{"id":128132,"date":"2022-07-04T09:22:59","date_gmt":"2022-07-04T09:22:59","guid":{"rendered":"https:\/\/fin2me.com\/?p=128132"},"modified":"2022-07-04T09:22:59","modified_gmt":"2022-07-04T09:22:59","slug":"suvs-drive-hyundai-indias-diesel-model-sales-to-three-year-high","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/suvs-drive-hyundai-indias-diesel-model-sales-to-three-year-high\/","title":{"rendered":"SUVs drive Hyundai India’s diesel model sales to three-year high"},"content":{"rendered":"

A strong demand for diesel SUVs has bumped up the contribution of these variants to Hyundai Motor India’s sales to a three-year high, a company top official told Business Standard<\/em>.<\/p>\n

The local arm of the South Korean carmaker has benefitted after some leading manufacturers — including car market leader Maruti Suzuki — pulled the plug on diesel models amid tightening regulations.<\/p>\n

Hyundai has also gained from the changing travel preference —people are frequenting getaways and taking to the road a lot more than what they did before the pandemic. This trend has been fuelling overall SUV sales.<\/p>\n

SUVs outpaced hatchbacks with a contribution of 41 per cent to passenger vehicle sales in the first five months of 2022.<\/p>\n

The share of the latter stood at 35 per cent.<\/p>\n

The share of diesel variants in the overall sales mix at Hyundai rose to 27.4 per cent in the first five months of the current calendar year (CY).<\/p>\n

It was 26.9 per cent in CY 2019, said Tarun Garg, director of sales and marketing at Hyundai Motor India.<\/p>\n

This came even as the contribution of diesel variants in the passenger vehicle market saw a decline from 32.8 per cent to 19.5 per cent in the same period.<\/p>\n

“Diesel models contributed close to 46 per cent of the overall SUV sales at Hyundai in the first five months of 2022.<\/p>\n

“This is against 40 per cent in the whole of 2021,” said Garg.<\/p>\n

The clear strategy with regard to fuel type — diesel and petrol — for executive sedans and SUVs as well as petrol and CNG variants for the entry-level models has paid off, he said.<\/p>\n

The trend is clearly pronounced in the recently-launched Venue, for which the company has received over 27,000 bookings till recently.<\/p>\n

Of this, the contribution of diesel is 33 per cent, up from 23 per cent for the outgoing model.<\/p>\n

“With fuel prices going up, demand for diesel models — which are more fuel efficient than their petrol counterparts, have gained traction,” said Garg.<\/p>\n

Also, people are driving a lot more in the post-Covid world as they are taking frequent breaks.<\/p>\n

Other SUVs in the portfolio — with the exception of the Tucson — have also seen the contribution of diesel climbing up in the sales mix.<\/p>\n

The Tucson has seen a marginal drop in diesel variant sales from 67 per cent to 64 per cent in the five months to May 2022 from calendar year 2021.<\/p>\n

It’s 78 per cent for Alcazar in the five months to May against 69 per cent in calendar year 2021.<\/p>\n

