After the release of the Tata Nexon facelift, its sales in September nearly doubled compared to the previous month.
In September 2023, the sales of sub-4m SUVs saw an increase compared to August. The total sales reached almost 56,000 units, with Tata, Maruti, and Hyundai selling more than 10,000 units each. Let’s analyze the performance of each SUV:
Sub-compact SUVs & crossovers |
|||||||
September 2023 |
August 2023 |
MoM Growth |
Market share current(%) |
Market share (% last year) |
YoY mkt share (%) |
Average sales (6 months) |
|
Tata Nexon |
15,325 |
8,049 |
90.39 |
27.41 |
25.34 |
2.07 |
14,047 |
Maruti Brezza |
15,001 |
14,572 |
2.94 |
26.83 |
25.52 |
1.31 |
14,062 |
Hyundai Venue |
12,204 |
10,948 |
11.47 |
21.82 |
18.88 |
2.94 |
10,371 |
Kia Sonet |
4,984 |
4,120 |
20.97 |
8.91 |
13.17 |
-4.26 |
8,079 |
Mahindra XUV300 |
4,961 |
4,992 |
-0.62 |
8.87 |
7.26 |
1.61 |
4,792 |
Nissan Magnite |
2,454 |
2,528 |
-2.92 |
4.38 |
5.36 |
-0.98 |
2,564 |
Renault Kiger |
980 |
929 |
5.48 |
1.75 |
4.43 |
-2.68 |
1,522 |
Total |
55,909 |
46,138 |
21.17 |
99.97 |
Key Takeaways
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The Tata Nexon, with over 15,300 units sold, was not only the best-selling SUV in its segment but also the highest-selling SUV overall in September 2023. Its sales experienced a significant growth of over 90 percent month-on-month (MoM), resulting in a market share of almost 27.5 percent. This number includes the sales figures of the new Tata Nexon EV as well. Both models recently received a facelift.
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The Maruti Brezza came in second place with just over 15,000 units sold. Its year-on-year (YoY) market share increased by slightly over 1.3 percent.
Also Check Out: Maruti Brezza vs Tata Nexon
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The Hyundai Venue was the only other SUV to surpass the 10,000-unit sales mark. Its MoM sales increased by 11 percent. This number includes the sales of the Hyundai Venue N Line, the sportier version of the SUV.
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The Kia Sonet achieved sales of almost 5,000 units, showing a strong MoM growth rate of 20 percent. While it may have half the sales of its Hyundai cousin, it still holds the fourth-highest position in terms of sales with a market share just under 9 percent.
Also See: Kia Sonet Facelift Interior Seen On Camera For The First Time
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The last two spots on the segment charts were taken by the Nissan Magnite and Renault Kiger SUVs. The Nissan Magnite sold close to 2,500 units, while the Renault Kiger failed to surpass 1,000 units. As a result, both SUVs had a market share of less than 5 percent in September 2023. Nissan recently introduced the option of an AMT with the Magnite, which could potentially impact its sales in October 2023.
Read More on : Nexon AMT