In February 2024, greater than 30,000 items of Midsize SUVs had been offered in India, with Mahindra SUVs accounting for over 70 p.c of the phase’s gross sales.
The Mahindra SUVs had been the top-selling midsize SUVs in India in February 2024. The phase confronted a downfall of almost 3 p.c in month-on-month (MoM) gross sales, nevertheless the Mahindra Scorpio and MG Hector nonetheless didn’t report any losses final month. Here’s how every midsize SUV carried out in February 2024 gross sales.
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Mid-size SUVs |
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February 2024 |
January 2024 |
MoM Growth |
Market share present(%) |
Market share (% final 12 months) |
YoY mkt share (%) |
Average gross sales (6 months) |
|
|
Mahindra Scorpio |
15051 |
14293 |
5.3 |
49.53 |
69.35 |
-19.82 |
12193 |
|
Mahindra XUV700 |
6546 |
7206 |
-9.15 |
21.54 |
44.95 |
-23.41 |
7445 |
|
Tata Safari |
2648 |
2893 |
-8.46 |
8.71 |
12.49 |
-3.78 |
1680 |
|
Tata Harrier |
2562 |
2626 |
-2.43 |
8.43 |
20.49 |
-12.06 |
1811 |
|
MG Hector |
1826 |
1817 |
0.49 |
6 |
25.52 |
-19.52 |
2258 |
|
Hyundai Alcazar |
1290 |
1827 |
-29.39 |
4.24 |
15.55 |
-11.31 |
1667 |
|
Jeep Compass |
204 |
286 |
-28.67 |
0.67 |
4.05 |
-3.38 |
285 |
|
Hyundai Tucson |
157 |
183 |
-14.2 |
0.51 |
4.96 |
-4.45 |
198 |
|
Volkswagen Tiguan |
102 |
113 |
-9.73 |
0.33 |
0.92 |
-0.59 |
153 |
|
Citroen C5 Aircross |
0 |
1 |
-100 |
0 |
0.03 |
-0.03 |
3 |
|
Total |
30386 |
31245 |
-2.74 |
99.96 |
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Key Takeaways
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The Mahindra Scorpio continued to dominate the gross sales chart because the best-selling midsize SUV in February 2024. More than 15,000 items had been offered final month, and it registered a month-to-month progress of over 5 p.c. In truth, its February gross sales was almost 3,000 items greater than its common gross sales of the final six months. Please word that these figures embrace the gross sales of each Mahindra Scorpio N and Scorpio Classic.
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Followed by the Scorpio, the Mahindra XUV700 takes the second spot within the gross sales chart with greater than 6,500 items dispatched. Mahindra’s flagship SUV nevertheless skilled a lack of over 9 p.c in MoM gross sales.
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Both Tata Safari and Tata Harrier attracted greater than 2,500 prospects every, collectively crossing the gross sales mark of 5,000 items in February 2024.
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With greater than 1,800 items offered, the MG Hector didn’t face any losses in month-to-month gross sales, indicating its constant demand out there. However Hector’s year-on-year (YoY) market share nonetheless dipped by almost 20 p.c. Please word that these figures embrace the gross sales of each Hector and Hector Plus.
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The Hyundai Alcazar additionally crossed the gross sales mark of 1,000 items, however it took successful of almost 30 p.c in MoM gross sales. Its February gross sales had been nearly 400 items lower than its common gross sales of the final six months.
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The Jeep Compass’ February gross sales additionally declined by about 29 p.c, and it solely attracted 204 patrons final month.
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The Hyundai Tucson however took the eighth spot within the gross sales desk with over 150 items offered in February 2024. Hyundai’s flagship ICE (inside combustion engine) SUV witnessed a lack of over 14 p.c in MoM gross sales.
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With simply over 100 items offered in February 2024, the Volkswagen Tiguan took the ninth place within the gross sales chart.
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Citroen didn’t handle to promote even a single unit of its flagship SUV in India, the C5 Aircross.
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