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The new Tucson comes with a waiting period of about 8 - 10 months. Hyundai's target is to sell 5,000 units per year of the new model in India.
With a gradual change in income levels of consumers, a decline in the average age of high priced vehicle owners, and an increased focus on safety, automakers in India are testing several technology trends in the high-end products of their portfolios to attract their young consumers. Mahindra and MG Motor already offer Level-2 ADAS features in their XUV700 and Astor respectively. It is yet to be seen how the Indian consumers adapt to autonomous features with India-specific challenges.
Customers can book the model at Hyundai Signature outlets across India for INR 50,000 or through the company website.
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Under the agreement, the homegrown automaker will pay over INR 725 crore and the acquisition includes entire land & buildings, Vehicle Manufacturing Plant along with machinery and equipment situated therein; and (iii) transfer of all eligible employees of FIPL’s vehicle manufacturing operations at Sanand.
The company will stop producing Jazz after October 2022 while the crossover WR-V will not be produced beyond March 2023. The carmaker will also stop the production and sale of the 4th Generation Honda City by December 2022 in the country. However, the 5th generation of the sedan will continue to be available in the market, a source in the know of things told ETAuto.
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