Hyundai Venue City SUV Set for Next-Gen Makeover in 2025
Hyundai's Compact Urban Warrior Awaits a Bold Evolution
Hyundai is gearing up for the next chapter in the evolution of its popular Venue city SUV, with the next-generation model set to hit international showrooms in 2025. This highly anticipated successor follows the remarkable success of the current Venue, particularly in India, where over 450,000 units have been sold since its introduction in 2019.
Global Production and Potential Australian Arrival
The upcoming Venue is slated to begin production at Hyundai's recently acquired Talegaon factory in India in 2025. While the Indian market has been a stronghold for the Venue, it remains uncertain whether the new model will find its way to Australian shores. Currently, the Hyundai Venue for the Australian market is produced in South Korea. The location of production for the next-generation Venue remains unconfirmed, adding an element of intrigue to its global journey.
In Australia, the Venue has garnered significant popularity, serving as Hyundai's entry-level SUV and succeeding the Accent. Since its launch in late 2019, approximately 21,000 units have been reported sold in the country, marking a noteworthy sales success. In 2022, the Venue secured its place as the fourth-best-selling model in Hyundai's lineup, trailing behind the i30 hatch and sedan, Tucson mid-size SUV, and Kona small SUV.
Market Dynamics and Pricing Insights
The Hyundai Venue in Australia is currently priced between $22,000 and $28,750, excluding on-road costs. Over the years, the model has seen incremental price adjustments, with some variants now priced more than $3000 higher than their launch prices in 2019. These changes are attributed to the addition of new features and increased manufacturing costs.
It's important to note that the Hyundai Venue available in Australia, South Korea, and the US differs from the Indian-built version. The Indian variant features a shorter floorpan and lower-profile bumpers, strategically designed to qualify for lower tax rates in India for cars under four meters in length. Furthermore, the Indian model adheres to potentially less stringent crash safety standards compared to the Australian version. Engine options also vary, with the Indian Venue offering a 1.0-litre turbo three-cylinder petrol engine, distinct from the 1.6-litre non-turbo petrol four-cylinder found in the Australian models.
As the automotive industry eagerly anticipates the next-generation Hyundai Venue, questions linger about its global reach, potential production shifts, and whether the Australian market will witness the arrival of this updated urban SUV icon.
Ensure you search the Hyundai Stock at the Tynan Showroom, located in Kirrawee, or online here.