The Hyundai Venue was a popular compact SUV that was available in the US from 2019-2021. It was a great option for those looking for a reliable and affordable SUV, but it has now been discontinued. So, why was the Hyundai Venue discontinued?
One of the primary reasons why the Venue was discontinued is that it was not competitive enough in its segment. Despite being a great value, it did not have the same advanced features and technology as its competitors, such as the Honda HR-V and Nissan Kicks. Additionally, it was not as well-equipped as its Hyundai siblings, such as the Kona and Tucson. As a result, the Venue simply did not have the same appeal as its competitors.
Another factor that likely played a role in the Venue’s discontinuation was its sales performance. Even though it had a good start, the Venue’s sales eventually began to decline. This is likely due to the fact that its competitors had newer, more appealing models that were selling better. As a result, the Venue’s sales were not able to keep up and Hyundai eventually decided to discontinue the model.
The Hyundai Venue was available in both SE and SEL trim levels, with prices ranging from $17,350 to $20,650. It was powered by a 1.6-liter four-cylinder engine that produced 121 horsepower and 113 lb-ft of torque. It was offered with either a six-speed manual or an Intelligent Variable Transmission (IVT), with front-wheel drive as standard and all-wheel drive as an option. It offered a good selection of standard features, such as Apple CarPlay and Android Auto, wireless device charging, and Hyundai SmartSense safety tech.
In the end, the Hyundai Venue was simply unable to compete with its rivals, resulting in its discontinuation. Despite its shortcomings, the Venue was still a great value and offered a good selection of features and technology. If you’re in the market for an affordable and reliable SUV, you should consider other models from Hyundai, such as the Kona and Tucson. The Venue may be gone, but there are still plenty of good options available.
The Hyundai Venue: An Overview Of Its Discontinuation
The Hyundai Venue is a subcompact crossover SUV that was first introduced in 2020. The Hyundai Venue was discontinued in 2021 due to declining sales and a shift in the company’s focus to other models. The Hyundai Venue was a budget-friendly vehicle that offered a good value for its price.
The Hyundai Venue was powered by a 1.6-liter four-cylinder engine that produced 121 horsepower and 113 pound-feet of torque. The vehicle came standard with a six-speed manual transmission, but there was also an optional seven-speed dual-clutch automatic. The Venue had a starting price of $17,250, which was a great value for its segment.
The Hyundai Venue had a long list of standard features including power windows, power locks, air conditioning, Bluetooth connectivity, and a six-speaker audio system. The vehicle also had safety features such as lane departure warning, forward collision warning, blind spot warning, and adaptive cruise control. It also had an optional package that included leather seating, a power sunroof, and a larger infotainment system.
The Hyundai Venue was a great option for those looking for an affordable yet feature-filled crossover SUV. Unfortunately, the model was discontinued in 2021 due to declining sales and a shift in the company’s focus to other models. The Hyundai Venue will be missed by those who liked the model for its value and features.
| Price | Engine | Transmission |
|---|---|---|
| $17,250 | 1.6-liter 4-cylinder | 6-speed manual/7-speed dual-clutch automatic |
Standard features of the Hyundai Venue included:
- Power windows
- Power locks
- Air conditioning
- Bluetooth connectivity
- Six-speaker audio system
- Lane departure warning
- Forward collision warning
- Blind spot warning
- Adaptive cruise control
Optional features included leather seating, a power sunroof, and a larger infotainment system.
Unravelling The Reasons For The Discontinuation Of The Hyundai Venue
The Hyundai Venue was launched in 2019 as a compact crossover SUV. It was one of the most popular vehicles in its segment and was well-received by the Indian market. The Venue was loaded with features and offered great value for money. It came with a price tag starting at Rs 6.7 lakhs and had a top-end variant priced at Rs 11.3 lakhs (ex-showroom).
However, in 2021, the Venue was discontinued by Hyundai in India. This left many wondering as to why the company would discontinue such a popular and successful vehicle. Here we will try to decipher the reasons behind Hyundai’s decision.
| Price | Rs 6.7 Lakhs to Rs 11.3 Lakhs |
|---|---|
| Engine | 1.2 Litre Petrol, 1.0 Litre Turbo Petrol, 1.4 Litre Diesel |
| Transmission | 5-speed Manual, 6-speed Manual, 6-speed Automatic |
| Mileage | 20.7 kmpl (Petrol), 24.75 kmpl (Diesel) |
The Hyundai Venue was discontinued due to a variety of reasons such as:
- The rising demand for SUVs such as the Hyundai Creta, Kia Seltos and MG Hector.
- The rising demand for electric vehicles in the market.
- The launch of the new 2021 Hyundai i20.
- The rising cost of production due to the increasing number of competitors.
These factors have forced Hyundai to discontinue the Venue and shift its focus to more profitable vehicles. The company has also announced the launch of the new Hyundai Alcazar, which is expected to be a bigger and better version of the Venue.
Hyundai had already discontinued the diesel variant of the Venue in 2020, and this added to the woes of the Venue. Sales had already started to slow down as customers were shifting their focus to the more powerful and feature-rich SUVs in the market.
Although the discontinuation of the Hyundai Venue is a major setback for Hyundai, the company still has a wide range of vehicles in its portfolio and the future of the company looks promising.
The Hyundai Venue was discontinued in 2021.
Hyundai decided to discontinue the Venue in order to focus on its more popular models.
Yes, the Hyundai Kona has replaced the Venue.
Yes, Hyundai is offering special discounts and incentives for customers who have previously purchased a Venue.
Customers who previously purchased a Venue will receive a 5-year/60,000-mile warranty.
Yes, it is still possible to find parts for the Venue.
No, Hyundai has no plans to re-release the Venue.
The Venue had features such as a 1.6-liter engine, an 8-inch touchscreen infotainment system, and driver-assist technologies.
Yes, the Venue was very popular with customers due to its affordable price and modern features.
Other Hyundai vehicles available include the Kona, Tucson, Santa Fe, Palisade, and Elantra.
