[KrishKallapur]

I have booked new Gen Tucson from Trident Sankey road branch. I am told the delivery will be in 2nd week August. Launch in June.

Globally Tucson is Hyundai’s best selling SUV. It makes sense if they decide to sell in volumes in India too. But pricing will be key. I am also told by one of my friends at Trident that between top model creta and Tucson there will be just Rs 2 lakhs difference.

[giri1.8]

Originally Posted by KrishKallapur

I am also told by one of my friends at Trident that between top model creta and Tucson there will be just Rs 2 lakhs difference.

Very slim chances of this, as Alcazar already falls in that price band! We can expect 28 to 35L ex-Showroom.

[TorqueIndia]

Latest gen Tucson is such a looker, the stance and presence is mind blowing. It’s modern, inspired and masculine much better in real than in pics, definitely a good addition to their current line up and strong competition for Jeep Compass !

[drhoneycake]

Originally Posted by KrishKallapur

I am also told by one of my friends at Trident that between top model creta and Tucson there will be just Rs 2 lakhs difference.

Not a chance. The current price difference b/w the Creta SX(O) D AT and the Tucson 4WD GLS AT is nearly 12L.

The Creta retails at 23-change whereas the Tucson retails at 35 onroad in Bengaluru.

[KrishKallapur]

Originally Posted by giri1.8

Very slim chances of this, as Alcazar already falls in that price band! We can expect 28 to 35L ex-Showroom.

Why not? Going by pricing of Hyundai SUVs every next segment entry model in fact overlaps with previous segment top model prices. Moreover Alcazar is not exactly an SUV it is more an MPV. So in SUV Range, Venue- Creta- Tucson fit in. So even one can expect an overlapping price between Creta top end and Tucson entry level. I was also told that 2023 Creta is in line for launch and it’s top end could be priced at 23 Lakhs!

[KrishKallapur]

Originally Posted by drhoneycake

Not a chance. The current price difference b/w the Creta SX(O) D AT and the Tucson 4WD GLS AT is nearly 12L.

The Creta retails at 23-change whereas the Tucson retails at 35 onroad in Bengaluru.

Depends on which model you are talking about. I was considering Tucson 4 months back and got a quote of 27.33 on road for petrol for 2wd at gl(o). But I decided against it because new gen launch was expected. Also previous gens were CKD and they sold very small volumes. If they manufacture in India, that too will bring down the price. As usual Hyundai is very tight lipped and we know very little details.

[manpreetsj]

Originally Posted by drhoneycake

Not a chance. The current price difference b/w the Creta SX(O) D AT and the Tucson 4WD GLS AT is nearly 12L.

The Creta retails at 23-change whereas the Tucson retails at 35 onroad in Bengaluru.

The difference between ex-sh price of current Creta top (18.2 Lakhs) and current entry level model of Tucson (22.7Lakhs) is 4.5 Lakhs. 2 Lakh gap for new one is only feasible if it is locally manufactured.

In such scenario, Creta top will be at 18 Lakhs, Alcazar top at 20 Lakhs and New Tucson entry model at 20Lakhs. One may note Alcazar entry model starts at 16lakhs (2 lakhs below creta top). Hence, 20 Lakhs ex-sh starting price for Tucson without any overlap is quite possible.

[lordrayden]

Originally Posted by bharathan

Well the salesman I spoke to told that "we are exporting to other countries from our Chennai plant; hence this will be a manufactured in India car only." I'm not sure though, whether the export variants are CKD too.

Not sure if he’s taking about the already happening exports to Nepal from India. Like you mentioned, those might still be kits imported from Korea, assembled in India and then sent to Nepal.

I feel there is some fuzziness in the way “manufactured” and “assembled” are used in different contexts.

For example, when we say “a car is manufactured in India”, it typically means that the car and its parts were MOSTLY made in India, with few parts/components being imported. When we say “this car was assembled in India”, we meant a CKD, where most parts were made outside India, with some localisation and the car was put together in a plant in India. This is clear.

But in the context of the VIN of a car, there is only one field called “Country of Origin”. In both the above mentioned cases, it would actually say IN. So even for the recently discontinued Gen3 CKD Tucson, “Country of Origin” is India and not South Korea. Only for a CBU would this be any thing other than India. Perhaps the SA you spoke to was talking in this context.

Manufacturing in India makes sense only if they have enough volume. As far as I know (others please correct me if I’m wrong here) the most expensive “made in India” non-CKD car is the Jeep Compass (22L to 39L OTR Bangalore) which sells 800-1000 units per month. Everything above that is either a CKD (with some localisation) or a CBU. Given the price bracket and segment it would be in, the all-new Tucson would probably sell 200-300 units a month, not sure if it makes sense to setup local manufacturing for that much.

[atluri_rkc]

Originally Posted by manpreetsj

Hence, 20 Lakhs ex-sh starting price for Tucson without any overlap is quite possible.

