Will retain top SUV rank: Hyundai

NEW DELHI: Having dominated the segment in 2021 with the sale of over 2.5 lakh SUVs, Hyundai Motor India looks to maintain its leadership in the segment this year as demand for its models like Creta and Venue continues to be robust, according to a senior company official.

The auto major has led the sports utility vehicle (SUV) space in the country for two consecutive years now (2020 and 2021) and now expects to dominate the segment in 2022 as well.

The company sold 1.8 lakh SUVs in 2020 and has closed 2021 with a dispatch of 2.52 lakh units. The SUV sales have been growing in the country at a fast clip. In 2020, SUVs accounted for around 29% of overall passenger vehicle sales. The share has gone up to 37% in 2021.

In an interaction with PTI, Hyundai Motor India Director (Sales, Marketing and Service) Tarun Garg said the company is confident of sustaining its leadership in the segment this year as well. “We have the technology, we have design and we have products. The company has managed to create a great SUV customer base.

“Over the past five years, we have sold over 8.34 lakh SUVs. So, we feel confident that we should continue to do well as far as the SUV space is concerned. We have a complete range which puts us in an advantageous position,” he noted.

Garg stated that the SUV segment continues with its unabated growth and the company is well-positioned to lead the space. He noted that the shift towards SUVs would continue in the domestic market as the vehicles have become a status symbol for buyers.