Made-in-Nepal Hyundai VENUE E's Sales and Distribution Begins
Laxmi Motor Corporation, a sister company of Hyundai's official distributor in Nepal, has started producing the Venue E variant and the Venue S and SX variants in Nepal since May 2024. The company launched the "HYUNDAI NEPAL: MADE FOR YOUR JOURNEY" campaign, with around 250 vehicles sold through its dealers. The initial price of the Hyundai Venue E is NPR 4,096,000 for a limited period, but Dashain-Tihar promotions and additional discounts will not apply to this variant. The Venue (S) 1.2 is priced at NPR 4,496,000, and the Venue (SX) 1.2 is priced at NPR 5,356,000. Laxmi Motor Corporation aims to contribute to industrialization, import substitution, job creation, increased internal revenue, skill and technology development, ancillary industries, domestic resource consumption, and overall GDP contribution. It also plans to expand production by introducing more variants and models.