I am also a potential customer and I wish the above is true. But it won’t be due to

- When was the last time the new generation is cheaper than the previous generation? Remember the entire argument of how the existing customers will be feeling - due to impact on resale
- We are in historic inflation cycle and so Tucson will definitely be more premium (in pricing) vs. Alcazar and Creta. Focus on Tucson will also impact Creta volumes due to semiconductor issues
- Creta brings volumes to Hyundai and so it will avoid any kind of ambiguity for potential customers in purchasing from its own portfolio
- Hyundai is/was never looking for volumes from Tucson. It aims to take a pie from Compass and Citroen C5 while trying to avoid any comparisons from XUV700. This probably is also the reason why we don’t hear about Sportage for India. Considering this, a ex-sh starting price in the ballpark of 26L is expected
- With features like ADAS and hybrid tech (wishing for), the chances of pricing going north are high

Excluding the recent discounts on Tucson, the purchase decision was always ruled by heart (&not mind) as the incremental value proposition (over Creta) was minimal.

To conclude, I hope I am wrong.

[KrishKallapur]

Hyundai Ionic 5 wins world car of the year award and Tucson is in finalist spot.

https://www.worldcarawards.com/web/e...cles.asp?cat=1

[shivs2003]

I dont think the vehicle will be a CKD.

The earlier models did not have a big market in the country, there were fewer buyers in the 20-35 L spectrum. Also the lower Fortuner models would usually enter that price bracket.


The market has now changed:

1. The XUV700 is in that very price bracket, despite significant supply chain issues, it is selling between 3K - 6K units a month.
2. Fortuner base models are higher priced and dont fall in that bracket all that much.
3. Large number of Creta buyers are satisfied with Hyundai and its product, wishing to upgrade.
4. There is void in that price range, there are not that many options/offerings (2-4 models depending on variant/fuel etc).

[Maky]

Just thought I'd mention, I received a call from Arsh Hyundai showroom in Bombay asking me if I'd be interested in Pre-booking the coming Tucson, with the usual priority delivery fully refundable etc. etc.
When I asked for a firm launch time period he said It would be in one months time to as much as one and a half months time. So not long now fans of Tucson : )

[manpreetsj]

Originally Posted by shivs2003

I dont think the vehicle will be a CKD.

The earlier models did not have a big market in the country, there were fewer buyers in the 20-35 L spectrum. Also the lower Fortuner models would usually enter that price bracket.

Completely agree with you on this. The market dynamics have changed. Indian buyer has gradually shifted towards 20-30 Lakhs bracket. I remember how 5 years back spending 20Lakhs on a car was sheer luxury!
With cars seeing demand in this price bracket, Hyundai has a good case to locally manufacture and capture a segment. They did it with Creta/Seltos (upto 20L) and then Venue/Sonet (upto 15L). Now, Tucson and Sportage (maybe) [Hopefully topping upto 30L).

One may argue that Compass and Citroen C5 don't sell that well, then how can Hyundai expect high volumes? Maybe that was the question at the time Creta Turbo was launched near 18L range. Over period, market accepted it and buying top end compact/mid SUV at 18-25L range is becoming a norm. Hyundai has good service network, known brand name, good re-sale value and VFM score is higher than Jeep or Citroen cars.

[shivs2003]

Originally Posted by manpreetsj

One may argue that Compass and Citroen C5 don't sell that well, then how can Hyundai expect high volumes? Maybe that was the question at the time Creta Turbo was launched near 18L range. Over period, market accepted it and buying top end compact/mid SUV at 18-25L range is becoming a norm. Hyundai has good service network, known brand name, good re-sale value and VFM score is higher than Jeep or Citroen cars.

I feel the Compass and Citroen did not sell well for the following reasons:

1. Far shorter presence in India compared to Hyundai. Most Indian customers do have brand loyalty factor, not because of choice, but because of satisfaction of product. I myself never liked Hyundai all that much, I always preferred Toyota/Honda. But, I was gifted a Creta by my family. I have run the car for 4+ years, clocked over 1.3Lac KM, and i am very satisfied. It gives me confidence in the brand.

2. Compared to Creta, I dont find a "MAJOR" difference in the product of Compass or Citroen. Do these vehicles demand the premium compared to the other market offerings? I dont think so, others may disagree.

3. Size matters. The road presence of Tuscon does show compared to Creta/Compass/C5.

4. Educated customers: People in the 20-35L spectrum do a significant amount of research before hitting the showrooms. The Tucson is a global product and doing very well. Not the same case with Compass/C5. The same applies to Toyota, it sells globally, thats why, despite the exorbitant premium, people are running to buy it.

[PreludeSH]

I would really be interested if I can get the Tucson for top end XUV700 (non AWD) ! Although 5 seats vs 7 seats, it would be a great value since its a international model and everything will work as intended from the word go