to a 5-speed manual gearbox or a 5-speed AMT. The CNG powertrain only gets a 5-speed manual gearbox. The engine is quite smooth and refined. Moreover, the manual gearbox also slots in with a positive feel and while the AMT gearbox shifts with a minimal head nod, making it one of the best AMTs in the market. Interestingly, the Exter AMT is also offered with paddle shifters.

Watch: Hyundai Exter SUV: First Drive Review

Commenting on the announcement, Mr. Tarun Garg, COO, Hyundai Motor India Ltd., said, “With Hyundai EXTER, we have continued our pursuit of democratizing advanced technology, superior quality, next-gen features, safety and comfort for customers. This SUV has redefined benchmarks in the country and offers customers superior safety with 6 Airbags as standard and ESC, VSM, HAC available across all trims as option. The response to EXTER is euphoric, so much so that the bookings have zoomed from 10,000 prelaunch to 50,000 plus in less than 30 days of launch. What is also interesting to witness is that the trims with sunroof constitute more than 75% of total bookings signaling a big thumbs up from the customers for the segment raising benchmark features introduced in the EXTER. HMIL would like to sincerely thank our customers for their trust and love for Hyundai EXTER and we are confident that the Hyundai SUV Life will continue to elevate their aspirations.”

First Published Date: 09 Aug 2023, 14:21 PM IST



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Hyundai Creta, Alacazar Adventure Edition launched. Check updates and features

Hyundai Creta, Alacazar Adventure Edition launched. Check updates and features


Hyundai Motor India on Monday officially launched the Creta and Alcazar Adventure Edition in the market here. Both Creta and Alcazar Adventure Editions offer as many as 21 unique features that set each of these apart from the variants sold thus far.

A look at the Adventure Edition versions of the Hyundai Alcazar (left) and Creta.

Hyundai Creta and Alcazar Adventure Edition versions are touted as models meant specifically for buyers who take frequent trips and are looking for a vehicle that not just looks unique but is also capable of taking on less than ideal road conditions.

The Creta and Alcazar Adventure Edition models get specific exterior styling like a rugged door cladding, ‘Adventure’ emblem on the fender, Black front grille with the ‘Hyundai’ logo, model lettering on the rear in dark chrome, ‘Hyundai’ logo in dark chrome, Black fog lamp garnish (on Alcazar only), Black ORVM and Black painted alloy wheels. In the cabin of both models, the updates include dashcam with dual camera, 3D designer ‘Adventure’ mats and sporty metal pedals.

The Creta Adventure Edition is made available on the 1.5-litre petrol with manual transmission and iVT powertrain, and on the SX and SX(O) trims. The Alcazar Adventure Edition on the 1.5 l T-GDi Petrol 7DCT, 1.5 l Diesel 6MT and 6AT powertrains.

Hyundai Creta Adventure Edition pricing

Hyundai Creta Adventure Edition could further bolster sales prospects of the already popular mid-size SUV.
Hyundai Creta Adventure Edition could further bolster sales prospects of the already popular mid-size SUV.

The Creta Adventure Edition is priced at 15.17 lakh for the SX variant and 17.89 lakh for the SX(O) variant (all prices are ex-showroom).

Hyundai Alcazar Adventure Edition pricing

Alcazar could get a much-needed sales boost through the Adventure Edition version.
Alcazar could get a much-needed sales boost through the Adventure Edition version.

The Alcazar Adventure Edition is priced from 19.03 lakh and tops out at 21.23 lakh (all prices are ex-showroom).

Creta & Alcazar Advenuture Edition prices Prices (in Rs)
   
Alcazar 1.5T MT Platinum AE PETROL 19,03,600
Alcazar 1.5T DCT Signature(O)AE PETROL 20,63,600
Alcazar 1.5 MT Platinum AE DIESEL 19,99,800
Alcazar 1.5 AT Signature(O) AE DIESEL 21,23,500
   
Creta 1.5 MPi MT SX AE PETROL 15,17,000
Creta 1.5 MPi IVT SX(O) AE PETROL 17,89,400
  (ex-showroom)

Hyundai Creta and Alcazar Adventure Edition colours

The Creta Adventure Edition will be offered with 4 Monotone (Abyss Black, Atlas White, Titan Grey & new Ranger Khaki) and 2 Dual Tone color options (Atlas White with Abyss Black & new Ranger Khaki with Abyss Black).Alcazar Adventure Edition will be offered with 4 Monotone (Abyss Black, Atlas White, Titan Grey & new Ranger Khaki) and 3 Dual Tone color options (Atlas White with Abyss Black, new Ranger Khaki with Abyss Black & Titan Grey with Abyss Black).

