South Korean carmaker Hyundai will venture into a new segment of seven-seater SUVs with the Alcazar.
The company believes that the new product will help it to strengthen its dominating market share in the SUV segment- which is the fastest growing space in India’s auto industry. Hyundai Motor Group emerged on top of the SUV sales charts for Calendar Year 2020 with Hyundai and Kia dominating the proceedings. Hyundai Motor India Limited (HMIL) sells Venue, Creta and Tucson in the domestic market
“A lot of our last year launches were segment creators. Similar to this we believe that the new

)