Hyundai Motor India registered handsome volumes in February. Its domestic sales increased 6.7% y-o-y during the month, while the exports jumped 19.1% y-o-y. In order to augment the sales further, the carmaker is providing hefty discounts in March. Let us check out Hyundai discounts in March.
In India, Hyundai sells 12 models — Grand i10 Nios, i20, i20 N Line, Aura, Venue, Venue N Line, Verna, Creta, Alcazar, Tucson, Kona Electric and Ioniq 5. The Creta was the company’s largest-selling SUV in February.
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One of the volume drivers for the carmaker, the Hyundai Grand i10 Nios, has total discounts of up to Rs 38,000 in March, depending on the variant a customer opts for. This includes a cash discount of Rs 25,000, an additional exchange offer of Rs 10,000 and a corporate discount of Rs 3,000.
The Hyundai Aura has total discounts of up to Rs 33,000 based on the variant a customer buys. The total discounts include a cash discount of Rs 20,000, an additional exchange offer of Rs 10,000 and a corporate discount of Rs 3,000.
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The Hyundai i20 has a cash discount of Rs 10,000 and an additional exchange offer of Rs 10,000. The total discounts amount to Rs 20,000.
The company’s SUVs like the Creta, Venue, Alcazar and Tucson have no discounts in March.
Hyundai will now launch the Hyundai Verna 2023 on March 21. This will be the sixth-generation avatar of the mid-size sedan. We are expecting the Hyundai Verna 2023 price in India to be in the range of Rs 9.99 lakh to Rs 17 lakh (ex-showroom).