Hyundai Motor India, the subsidiary of South Korea's largest car company, is set to end the year 2015 in grand fashion. With the domestic sales of the company projected to touch a record high of 4.76 lakh vehicles this year, there is every reason to cheer. The company is also expected to touch its export target of 1.67 lakh units for this year.
The company will also register the highest year-on-year growth of over 16% in the past five years in 2015, reports The Economic Times. Hyundai India, the third-largest contributor of the South Korean company, accounts for about 14% of the company's sales. What really helped it reach the coveted top spot was models like Elite i20 and Creta, and needless to say, both are doing remarkably well.
The Hyundai Creta SUV, which opened its India chapter in July this year, has already bagged over 75,000 bookings and is expected to reach the 1 lakh mark by the end of this year. Creta has also been seeing overwhelming response in the overseas market, well received in places like Latin America (Colombia, Costa Rica, Peru and Panama), the Middle East (Oman, UAE, Saudi) and Africa (Egypt, Morocco & Nigeria). The company has increased production of the Creta to meet demand.
Offered in both petrol and diesel-engine options, the Creta's 1.6-litre VTVT petrol engine can churn out 121bhp and 151Nm of torque. The 1.6-litre CRDI diesel engine is tuned to pump out 126bhp of power and 260Nm of torque. The petrol engine is mated to a six-speed manual transmission, while the 1.6-litre CRDi is also available with a six-speed automatic transmission.