Hyundai sells over 1.5 lakh Cretas in less than 2 years

  • Published On: 2 March 2017
  • 1255 Views

The company sold an average of 7,177 units every month since the SUV’s launch

SUV sales have taken off recently in India. Maruti Suzuki’s first compact SUV crossed sales of a lakh within a year of its launch, and Hyundai’s Creta has notched up a milestone of its own.

The company recorded its highest-ever monthly sales of 9,002 units in February 2017. Twenty-one months after it was launched, the Creta has averaged sales of 7,177 units every month.

The Creta is available with a choice of a petrol (123hp, 1.6L) and two diesel (90hp, 1.4L / 128hp, 1.6L) engines.

Hyundai ramped up production by 30 percent to reduce the 10-month waiting period on the SUV. To mark the Creta’s first anniversary, Hyundai rolled out a limited-run First Anniversary Edition as well as newer variants, including a petrol automatic and a more affordable diesel automatic.

The Creta also became the second most sold UV in India in 2015-16 after the Mahindra Bolero, which ended the fiscal with sales of 67,484 units. Out of Hyundai's total 64,796 UVs sold, the Creta accounted for 63,836 units in 2015-16, helping the Korean carmaker overtake Ford India, Renault India and Tata Motors.

The company is eyeing speedier growth in India. It sold 4.84 lakh units in 2015-16 and had a market share of 17.36 percent at the time – its highest yet.

With just the month to go for the end of the fiscal year, Hyundai is well placed to cross its sales target. For the 11-month period of April 2016-February 2017, the company has sold a total of 4,64,948 units. This means it needs sales of 35,052 units in March 2017 alone to reach its target as well as record its best sales in India.

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