The SUV segment in India is expected to grow at a CAGR of 7% to 9% from FY24 to FY29
Hyundai has launched its micro SUV Exter which is a rival to Tata's Punch. So far, the Exter has been received very well with waiting periods for some variants going up to one year
Sales of Santro, once a runaway bestseller whose tall-boy design changed the dynamics of the small car market, have slowed in recent months. Is it just a reflection of current trends?
Mumbai, 31 OctoberThe entry-level variants of Made in India models from Maruti Suzuki, Hyundai Motor and Datsun score poorly in the latest round of crash testing conducted by Global NCAP (New Car Assessment Programme), a UK-based not-for-profit entity. It says there is ample scope for improving safety in these models. India has one of the largest number of road collisions in the world. The official count of accidents on the roads in 2018 was 461,000. That's an hourly average of about 53 or nearly one every second.While the WagonR and Ertiga received two stars and three stars out of five, respectively, the Santro and redi-GO got two and one star, respectively. The sixth round of the test, conducted as part of the 'Safer cars for India campaign' launched by Bloomberg Philanthropies and the FIA Foundation-backed GNCAP, chose the entry-level version of each model. As a result, only the Ertiga was fitted with at least two airbags as standard; the other models offered only a driver airbag. .
Hyundai has invested about Rs 7.4 billion over last three years to develop the Santro, which has got advance bookings of over 23,500 units in just thirteen days
Hyundai retains the name, adds an 'all new' tag to mark its flagship brand's new avatar. Launch date: October 23. Expected price: Rs 370,000