Only two fashions on this listing managed to go previous the ten,000-unit gross sales mark in February 2024
The gross sales figures for the compact and midsize hatchbacks are out for February 2024, and as ordinary, Maruti not solely topped the listing but in addition dominated the gross sales chart, with 4 fashions out of six. A well-liked Tata hatchback additionally made it to the highest three ranks final month. Here’s the detailed gross sales report for compact and midsize hatchbacks in January 2024:
Models
February 2024
February 2023
January 2024
Maruti Wagon R
19,412
16,889
17,756
Maruti Swift
13,165
18,412
15,370
Tata Tiago
6,947
7,457
6,482
Hyundai Grand i10 Nios
4,947
9,635
6,865
Maruti Celerio
3,586
4,458
4,406
Maruti Ignis
2,110
4,749
2,598
Key Takeaways
The Maruti Wagon R retained its place because the top-selling hatchback in India in February 2024. More than 19,000 models of the hatchback had been offered final month, and it registered optimistic progress of 15 % and 9 % in year-on-year (YoY) and month-on-month (MoM) gross sales, respectively.
Maruti dispatched greater than 13,000 models of the Swift hatchback final month making it the second best-selling hatchback in India. That mentioned, its MoM and YoY gross sales nonetheless dipped by 14 % and 28 %, respectively.
The Tata Tiago overtook Hyundai Grand i10 Nios with practically 7,000 models dispatched final month. Though the Tiago’s MoM gross sales grew by 7 %, it fell quick by 500-odd models to equal its February 2023 gross sales. Do be aware that these figures additionally embody the gross sales numbers of the Tata Tiago EV.
The Hyundai Grand i10 Nios slipped to fourth spot within the gross sales desk in February 2024, with practically 5,000 models dispatched. The hatchback’s MoM determine dropped by practically 2,000 models, whereas its YoY gross sales additionally dipped by 49 %.
The Maruti Celerio’s February 2024 gross sales additionally took a success, with a drop of 19 % and 20 % in MoM and YoY gross sales, respectively.
The Maruti Ignis took the final spot within the gross sales desk registering whole gross sales of a bit over 2,000 models in February 2024. The Ignis additionally confronted a decline of 500 models in MoM gross sales, whereas its yearly gross sales additionally went down by practically 56 % models.
Four fashions on the record, together with the lately facelifted Kia Sonet, managed to cross the ten,000-unit gross sales mark in January 2024 gross sales
2024 began off on a constructive word for the sub-4m SUV section because the month-on-month (MoM) gross sales quantity elevated by over 40 %. The desk toppers had been nonetheless the standard crowd favourites such because the Tata Nexon and Maurti Brezza. Moreover, 4 of the whole seven SUVs on the record even crossed the ten,000-unit gross sales mark. The section, total, witnessed whole gross sales of over 60,000 models.
Here’s a have a look at how every mannequin on this section carried out in January 2024 gross sales:
Sub-compact SUVs & crossovers
January 2024
December 2023
MoM Growth
Market share present(%)
Market share (% final 12 months)
YoY mkt share (%)
Average gross sales (6 months)
Tata Nexon
17182
15284
12.41
26.73
26.26
0.47
13802
Maruti Brezza
15303
12844
19.14
23.8
24.22
-0.42
14734
Hyundai Venue
11831
10383
13.94
18.4
18.11
0.29
11060
Kia Sonet
11530
10
115200
17.93
15.62
2.31
4381
Mahindra XUV300
4817
3550
35.69
7.49
9.09
-1.6
4596
Nissan Magnite
2863
2150
33.16
4.45
4.72
-0.27
2385
Renault Kiger
750
865
-13.29
1.16
1.94
-0.78
877
Total
64276
45086
42.56
99.96
Takeaways
The Tata Nexon was topped the best-selling sub-4m SUV in January 2024 gross sales with over 17,000 models offered. Its MoM determine went up by nearly 12.5 %, though its year-on-year (YoY) market share moved up solely marginally. These figures additionally embrace the gross sales information of the Tata Nexon EV.
With over 15,000 models offered, the Maruti Brezza got here a detailed second on the January 2024 gross sales chart. The SUV even bettered its common 6-month gross sales numbers by 500-odd models.
The Hyundai Venue’s whole gross sales got here near 12,000 models in January 2024 whereas its MoM quantity elevated by nearly 14 %. These figures are additionally inclusive of the gross sales figures of the Hyundai Venue N Line.
With greater than 11,500 models dispatched, the refreshed Kia Sonet was the final sub-4m SUV to cross the ten,000-unit milestone. Its market share stood near 18 %.