First Published Date: 07 Aug 2023, 14:07 PM IST



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Creta, Venue SUVs help Hyundai India to sell over 66,000 cars in July

Creta, Venue SUVs help Hyundai India to sell over 66,000 cars in July


Hyundai Motor India Ltd (HMIL), on Tuesday, announced that it cumulatively sold 66,701 cars in July 2023. This marks a 4.46 per cent growth compared to the South Korean automaker’s sales numbers posted in July last year when it registered 63,851 units. In the domestic market, Hyundai India recorded 50,701 units in July this year, registering a marginal growth as compared to 50,500 units sold in the same month a year ago.

By: HT Auto Desk
| Updated on: 01 Aug 2023, 12:46 PM

The range of SUVs has helped the automaker to post significant growth in sales in July 2023.

While domestic market sales for Hyundai India have witnessed marginal growth, export numbers for the car manufacturer have seen a substantial surge in sales with 16,000 units sold last month, up by 19.84 per cent from 13,351 units sold in the same month a year ago.

Also Read : Hyundai Creta Adventure and Alcazar Adventure trademarked: Will launch soon

Watch: Hyundai Exter SUV: First Drive Review

Commenting on the sales performance of the automaker, Tarun Garg, COO of Hyundai Motor India Ltd., said that July 2023 marked a significant milestone for the automaker. He attributed the sales performance of the automaker to the range of SUVs sold by the company in India, which include popular models like Creta, Venue alongside Tucson, Alcazar, Kona Electric etc.

Garg also hopes that the automaker would be able to post even better sales results in the coming days buoyed by the newly introduced Exter. The upcoming festive season too is expected to help the automaker to post even better sales results, hopes the Hyundai official. “July 2023 marks a significant milestone in Hyundai Motor India’s journey in India. Our Domestic July Sales volume of 50 000 plus units is backed by a strong SUV portfolio. This has been bolstered by the addition of Hyundai Exter to an already strong SUV line-up led by brands like Creta, Venue, Venue N-Line, Tucson, Alcazar, Kona Electric and all-electric SUV Ioniq5. With the semiconductor supply issues more or less behind us, we are all geared up for the upcoming festive season in India starting with Onam in Kerala,” he said.

First Published Date: 01 Aug 2023, 12:46 PM IST



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Honda Elevate SUV has waiting period of nearly four months even before launch

Honda Elevate SUV has waiting period of nearly four months even before launch


Honda Cars is all set to launch the Elevate SUV, its first in years in India, weeks before the upcoming festive season. The Japanese auto giant has already started to accept bookings for the Hyundai Creta, Kia Seltos rival. According to latest information, the Elevate SUV has already garnered a healthy number in terms of bookings. In fact, sources say that one may have to wait up to four months to drive home the latest Honda SUV once it hits the roads.

By: HT Auto Desk
| Updated on: 28 Jul 2023, 12:37 PM

Honda Cars is expected to launch the Elevate SUV ahead of the festive season. The Elevate will be the only SUV in Honda’s lineup for India.

Honda Elevate SUV is expected to launch in India in September. The bookings for the Elevate SUV was opened in July by the carmaker. Honda Elevate SUV made its official debut in June. It is the first compact SUV from the Japanese carmaker in India, which has been developed specifically for the Indian customers and will hit be launched here first ahead of other countries. Honda’s foray into the compact SUV segment is relatively late considering how some of the Korean rivals as well as fellow Japanese carmakers have already got a stronghold in the segment.

Honda will offer the Elevate SUV in four variants called the SV, V, VX and ZX. The Elevate SUV will be offered in seven single colour options which include Platinum White Pearl, Lunar Silver Metallic, Obsidian Blue Pearl, Radiant Red Metallic, Golden Brown Metallic, Meteoroid Gray Metallic and Phoenix Orange Pearl. There will be three dual-tone options available on the CVT variants which include Phoenix Orange Pearl with Crystal Black Pearl Roof, Platinum White Pearl with Crystal Black Pearl Roof and Radiant Red Metallic with Crystal Black Pearl Roof.

Under the hood, the Elevate SUV will be offered with a 1.5-litre DOHC i-VTEC petrol engine, which is also used for the Honda City sedan. This engine churns out 121 PS of power and 145.1 Nm torque. The engine is available with a six-speed manual gearbox and there is an advanced CVT on offer. Honda has recently revealed the fuel efficiency figures of the Elevate SUV. Honda says that the Elevate SUV has a mileage of 15.31 kmpl in manual variants while the CVT versions will offer 16.92 kmpl of mileage.

Watch: Honda Elevate SUV unveiled in India: First Look

In terms of size, the Honda Elevate SUV is bigger than Hyundai Creta. It stands 4,312 mm in length, 1,790 mm in width and 1,650 mm in height along with 220 mm of ground clearance, which is around 30 mm more than the Korean rival. The Elevate also offers 458 litres of boot space.

Honda Elevate will also become the latest compact SUV to offer ADAS through its Honda Sensing technology, also used in City. In fact, the Elevate SUV is going to be the only model in India to be offered with ADAS functionality even in the manual variants.

First Published Date: 28 Jul 2023, 12:37 PM IST



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