Hyundai Creta has registered a sales decline of 25 percent in June 2019 and the newly launched Hyundai Venue and MG Hector could be the reason for this decline
India’s most popular mid-SUV, Hyundai Creta is the most preferred budget yet premium SUV, a trend we have seen for years now. In fact, even after being priced at least Rs 2 Lakh more than the Maruti Suzuki Brezza and Rs 3 Lakh more than its younger sibling Hyundai Venue, the Creta still commands a demand equivalent to the above mentioned affordable offerings.
However, the Hyundai Creta sales have declined in the June 2019 sales data and the reasons can either be the introduction of the more affordable Hyundai Venue and feature-packed MG Hector or the overall sales slump in the Indian automotive industry.
Hyundai managed to sell 8,334 units of the SUV in June 2019 as against 11,111 units in June 2018, a massive 25 percent decline. If we see the whole mid-SUV segment sales as a whole, the Hyundai Creta mirrors the overall sales decline of 31 percent. A total of 17,306 units were sold in June 2019 as against 24954 units in June 2018.
Talking about the Hyundai Venue, it starts at only Rs 6.5 Lakh (ex-showroom) and offers the same design language of Hyundai Creta, but with a smaller size. The features list is also exhaustive, a reason why Hyundai managed to sell 8,763 units of its compact SUV.
The MG Hector, on the other hand, was launched only last month and has been priced at Rs 12.18 Lakh (ex-showroom). While the sales data of MG Hector will be out next month, more than 12000 bookings have already been received for the premium SUV and it may further dent the sales of Hyundai Creta.
The Hyundai Creta is powered by a 1.6-litre petrol engine and two diesel engine options – a 1.4-litre and 1.6-litre diesel units. With the arrival of the BS-VI emission norms, Hyundai will replace the existing Creta with a new model, which has been spotted testing internationally as ix25.
The new Hyundai Creta will look more premium and get features like BlueLink connected technology. These changes to the Hyundai Creta and the increase in demand for cars during the festive season might revoke the sales of the SUV.