Hyundai Venue surpasses Maruti Brezza to become the second best-selling subcompact SUV
In June, the sub-4m SUV segment in India saw a 4.5% decline in month-on-month (MoM) sales. Despite this, three sub-4m SUVs crossed the 10,000 unit sales mark last month. The Tata Nexon continues to dominate the segment in terms of volume, but let’s take a closer look at the model-wise sales numbers for June 2023.
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Sub-compact SUVs |
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|
June 2023 |
May 2023 |
MoM Growth |
Market share current(%) |
Market share (% last year) |
YoY mkt share (%) |
Average sales (6 months) |
|
|
Tata Nexon |
13827 |
14423 |
-4.13 |
25.97 |
29.79 |
-3.82 |
14288 |
|
Hyundai Venue |
11606 |
10213 |
13.63 |
21.8 |
21.51 |
0.29 |
9930 |
|
Maruti Brezza |
10578 |
13398 |
-21.04 |
19.87 |
9.18 |
10.69 |
13801 |
|
Kia Sonet |
7722 |
8251 |
-6.41 |
14.5 |
15.54 |
-1.04 |
8590 |
|
Mahindra XUV300 |
5094 |
5125 |
-0.6 |
9.57 |
9.91 |
-0.34 |
4894 |
|
Nissan Magnite |
2552 |
2618 |
-2.52 |
4.79 |
6.94 |
-2.15 |
2584 |
|
Renault Kiger |
1844 |
1713 |
7.64 |
3.46 |
7.11 |
-3.65 |
1582 |
|
Total |
53223 |
55741 |
-4.51 |
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Key Takeaways
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Tata Nexon remains the leader in sales, with nearly 14,000 units sold in June 2023 despite a 4% MoM drop. It’s important to note that these numbers include the sales of Nexon EV Max and Nexon EV Prime. Tata is currently working on the Nexon facelift for 2024, as spy shots have surfaced online.
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With a MoM growth of over 13%, Hyundai Venue has climbed to the second spot in the sales chart for subcompact SUVs in June. Hyundai sold over 11,500 units of the Venue and currently holds over a fifth of the segment’s market share.
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Maruti Brezza experienced the highest MoM decline of over 21% and dropped to the third position in the sales chart. Although it still managed to cross the 10,000 unit sales mark, its sales in June 2023 were over 3,000 units lower compared to its average sales over the last six months.
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The Kia Sonet continues to hold the fourth position in the monthly sales tally for the segment, with over 7,500 units sold last month. It experienced a MoM decline of nearly 6.5%.
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The Renault Kiger remains the lowest-selling subcompact SUV in June 2023, despite a MoM growth of over 7.5%. It did not exceed 2,000 units in sales last month.
Read More on: Nexon AMT