In a span of six weeks of launch, the Hyundai Xcent has received over 16,000 bookings with around 6700 cars delivered in April. The Xcent has come to write another success story for Hyundai with its array of features and spot-on pricing undercutting the competition. Hyundai India though, has not been able to keep up with the demand and the delivery period stretches to 2-3 months depending on the variant. However, the company is now working to expand the production of the compact sedan to reduce the waiting period to just weeks in the future.
After seeing a downward growth trend at the beginning of the year, Hyundai received an optimistic start after the launch of the Xcent compact sedan. The Xcent is the second largest selling model in its segment, overtaking the Honda Amaze in terms of sales, while the Maruti DZire still takes the top spot. Hyundai is optimistic that the new growth momentum will extend till the end of the year with the help of the Xcent sedan.
The Grand i10 hatchback and the Xcent compact sedan have been the major growth drivers for Hyundai at a time when the automotive market is witnessing sluggish sales. The Grand i10 manages an average of 10,000 units per month and has found 83,000 buyers in the last 8 months of sales. Based on the Grand i10, the Xcent to is expected to project similar growth trends and the spontaneous start has surely given Hyundai high hopes.
The Hyundai Xcent operates in one of the fastest growing segments in the country with cumulative monthly sales of 45,000-50,000 units. The Xcent comes with a 1.2-litre petrol motor with an output of 83 PS and 113 Nm of torque and a 1.1-litre diesel mill with an output of 72 PS and 180 Nm of torque. Hyundai is also working on exporting the Xcent to other markets and is currently identifying the markets for export in the future. Prices for the Hyundai Xcent start at Rs. 4.66 lakhs (ex-showroom, Delhi).
