Only two SUVs right here witnessed a development of their month-on-month (MoM) gross sales numbers
The sub-4m SUV section has seven key members together with the group favourites such because the Tata Nexon and Maruti Brezza. While the Nexon dominated the section’s gross sales chart within the final couple of months, February 2024 witnessed the Maruti SUV regain the highest spot. The section, total, witnessed gross sales of over 55,000 models but it surely was down by greater than 12.5 p.c in comparison with January 2024.
Here’s an in depth have a look at how these SUVs carried out in February 2024 gross sales:
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Sub-compact SUVs & crossovers |
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February 2024 |
January 2024 |
MoM Growth |
Market share present(%) |
Market share (% final 12 months) |
YoY mkt share (%) |
Average gross sales (6 months) |
|
|
Maruti Brezza |
15765 |
15303 |
3.01 |
28.04 |
27.53 |
0.51 |
14527 |
|
Tata Nexon |
14395 |
17182 |
-16.22 |
25.6 |
24.27 |
1.33 |
14607 |
|
Kia Sonet |
9102 |
11530 |
-21.05 |
16.19 |
17.15 |
-0.96 |
5595 |
|
Hyundai Venue |
8933 |
11831 |
-24.49 |
15.89 |
17.43 |
-1.54 |
11355 |
|
Mahindra XUV300 |
4218 |
4817 |
-12.43 |
7.5 |
6.64 |
0.86 |
4643 |
|
Nissan Magnite |
2755 |
2863 |
-3.77 |
4.9 |
3.8 |
1.1 |
2504 |
|
Renault Kiger |
1047 |
750 |
39.6 |
1.86 |
3.14 |
-1.28 |
828 |
|
Total |
56215 |
64276 |
-12.54 |
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Key Takeaways
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With over 15,000 models shipped, the Maruti Brezza took again the crown of the best-selling sub-4m SUV. Its market share stood at a little bit over 28 p.c.
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The Tata Nexon slipped to the second spot with whole gross sales of over 14,000 models. Its month-on-month (MoM) determine dipped by over 16 p.c and it did not even match its common 6-month gross sales numbers. Do word that the whole gross sales determine contains gross sales information of the Tata Nexon EV as nicely.
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While the Kia Sonet’s February 2024 gross sales beat its common 6-month gross sales figures, the SUV witnessed a drop in its MoM quantity by greater than 21 p.c. Even its year-on-year (YoY) market share decreased by round 1 p.c.
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The Hyundai Venue was shut on the heels of the Sonet because it registered whole gross sales of practically 9,000 models. Its market share stood near 16 p.c in February 2024. Note that the Venue’s gross sales figures additionally embody the gross sales information of the Hyundai Venue N Line.
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Although the Mahindra XUV300 managed to cross the 4,000-unit gross sales mark, it did not transcend its common 6-month gross sales determine. Its market share stood at 7.5 p.c.
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The mixed gross sales of the Nissan Magnite and Renault Kiger didn’t handle to transcend the 4,000-unit gross sales mark, placing each the SUVs behind the XUV300. That mentioned, the Kiger was the one different SUV (after the Brezza right here) to witness a optimistic MoM development of practically 40 p.c.
Also Read: Here’s How Long It Will Take To Get A Subcompact SUV Home This March
Read More on : Brezza on road price