Hyundai likely to close 2019 calendar with 100,000 bookings of Venue

The vehicle has already achieved 90,000 bookings and is gearing up to expand its export footprint

Hyundai Motor India said it is confident of closing the 2019 calendar year with 100,000 bookings of Venue, its sub-compact SUV.

Stating that the success of Venue in the domestic market had a trickle- down effect on its exports, Hyundai said that it has shipped nearly 1,400 units to South Africa, where the product is scheduled to launch on December 2.

The other export markets include Nepal, Bhutan, Mauritius and Seychelles.

The left-hand-drive model is being developed for export to the Gulf, Africa and Latin America, the company added.

The compact SUV segment has a total market size by volume