The section witnessed whole gross sales of over 55,000 models however it was down by greater than 13 % in comparison with October 2023

In November 2023, the compact SUV section skilled an total month-on-month (MoM) gross sales decline of over 13 %. The Mahindra Scorpio topped the listing for the second consecutive time, intently adopted by the Hyundai Creta and Kia Seltos. Let’s take a look on the detailed gross sales report for every mannequin within the desk beneath.

Key Takeaways

• Despite going through an MoM lack of over 10 %, the Mahindra Scorpio outperformed each the Hyundai Creta and Kia Seltos, rising because the best-selling SUV in November 2023. It crossed the gross sales mark of 12,000 models. Please be aware that these figures mix the gross sales of the Mahindra Scorpio N in addition to Scorpio Classic.

• After the Scorpio, the Hyundai Creta and Kia Seltos had been the one two SUVs to surpass the gross sales mark of 10,000 models in November 2023. However, each the Creta and Seltos skilled month-over-month (MoM) gross sales declines of practically 10 % and 5.50 %, respectively.

• At fourth place, the Maruti Grand Vitara skilled the very best MoM lack of over 26 %. Despite recording gross sales of practically 8,000 models, the Grand Vitara’s November 2023 gross sales fell roughly 2,500 models wanting the typical gross sales mark over the past six months.

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• The Honda Elevate, launched in September 2023, crossed the gross sales mark of 4,500 models in November 2023. And but, Honda’s compact SUV confronted a slight lower of 4 % in month-to-month gross sales.

• Toyota’s model of the Grand Vitara and the Urban Cruiser Hyryder, additionally skilled a notable lack of virtually 25 % in month-over-month (MoM) gross sales. In November 2023, Toyota bought 3,000-odd models of the Hyryder, roughly 500 models lower than its common gross sales over the past six months. Besides, its year-on-year (YoY) market share noticed a staggering 200 % decline.

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• Experiencing month-over-month losses of over 20 %, the Volkswagen Taigun and Skoda Kushaq did not surpass the collective gross sales mark of 4,000 models in November 2023. Their particular person market share, too, was lower than 5 % in November gross sales.

• Lastly, the MG Astor was the one compact SUV final month with lower than 1,000 models retailed. Moreover, it had a market share of a meagre 1.3 %.

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