Surging demand for India’s best-selling midsize SUV, particularly after the new Creta was launched on January 16, sees it achieve 100,000 -unit sales in a scant six months. This makes it the fastest in its segment to hit the 100,000 milestone and in half the time the Maruti Grand Vitara took.
26 Jul 2024 | 11031 Views | By Ajit Dalvi
The new Hyundai Creta, launched in India on January 16, 2024, has sold over 100,000 units, as per Hyundai Motor India, in just six months. This makes it the fastest midsize SUV in India to achieve the milestone, going ahead of theMaruti Grand Vitara which took 12 months ...
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The new Hyundai Creta, launched in India on January 16, 2024, has sold over 100,000 units, as per Hyundai Motor India, in just six months. This makes it the fastest midsize SUV in India to achieve the milestone, going ahead of the Maruti Grand Vitara which took 12 months to hit 100,000.
As per SIAM industry sales data, between January and June 2024, monthly dispatches of the New Creta have totalled 91,348 units.
Considering that this Hyundai model, which is India’s No. 1 midsize SUV, has recorded cumulative sales of 46,402 units in the past three months (see data table below), average monthly sales are 15,467 units or 515 units a day. This means an estimated 12,815 new Cretas would have been sold in the first 25 days of July 2024 to comfortably surpass the 100,000 sales milestone.
The Hyundai Creta, which was India’s fourth best-selling SUV in FY2024 with 162,773 units (after the Tata Nexon, Maruti Brezza and Tata Punch) accounted for a 6.45% share of the record utility vehicle sales of 2.52 million units last fiscal. From mid-January 2024, the new Creta has helped to further accelerate demand and the 16,458 units in March 2024 were the model’s best-yet monthly figures.
With 46,402 units sold in the first three months of the ongoing fiscal (April-June 2024), the new Creta accounted for 46% of Hyundai Motor India’s total UV sales of 100,745 units in Q1 FY2025. What’s more, in the overall SUV ladder-board at present, the Creta has moved up one rank to No. 2 position after the Tata Punch and above the Maruti Brezza.
Priced from Rs 13.67 lakh (on-road Delhi) for the entry level for E petrol-manual variant through to the top-end 1.5 CRDi SX(O) AT, which costs at Rs 24.40 lakh (on-road Delhi), the new Creta has 23 variants – 15 petrol and 8 diesel – with five engine and gearbox options. This pricing strategy places the new Creta bang in the middle of the midsize SUV segment, with rivals like the Maruti Grand Vitara and the Citroen C3 Aircross starting lower. While the top-spec petrol-automatic Creta is among the more expensive models, its diesel sibling is priced nearly at par with the Kia Seltos diesel.
Commenting on the achievement, Tarun Garg, COO, Hyundai Motor India, said: "We are thrilled with the remarkable achievement of the new Hyundai Creta 2024. Our SUV has achieved another milestone of one lakh sales, reaffirming its strong fan following in its segment.”
New Creta to hit 200,000 sales by end-2024?
In early February 2024, the Hyundai Creta clocked the 10 lakh or million sales milestone in the domestic market, news which Autocar Professional broke on February 18. The million-unit sales mark was achieved in eight years and five months since the popular SUV’s launch on July 21, 2015. The Creta had clocked 500,000 sales on August 11, 2020, five years after launch. The next half-a-million units were sold in just 41 months or three years and five months, reflecting the sharply increased pace of demand.
In early July 2024, the Maruti Grand Vitara drove past the 200,000 sales milestone in 22 months since launch. Given the scorching pace of consumer demand that the new Creta has generated, it would not be wrong to surmise that the 200,000 sales milestone could be surpassed before the end of CY2024 . . . in half the time the Maruti Grand Vitara took.