The Tata Harrier and Safari witnessed robust progress of their month-on-month demand
In January 2024, the midsize SUV section skilled an general month-over-month (MoM) progress of almost 27 p.c. Most SUVs demonstrated constructive MoM gross sales progress final month with Mahindra’s Scorpio N and Scorpio Classic promoting almost twice as many items (collectively) than the subsequent highest-selling mid-size SUV – the Mahindra XUV700. Let’s see how every midsize SUV has carried out final month on this detailed gross sales report.
Mid-size SUVs |
|||||||
January 2024 |
December 2023 |
MoM Growth |
Market share present(%) |
Market share (% final 12 months) |
YoY mkt share (%) |
Average gross sales (6 months) |
|
Mahindra Scorpio |
14293 |
11355 |
25.87 |
45.74 |
83.27 |
-37.53 |
11564 |
Mahindra XUV700 |
7206 |
5881 |
22.53 |
23.06 |
55.29 |
-32.23 |
7274 |
Tata Safari |
2893 |
2103 |
37.56 |
9.25 |
9.86 |
-0.61 |
1479 |
Tata Harrier |
2626 |
1404 |
87.03 |
8.4 |
15.02 |
-6.62 |
1722 |
Hyundai Alcazar |
1827 |
954 |
91.5 |
5.84 |
14.68 |
-8.84 |
1603 |
MG Hector |
1817 |
2184 |
-16.8 |
5.81 |
23.32 |
-17.51 |
2305 |
Jeep Compass |
286 |
246 |
16.26 |
0.91 |
4.63 |
-3.72 |
283 |
Hyundai Tucson |
183 |
209 |
-12.44 |
0.58 |
1.72 |
-1.14 |
207 |
Volkswagen Tiguan |
113 |
275 |
-58.9 |
0.36 |
0.68 |
-0.32 |
162 |
Citroen C5 Aircross |
1 |
2 |
-50 |
0 |
0.15 |
-0.15 |
5 |
Total |
31245 |
24613 |
26.94 |
99.95 |
Key Takeaways
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The Mahindra Scorpio moniker has all the time been a high-selling SUV, with its numbers amplified because the figures are mixed for each the Scorpio N and Scorpio Classic variations. It claimed the highest spot because the best-selling midsize SUV in January 2024 with a present market share of over 45 p.c. The gross sales of the Mahindra Scorpio alone exceeded the mixed gross sales of the Tata Harrier, Safari, Hyundai Alcazar, MG Hector, Jeep Compass, Hyundai Tucson, Volkswagen Tiguan, and Citroen C5 Aircross. It’s vital to notice that these gross sales figures embody each the Mahindra Scorpio N and the Mahindra Scorpio Classic.
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The Mahindra XUV700 was the second best-selling midsize SUV final month. With over 7,000 items retailed, its January 2024 gross sales stay constant to the typical gross sales of the previous six months, indicating constant demand available in the market.
Also Check Out: Mahindra Still Has Pending Orders Over 2 Lakh To Fulfil, Dominated By Scorpio Classic, Scorpio N And Thar
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Both Tata Harrier and Tata Safari registered a constructive progress in month-to-month gross sales, and Tata retailed over 5,500 items of each SUVs mixed. Their January 2024 gross sales had been additionally greater than the typical gross sales of the final six months.
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In January, the Hyundai Alcazar witnessed the best month-over-month (MoM) progress, exceeding 91 p.c, with 1,827 items retailed. However, Alcazar’s year-on-year (YoY) market share decreased by almost 9 p.c.
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MG additionally retailed over 1,800 items of the Hector midsize SUV, securing it the sixth spot within the gross sales desk. However, Hector’s month-over-month (MoM) gross sales decreased by almost 17 p.c in January. It’s vital to notice that these gross sales figures embody each the five-seater MG Hector and the three-row MG Hector Plus.
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Despite sustaining constant gross sales efficiency during the last six months, the Jeep Compass solely attracted 286 patrons final month. Its YoY market share diminished by greater than 3 p.c, presently standing at lower than 1 p.c within the section.
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The Tucson, Hyundai’s flagship ICE (inner combustion engine) powered SUV in India, skilled a decline of round 12.5 p.c in gross sales final month with lower than 200 items offered.
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In January 2024 gross sales, the Volkswagen Tiguan took the ninth spot within the gross sales desk, experiencing the best MoM lack of round 59 p.c.
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The Citroen C5 Aircross solely managed to seek out one purchaser in January 2024, making it the least offered mannequin in its section for the month.
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