Hyundai India has made it official that they will launch the Santa Fe SUV in October. To be priced in the range of Rs. 22-24 lakhs, Hyundai is targeting the festive season in October for the launch.
“We will launch Sante Fe in October-November, ahead of the festive season. If volumes pick up, then we will consider assembling the vehicle here,” said Arvind Saxena, director, (marketing & sales), Hyundai Motor India.
Santa Fe will be launched with a 2.2-litre diesel engine and will have seven seats , as against the earlier five seater. Initially the company plans to import it as completely-built units but if volumes pick up Hyundai may plan to assemble the car.
The SUV segment is the fastest-growing segment in the Indian luxury car market, with a growth of more than 18-20%. Toyota Fortuner currently dominates the premium SUV market.
Hyundai Santa Fe will compete with Honda CR-V, Chevrolet Captiva, Ford Endeavour, Nissan X Trail, and Mitsubishi Outlander.
