The Hyundai Venue was the one one within the section to get pleasure from month-on-month progress in gross sales which positioned it again forward of the Kia Sonet
In March 2024, the Maruti Brezza retained its prime spot within the gross sales tables and maintained its lead over the Tata Nexon. Although the section’s general month-on-month (MoM) gross sales decreased by almost 6 %, near 53,000 subcompact SUVs have been nonetheless offered within the nation final month. Here’s the detailed gross sales report of how every subcompact SUV carried out.
Sub-compact SUVs & crossovers |
|||||||
March 2024 |
February 2024 |
MoM Growth |
Market share present(%) |
Market share (% final 12 months) |
YoY mkt share (%) |
Average gross sales (6 months) |
|
Maruti Brezza |
14614 |
15765 |
-7.3 |
27.64 |
27.2 |
0.44 |
14726 |
Tata Nexon |
14058 |
14395 |
-2.34 |
26.59 |
24.75 |
1.84 |
15665 |
Hyundai Venue |
9614 |
8933 |
7.62 |
18.18 |
16.8 |
1.38 |
11019 |
Kia Sonet |
8750 |
9102 |
-3.86 |
16.55 |
14.54 |
2.01 |
6425 |
Nissan Magnite |
2701 |
2755 |
-1.96 |
5.1 |
5.46 |
-0.36 |
2542 |
Mahindra XUV300 |
2072 |
4218 |
-50.87 |
3.91 |
8.59 |
-4.68 |
4514 |
Renault Kiger |
1050 |
1047 |
0.28 |
1.98 |
2.62 |
-0.64 |
847 |
Total |
52859 |
56215 |
-5.96 |
Key Takeaways
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With over 14,500 models retailed, the Maruti Brezza remained the best-selling subcompact SUV within the section, regardless of experiencing a lack of greater than 7 % in month-on-month (MoM) gross sales. The Brezza nonetheless maintains the very best market share of just about 28 % within the section.
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Tata Nexon’s gross sales in March 2024 fell quick by over 500 models in comparison with the Maruti Brezza, thus sustaining its place because the second best-selling compact SUV within the section. Following the Brezza, the Nexon is the one subcompact SUV right here to surpass the ten,000-unit gross sales mark. Please word that these figures embody each Tata Nexon and Tata Nexon EV gross sales.
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The Hyundai Venue, the third best-selling sub-4m SUV, attracted greater than 9,500 consumers in March 2024. It recorded a progress of almost 8 % in MoM gross sales, at the moment holding over 18 % of market share within the section. It’s vital to notice that the Venue’s tally right here combines the gross sales of each Hyundai Venue and Venue N Line.
Also Check Out: Hyundai Creta And Maruti Grand Vitara Together Accounted For Over 50% Of Total Compact SUV Sales in March 2024
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Despite a decline of almost 8 % in month-to-month gross sales, Kia nonetheless dispatched over 8,500 models of the Sonet in March 2024. This determine is over 2,000 models increased than its common gross sales over the previous six months.
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The Mahindra XUV300 took the most important hit of over 50 % in MoM gross sales, and it solely managed to cross the gross sales mark of two,000 models. The essential motive for this decline is that Mahindra is getting ready for the introduction of its facelifted model, the XUV 3XO.
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The Renault Kiger was the least promoting subcompact SUV in March 2024 and it solely discovered over 1,000 consumers final month. However, its efficiency final month’s efficiency was higher than common gross sales of the final six months. Meanwhile, its mechanical sibling the Nissan Magnite loved over 2,700 unit gross sales for a similar month for a comparatively steady demand.
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