Maruti hatchbacks right here alone accounted for greater than 60 % of the overall gross sales
The gross sales report for compact and midsize hatchbacks is out for March 2024, and as common, Maruti hatchbacks dominated the gross sales chart. In truth, out of the six hatchbacks on this listing, 4 are from Maruti itself, whereas one is from Tata and one is from Hyundai. Let’s see how every of them carried out in final month’s gross sales.
Models
March 2024
March 2023
February 2024
Maruti Wagon R
16,368
17,305
19,412
Maruti Swift
15,728
17,559
13,165
Tata Tiago
6,381
7,366
6,947
Hyundai Grand i10 Nios
5,034
9,034
4,947
Maruti Celerio
3,478
4,646
3,586
Maruti Ignis
2,788
2,760
2,110
Key Takeaways
The Maruti Wagon R, surpassing the 16,000-unit gross sales mark, maintained its place because the best-selling hatchback in March 2024, regardless of experiencing month-on-month and year-on-year gross sales declines of 16 % and 5 %, respectively.
After the Wagon R, the Maruti Swift was the one different hatchback to surpass the gross sales mark of 10,000 models. In March 2024, greater than 15,700 models of the Swift had been dispatched, recording a constructive month-on-month progress of 19 %.
The Tata Tiago maintained its lead over the Hyundai Grand i10 Nios in March 2024, by 1,300 models. Tata dispatched over 6,000 models of the Tiago final month, nonetheless its month-to-month gross sales went down by 500-odd models.
The Hyundai Grand i10 Nios crossed the gross sales mark of 5,000 models in March 2024. Though its month-to-month demand remained constant, it confronted a major lack of 46 % in yearly gross sales.
With almost 3,500 models dispatched, the Maruti Celerio additionally maintained its constant demand in MoM gross sales. However, its YoY gross sales declined by over 1,000 models.
At final, the Maruti Ignis managed to draw greater than 2,700 patrons in March 2024 nonetheless it skilled a decline of 32 % in MoM gross sales.
All compact SUVs recorded a optimistic month-on-month (MoM) development in March 2024 gross sales
The Hyundai Creta, as ordinary, dominated compact SUV gross sales in March 2024, with the Maruti Grand Vitara following in second place. The section skilled an general development of round 10 p.c final month, with over 49,000 compact SUVs bought. Let’s see how every compact SUV carried out in March 2024 gross sales.
Compact SUVs & crossovers
March 2024
February 2024
MoM Growth
Market share present(%)
Market share (% final yr)
YoY mkt share (%)
Average gross sales (6 months)
Hyundai Creta
16458
15276
7.73
33.44
42.66
-9.22
12557
Maruti Grand Vitara
11232
11002
2.09
22.82
30.55
-7.73
10323
Kia Seltos
7912
6265
26.28
16.07
19.93
-3.86
9536
Toyota Hyryder
5965
5601
6.49
12.12
10.56
1.56
4486
Honda Elevate
3277
3184
2.92
6.65
0
6.65
4591
Volkswagen Taigun
1588
1286
23.48
3.22
6.01
-2.79
1766
Skoda Kushaq
1293
1137
13.72
2.62
6.84
-4.22
1887
MG Astor
1274
1036
22.97
2.58
3.5
-0.92
890
Citroen C3 Aircross
211
127
66.14
0.42
0
0.42
158
Total
49210
44914
9.56
Key Takeaways
The Hyundai Creta continued its domination because the top-selling compact SUV within the nation. Close to 16,500 items of the facelifted Creta have been bought in March 2024, and practically 8 p.c development was recorded in month-to-month gross sales. Though Creta’s year-on-year (YoY) market share went down by over 9 p.c, its March 2024 gross sales was nonetheless round 3,900 items greater than its common gross sales of the final six months.
After the Creta, the Maruti Grand Vitara was the one compact SUV to cross the ten,000 items gross sales mark. Maruti dispatched greater than 11,000 items of the Grand Vitara in March, sustaining the constant month-to-month demand.
With greater than 7,900 items bought, the Kia Seltos’ MoM gross sales went up by greater than 26 p.c in March 2024. However, this determine was nonetheless round 1,600 items decrease than its common gross sales of the previous six months.
The Toyota Hyrder, the mechanical sibling of the Grand Vitara, discovered shut to six,000 patrons in March 2024. No month-to-month losses reported for Toyota’s compact SUV final month.
Honda Elevate additionally maintained a constant MoM demand crossing the gross sales mark of three,000 items. However, it nonetheless fell wanting round 1,300 items in comparison with its common gross sales of the previous six months.
Volkswagen bought 300 extra items of the Taigun compact SUV in March 2024, with its whole gross sales crossing 1,500 items. Taigun’s YoY market share nevertheless declined by practically 3 p.c.
Just just like the Taigun, the Skoda Kushaq additionally registered a optimistic development of over 13 p.c in March 2024, with near 1,300 items retailed. Its YoY market share additionally took a success of greater than 4 p.c.
The MG Astor recorded a MoM development of near 23 p.c, and managed to cross the gross sales mark of 1,000 items.
The Citroen C3 Aircross remained the least promoting compact SUV in March 2024 because it discovered simply over 200 takers final month.
