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Home Cars

Hyundai’s micro-SUV to compete Renault Kwid; To be launched soon

ahad by ahad
July 31, 2018
in Cars, Hyundai
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Hyundai India recently announced that they will be developing a micro-SUV for India. This upcoming model will be placed under Hyundai’s forthcoming Carlino concept-based car, codenamed – QXI which will be one among the  eight new products for the Indian market schedule to launch  by 2020

Y.K. Koo, Managing Director, and CEO, Hyundai Motor India said,

Maybe later, we can introduce a micro-SUV that is smaller than the QXI. This would enable us to have a strong SUV line-up comprising of the micro SUV, the sub-4 meter QXI and the Creta and then maybe the Tucson.

Hyundai to launch Renault Kwid Rival

The new model is said to be a good three-four years away from production. On the contrary, a bulk volume product like an affordable micro-SUV will require additional production facility. The company’s current plant is running beyond its installed capacity of 700,000 units a year on a three-shift basis. So, an additional capacity before 2020 is very unlikely.

India, on the other hand, has got a booming market in the SUV space. The brand’s Creta model has been a big-seller since 2015. Hyundai also enjoys a huge amount of success in the small car segment largely because of its modern-looking cars such as the i10 and Elite i20.

The cars in the company’s portfolio have low maintenance, excellent mileage and are also easy to drive in city conditions. The new micro-SUV isn’t expected to be any different. As of now, the company is going to launch their new small car (Santro) during the upcoming festive season.

 

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