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Hyundai's Venue becomes leader in utility vehicle segment despite slowdown

The sale of Venue grew by 9.3 per cent to 9,585 units in July 2019, as compared to 8,763 units in the previous month

Hyundai Venue
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Hyundai Venue has had 50,000 bookings since May 21 .

T E Narasimhan
Hyundai Motor India Limited's (HMIL) recently launched Sports Utility Vehicle (SUV) Venue has become the highest selling car in Utility Vehicle (UV) segment, overtaking its competitors Maruti Suzuki and Mahindra, despite overall downturn in the automobile industry in India. Hyundai's SUV marketshare has grown to 21 per cent with the combined sale of Venue, Creta and Tucson, said the company.

According to data available, Venue has seen an increase in sale from May, 2019 and has overtook Maruti's Brezza in July, 2019. The sale of Venue grew by 9.3 per cent to 9,585 units in July 2019, as compared to