CHENNAI: Korean auto major Hyundai is gunning for the leadership position in the mass-market sports utility vehicle segment in India with its new model, Creta, which will be launched next month.
The company's Indian arm, Hyundai Motor India Ltd (HMIL), has invested Rs 1,000 crore on the development of its upcoming five-seater model. It will compete with the likes of Mahindra & Mahindra, Renault, Nissan, Ford and Tata Motors in the volume segment of SUVs.
"The SUV segment ..