While the Mahindra XUV300’s whole gross sales crossed its common 6-month determine, its YoY market share dipped by a bit over 1.5 %. That mentioned, the Mahindra SUV is being readied to be launched in a facelifted avatar quickly.
Of all of the fashions on the gross sales chart, it was solely the Renault Kiger that couldn’t even go previous the 1,000-unit mark. Its cousin, the Nissan Magnite, recorded whole gross sales of just about 3,000 models in January 2024. Their cumulative market share was lower than 10 %.
Only three SUVs managed to cross the ten,000-unit gross sales mark in November 2023
Even although November 2023 was marked with the festive interval of Diwali, gross sales of the favored sub-4m SUV section took a dip of just about 10 % in comparison with October. That stated, the trio of the Tata Nexon, Maruti Brezza and Hyundai Venue continued to dominate the gross sales chart this month as nicely, with every passing the ten,000-unit mark. Here’s how every SUV carried out in November 2023 gross sales:
Sub-compact SUVs & crossovers
November 2023
October 2023
MoM Growth
Market share present(%)
Market share (% final yr)
YoY mkt share (%)
Average gross sales (6 months)
Tata Nexon
14916
16887
-11.67
27.83
28.16
-0.33
13477
Maruti Brezza
13393
16050
-16.55
24.99
20.09
4.9
14357
Hyundai Venue
11180
11581
-3.46
20.86
19.05
1.81
11102
Kia Sonet
6433
6493
-0.92
12
13.9
-1.9
5969
Mahindra XUV300
4673
4865
-3.94
8.72
10.47
-1.75
4928
Nissan Magnite
2454
2573
-4.62
4.58
4.25
0.33
2480
Renault Kiger
530
912
-41.88
0.98
4.04
-3.06
1237
Total
53579
59361
-9.74
99.96
Key Takeaways
The Tata Nexon, as soon as once more, took the highest spot with almost 15,000 items bought in November 2023. That stated, its MoM (month-on-month) determine did drop by over 11.50 % however it nonetheless had the very best market share of just about 28 %. This quantity additionally consists of the gross sales figures of the brand new Tata Nexon EV.
With whole gross sales of almost 14,000 items, the Maruti Brezza got here a detailed second. Its year-on-year (YoY) market share went up by virtually 5 %.
The Hyundai Venue was the one different SUV on the listing to cross the ten,000-unit gross sales mark. It had a market share of near 21 %. This determine additionally consists of the gross sales variety of the Hyundai Venue N Line, the sportier model of the identical.
Its sibling, the Kia Sonet, took the following spot with virtually 6,500 items bought. The Kia SUV’s MoM quantity went down by a small margin however it nonetheless had a market share of 12 %.
With over 4,500 items dispatched, the Mahindra XUV300 trailed the Kia Sonet. Its YoY market share dipped by shut to 2 %.
Among the Nissan Magnite–Renault Kiger duo, it was solely the previous that managed to transcend the 1,000-unit gross sales mark. The Kiger, however, had whole gross sales of 500-odd items with a market share of lower than one %.
Except for the Jimny, the other three SUVs surpassed 10,000 units in sales
Maruti Suzuki may have joined the SUV market late, but it has quickly become the top-selling SUV manufacturer in recent months. The company’s current lineup includes four SUVs, including the 5-door Jimny and the Fronx crossover SUV based on the Baleno. Let’s take a look at the performance of each SUV in September 2023:
Model
September 2023
September 2022
August 2023
Brezza
15,001
15,445
14,572
Grand Vitara
11,736
4,769
11,818
Fronx
11,455
0
12,164
Jimny
2,651
0
3,104
Total
40,843
20,214
41,658
Key Takeaways
With over 15,000 units sold, the Maruti Brezza was the most popular SUV for Maruti in September 2023. While it saw a month-on-month (MoM) growth, its sales slightly declined compared to the previous year.
The Maruti Grand Vitara was the second most popular SUV, with sales of almost 11,800 units. While its year-on-year (YoY) sales increased significantly, its MoM sales dipped slightly.
The Maruti Fronx followed closely behind the Grand Vitara, with nearly 11,500 units sold. However, its MoM sales decreased by over 700 units.
The Maruti Jimny, with just over 2,600 units sold, was the least popular SUV for Maruti in September. It failed to surpass its August sales figure.
Overall, Maruti sold nearly 41,000 SUVs in September, more than double compared to the same period last year, when it only had two SUVs in its lineup.
