Hyundai Catering to Low-Price New Car Buyers with Venue
With the average transaction price for new cars approaching $40,000, a lot of consumers who once considered a new vehicle have wound up looking for a used car.
However, the growing demand for used vehicles also creates an opportunity for company’s willing to price new cars and utility vehicles lower, according to Michael O’Brien, vice president for product, corporate and digital planning for Hyundai Motor America.
“It’s a real opportunity,” O’Brien said during a visit to Michigan this week because probably 25% of used car buyers would 
prefer a new vehicle if one was available at an affordable price point.
With technology used in cars changing quickly even two-year-old used vehicles are likely not to have driver assistance features such as automatic braking or Apple CarPlay or Android Auto, said O’Brien, who visiting southeast Michigan to show off the 2020 Hyundai Palisade.
Hyundai Catering to Low-Price New Car Buyers with Venue
With the average transaction price for new cars approaching $40,000, a lot of consumers who once considered a new vehicle have wound up looking for a used car. However, the growing demand for used vehicles also creates an opportunity for company’s willing to price new cars and utility vehicles lower, according to Michael O’Brien, vice president for product, corporate and digital planning for Hyundai Motor America.
2020 Hyundai Venue
The Hyundai Venue will be the Korean automaker’s newest and smallest crossover when it goes on sale for the 2020 model year. The tiny ute will slot below the already subcompact Hyundai Kona. We expect the 2020 Hyundai Venue to be in dealerships before the end of 2019.
Hyundai fits first-ever Venue SUV with Nexen Tire
Nexen Tire America, Inc. recently announced that its N’Priz AH8 tire has been selected as original equipment (OE) for the 2020 Hyundai Venue. Offered in size 205/55/R17, the new Venue marks the 13th OE size fitment for the N’Priz AH8 in the U.S. Market.
The N’Priz AH8, a grand-touring all-season tire, is ideally suited for the first-ever Hyundai Venue SUV. Arriving this fall, the Venue adds to the 39 other U.S. OE fitments for Nexen Tire. The N’Priz AH8 also boasts improved performance in light snow conditions compared to its predecessor, the CP672.
“Being selected as original equipment for the new Hyundai Venue further solidifies Nexen Tire’s ongoing commitment to continued growth in the OE tire segment,” said John Hagan, executive vice president of sales for Nexen Tire America.
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Hyundai fits first-ever Venue SUV with Nexen Tire
Nexen Tire America, Inc. recently announced that its N’Priz AH8 tire has been selected as original equipment (OE) for the 2020 Hyundai Venue. Offered in size 205/55/R17, the new Venue marks the 13th OE size fitment for the N’Priz AH8 in the U.S. Market.
Hyundai Venue, Kona Electric prices unchanged
Hyundai India has announced that it will increase the prices of all its models from August 1, 2019. The Korean brand claims that the change in prices – up to Rs 9,200 – is owing to the higher input costs associated with adding more standard safety kit to all their models. As of July 1, 2019, all passenger vehicles produced in India need to be AIS 145-compliant – which means that all cars will have to come with standard features like at least one airbag, rear parking sensors, a speed alert system and a seatbelt reminder for the driver and co-driver.
However, Hyundai also confirmed that the price hike does not extend to two of its newest models – the Venue compact SUV and the Kona Electric. There was no doubt about the safety kit you’d get on the Rs 25.30 lakh Hyundai Kona Electric, and the Hyundai Venue range, priced between Rs 6.50 lakh and Rs 11.11 lakh, has been compliant with the safety norms right from launch. Nonetheless, the Venue prices, which at the time of launch were introductory, will increase at a later date.
FULL STORY BELOW:
Hyundai Venue, Kona Electric prices unchanged
Hyundai India has announced that it will increase the prices of all its models from August 1, 2019. The Korean brand claims that the change in prices – up to Rs 9,200 – is owing to the higher input costs associated with adding more standard safety kit to all their models.