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Hyundai to unveil a compact SUV at Auto Expo 2012

     After seeing the success of Mahindra XUV500 and with news of Maruti Ertiga and Ford Ecosport coming into Indian SUV market, Hyundai wants to be part of this fastly growing segment in India. Hyundai will unveil a compact SUV at the Auto Expo 2012 being held in January next year at New Delhi. The details of this mini SUV is still remote, but speculating with the Hyundai’s international product line up, a crossover based on Veloster could be Hyundai’s new mini SUV.

Hyundai has not had good success in Indian SUV/MUV segment. Its vehicles Terracan and Tucson, though being good products was not able to make a mark. The timing of these vehicles could be a major factor as the SUV/MUV segment in India was in infancy. 

     The mini SUV segment has good advantage of tax sops if it comes into small car norms. The small car norms in India which applies to vehicles with length of under 4 meters and engine capacities of under 1200cc for petrol and under 1500cc for diesel makes this mini SUV segment the hottest at present. No wonder Premier has launched Rio (its first vehicle after a decade) and Mahindra working on a shortened Xylo.

     Finally the carmakers have understood the Indian customers mind set of travelling more people in a vehicle which costs less to run and own. 

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