Hyundai Creta’s production to increase to 12,500 units/month – Report
Aravind Jayachandran, I'm a huge petrolhead, an automobile engineer, a massive fan of Ferrari, and loves collecting die-cast models for inspiration.
10,000 units for domestic market; rest for export markets.
The Hyundai Creta has been a runaway success for Hyundai India, garnering nearly 100,000 bookings, with supplies of 45,000 SUVs in domestic and exports markets. India also serves as the production hub of the Creta for other markets.
To reduce the current waiting period of three months, Hyundai is increasing the production to 10,000 units for the domestic market from June 2016, which is expected to cut the waiting period to a month. As for export markets, Hyundai will ramp it up to 2,500 units per month, thus totaling the overall production rate to 12,500 units per month.
Initially, Hyundai took a leap of faith with setting the production rate at 6,000 units a month, while the rate at which its rivals where rolling out of the factory was at 6,000 units a month combined. Currently, the Creta’s production rate is below 10,000 units per month, with about 7,000 units going into the domestic market and 2000-3000 units being exported.
The Creta is priced between INR 8.69 – INR 11.29 lakhs for the petrol variant and between INR 9.56 – INR 13.8 lakhs for the diesel variants (all ex-Showroom, New Delhi). Engine lineup comprises of 1.6-liter petrol and diesel engines and a base 1.4-liter diesel engine. A 6-speed manual transmission is standard across the range, and a 6-speed AT is available on a single variant of the 1.6-liter diesel model.
Hyundai Creta – Image Gallery
[Source: Autocar Professional]