Riding on strong demand for compact SUVs, Hyundai Motor India has garnered close to 80,000 bookings for its newly launched Venue. The strong response to the new Venue complements Hyundai’s largest-selling SUV, the Creta, which is hitting new highs amid rising competition.
Addressing the media during the company’s Q3 FY26 earnings call, Managing Director and Chief Executive Officer Tarun Garg described the response to the new Venue as exceptionally strong.
“The response to the newly launched Venue has been phenomenal, translating into strong bookings of nearly 80,000 units,” Garg said, underlining the model’s traction in a highly competitive segment.
In January 2026, the Venue crossed the 12,000-unit mark in monthly domestic sales, marking one of its strongest performances to date and indicating that the update is resonating with buyers.
The booking momentum for the Venue comes amid a clear structural shift in customer preferences toward SUVs, the company believes. Hyundai’s management noted that increasing adoption of SUVs, higher-value products, and feature-rich offerings has become a defining trend for the industry, shaping both demand patterns and portfolio strategies.
Garg highlighted that the Creta recorded its highest-ever annual sales of over 200,000 units, reclaiming its position as the country’s top-selling SUV.
“This milestone translates to an impressive average of around 550 Cretas being sold every day,” he said, pointing to the model’s sustained leadership and brand equity.
Together, the Venue and Creta are anchoring Hyundai’s SUV-led growth strategy across price bands and customer segments. While the Venue is attracting first-time buyers and urban upgraders to the compact SUV segment, the Creta continues to deliver scale and profitability in the mid-size category, creating a complementary demand pipeline for the company.
Hyundai also noted strong underlying retail demand during the quarter, with December retail sales up 16% year-on-year, and rural markets emerging as a key contributor, accounting for more than 24% of domestic sales. With channel inventories streamlined, the company said it has created adequate headroom for higher wholesale volumes in the coming quarters.
The near 80,000 bookings for the Venue, combined with the Creta’s run rate of about 550 units a day, underline Hyundai’s effort to hold its own in the highly competitive Indian passenger vehicle market, where homegrown brands Mahindra & Mahindra and Tata Motors have inched ahead of the company, led by EVs and premium SUVs.