Home Car News Hyundai Creta sales decline result in first ever discount offers on Creta

Hyundai Creta sales decline result in first ever discount offers on Creta

Hyundai Creta

Once the top selling Hyundai car, Creta has lost sales in recent months. It’s partly due to slowdown and partly due to launch of new products such as Kia Seltos, MG Hector. In August, Creta sales stood at 6,001 units, down -42.26% YoY and -8.87% MoM. Sales in June and July were 8,334 and 6,585 units respectively.

To boost sales during the festive season, Hyundai has introduced attractive discounts and benefits worth around Rs 95,000 including 1-year free extended warranty and roadside assistance. This includes Rs 50,000 cash discount and Rs 30,000 exchange offer.

Creta had once ruled the midsize SUV segment, but it’s no match for new products like Seltos and MG Hector. In the list of bestselling SUVs in August 2019, Creta is ranked at number fourth position. SUVs ahead of Creta in August include Kia Seltos (6,236 units), Maruti Brezza (7,109) and Hyundai Venue (9,342). Below are the top selling SUVs in India.

SUV sales report Aug 2019

MG Hector could also have raced ahead of Creta, but it currently has limited production capacity of 2-3k per month. As a result, MG Hector was ranked at 10th place with sales of 2,018 units even though it has received bookings of more than 39k.

Next-gen Creta is still around a year away, which presents a challenging proposition for current generation model. However, discounts and benefits may help get sales ticking in the coming months. Next-gen Creta has already made its debut in China, where it is marketed as ix25. Spy shots have revealed that Indian-spec 2020 Creta has the same design and styling as that of new ix25 in China.

Next-gen Creta design has been significantly revamped, as per Hyundai’s latest design philosophy. We have already seen this with new products like Venue. 2020 Creta is longer and wider than current model and also has a longer wheelbase.

Interiors now look a lot more spacious with wide front windows and windscreen. There’s a large vertical standing touchscreen and all button have been removed from the dashboard to achieve a futuristic look and feel.

New Creta will borrow its engines from Kia Seltos, which include a 1.4-litre turbocharged petrol, a 1.5-litre petrol and a 1.5-litre diesel engine. Next-gen Creta is expected to be launched at 2020 Auto Expo. Price could be around Rs 10-16 lakh. 2020 Creta will continue to rival the likes of Kia Seltos, MG Hector, Tata Harrier, Jeep Compass, Renault Captur and Nissan Kicks.

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