New delhi sources have stated that hyundai Motor india looks to strengthen its presence in the fast growing segment. The company, which on monday has catapulted all new Tuscon with an introductory price ranging between Rs 18.99 lakh and Rs 24.99 lakh (ex-showroom Delhi), has already three SUV models in its portfolio, including Creta and Santa Fe.
hyundai Motor india Ltd MD & CEO has told "We aim to catapult an entry level SUV in the first half of 2019. It will be below Creta. So, we will have four SUVs in our product range and SUV sales have been growing all over the globe, including china and europe, and are also going to be a very popular segment in india as well.
hyundai is currently developing a sub 4-metre compact SUV in order to fill the gap that lies below Creta. It had showcased concept compact SUV Carlino at the auto Expo this year in February. When asked about vehicles with alternate fuels, Koo said the company has asked its global R&D centre to look into possible models for the country.Koo has said hyundai has strong portfolio of electric and hybrid vehicles. We are planning to unveil a hybrid product during the 2018 auto Expo and the catapult of third generation all new Tuscon will create a benchmark by giving hyundai experience to the aspiration of indian customers.
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