In this period, it was 60 per cent for the Creta against 53 per cent, and 49 per cent for the Verna against 36 per cent.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A strong demand for diesel SUVs has bumped up the contribution of these variants to Hyundai Motor India’s sales to a three-year high, a company […]<\/p>\n","protected":false},"author":3,"featured_media":128131,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"\nSUVs drive Hyundai India's diesel model sales to three-year high - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/suvs-drive-hyundai-indias-diesel-model-sales-to-three-year-high\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SUVs drive Hyundai India's diesel model sales to three-year high - Fin2me\" \/>\n<meta property=\"og:description\" content=\"A strong demand for diesel SUVs has bumped up the contribution of these variants to Hyundai Motor India’s sales to a three-year high, a company [...]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fin2me.com\/business\/suvs-drive-hyundai-indias-diesel-model-sales-to-three-year-high\/\" \/>\n<meta property=\"og:site_name\" content=\"Fin2me\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-04T09:22:59+00:00\" \/>\n<meta name=\"author\" content=\"Mark\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/fin2me.com\/wp-content\/uploads\/2022\/07\/SUVs-drive-Hyundai-Indias-diesel-model-sales-to-three-year-high.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Mark\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/fin2me.com\/business\/suvs-drive-hyundai-indias-diesel-model-sales-to-three-year-high\/\",\"url\":\"https:\/\/fin2me.com\/business\/suvs-drive-hyundai-indias-diesel-model-sales-to-three-year-high\/\",\"name\":\"SUVs drive Hyundai India's diesel model sales to three-year high - Fin2me\",\"isPartOf\":{\"@id\":\"https:\/\/fin2me.com\/#website\"},\"datePublished\":\"2022-07-04T09:22:59+00:00\",\"dateModified\":\"2022-07-04T09:22:59+00:00\",\"author\":{\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\"},\"breadcrumb\":{\"@id\":\"https:\/\/fin2me.com\/business\/suvs-drive-hyundai-indias-diesel-model-sales-to-three-year-high\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/fin2me.com\/business\/suvs-drive-hyundai-indias-diesel-model-sales-to-three-year-high\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/fin2me.com\/business\/suvs-drive-hyundai-indias-diesel-model-sales-to-three-year-high\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/fin2me.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Business\",\"item\":\"https:\/\/fin2me.com\/category\/business\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"SUVs drive Hyundai India’s diesel model sales to three-year high\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/fin2me.com\/#website\",\"url\":\"https:\/\/fin2me.com\/\",\"name\":\"Fin2me\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/fin2me.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a\",\"name\":\"Mark\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/fin2me.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g\",\"caption\":\"Mark\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"SUVs drive Hyundai India's diesel model sales to three-year high - Fin2me","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fin2me.com\/business\/suvs-drive-hyundai-indias-diesel-model-sales-to-three-year-high\/","og_locale":"en_US","og_type":"article","og_title":"SUVs drive Hyundai India's diesel model sales to three-year high - Fin2me","og_description":"A strong demand for diesel SUVs has bumped up the contribution of these variants to Hyundai Motor India’s sales to a three-year high, a company [...]","og_url":"https:\/\/fin2me.com\/business\/suvs-drive-hyundai-indias-diesel-model-sales-to-three-year-high\/","og_site_name":"Fin2me","article_published_time":"2022-07-04T09:22:59+00:00","author":"Mark","twitter_card":"summary_large_image","twitter_image":"https:\/\/fin2me.com\/wp-content\/uploads\/2022\/07\/SUVs-drive-Hyundai-Indias-diesel-model-sales-to-three-year-high.jpg","twitter_misc":{"Written by":"Mark","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/fin2me.com\/business\/suvs-drive-hyundai-indias-diesel-model-sales-to-three-year-high\/","url":"https:\/\/fin2me.com\/business\/suvs-drive-hyundai-indias-diesel-model-sales-to-three-year-high\/","name":"SUVs drive Hyundai India's diesel model sales to three-year high - Fin2me","isPartOf":{"@id":"https:\/\/fin2me.com\/#website"},"datePublished":"2022-07-04T09:22:59+00:00","dateModified":"2022-07-04T09:22:59+00:00","author":{"@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a"},"breadcrumb":{"@id":"https:\/\/fin2me.com\/business\/suvs-drive-hyundai-indias-diesel-model-sales-to-three-year-high\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fin2me.com\/business\/suvs-drive-hyundai-indias-diesel-model-sales-to-three-year-high\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/fin2me.com\/business\/suvs-drive-hyundai-indias-diesel-model-sales-to-three-year-high\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fin2me.com\/"},{"@type":"ListItem","position":2,"name":"Business","item":"https:\/\/fin2me.com\/category\/business\/"},{"@type":"ListItem","position":3,"name":"SUVs drive Hyundai India’s diesel model sales to three-year high"}]},{"@type":"WebSite","@id":"https:\/\/fin2me.com\/#website","url":"https:\/\/fin2me.com\/","name":"Fin2me","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fin2me.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/fin2me.com\/#\/schema\/person\/ad0e9920e03d3b41c7ad02a18375d76a","name":"Mark","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fin2me.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/39b72719fb75a2d3c7d7695026648602?s=96&d=mm&r=g","caption":"Mark"}}]}},"_links":{"self":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/128132"}],"collection":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/comments?post=128132"}],"version-history":[{"count":0,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/posts\/128132\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media\/128131"}],"wp:attachment":[{"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/media?parent=128132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/categories?post=128132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fin2me.com\/wp-json\/wp\/v2\/tags?post=128132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}