Four fashions on the record, together with the lately facelifted Kia Sonet, managed to cross the ten,000-unit gross sales mark in January 2024 gross sales
2024 began off on a constructive word for the sub-4m SUV section because the month-on-month (MoM) gross sales quantity elevated by over 40 %. The desk toppers had been nonetheless the standard crowd favourites such because the Tata Nexon and Maurti Brezza. Moreover, 4 of the whole seven SUVs on the record even crossed the ten,000-unit gross sales mark. The section, total, witnessed whole gross sales of over 60,000 models.
Here’s a have a look at how every mannequin on this section carried out in January 2024 gross sales:
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Sub-compact SUVs & crossovers |
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January 2024 |
December 2023 |
MoM Growth |
Market share present(%) |
Market share (% final 12 months) |
YoY mkt share (%) |
Average gross sales (6 months) |
|
|
Tata Nexon |
17182 |
15284 |
12.41 |
26.73 |
26.26 |
0.47 |
13802 |
|
Maruti Brezza |
15303 |
12844 |
19.14 |
23.8 |
24.22 |
-0.42 |
14734 |
|
Hyundai Venue |
11831 |
10383 |
13.94 |
18.4 |
18.11 |
0.29 |
11060 |
|
Kia Sonet |
11530 |
10 |
115200 |
17.93 |
15.62 |
2.31 |
4381 |
|
Mahindra XUV300 |
4817 |
3550 |
35.69 |
7.49 |
9.09 |
-1.6 |
4596 |
|
Nissan Magnite |
2863 |
2150 |
33.16 |
4.45 |
4.72 |
-0.27 |
2385 |
|
Renault Kiger |
750 |
865 |
-13.29 |
1.16 |
1.94 |
-0.78 |
877 |
|
Total |
64276 |
45086 |
42.56 |
99.96 |
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Takeaways
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The Tata Nexon was topped the best-selling sub-4m SUV in January 2024 gross sales with over 17,000 models offered. Its MoM determine went up by nearly 12.5 %, though its year-on-year (YoY) market share moved up solely marginally. These figures additionally embrace the gross sales information of the Tata Nexon EV.
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With over 15,000 models offered, the Maruti Brezza got here a detailed second on the January 2024 gross sales chart. The SUV even bettered its common 6-month gross sales numbers by 500-odd models.
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The Hyundai Venue’s whole gross sales got here near 12,000 models in January 2024 whereas its MoM quantity elevated by nearly 14 %. These figures are additionally inclusive of the gross sales figures of the Hyundai Venue N Line.
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With greater than 11,500 models dispatched, the refreshed Kia Sonet was the final sub-4m SUV to cross the ten,000-unit milestone. Its market share stood near 18 %.
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While the Mahindra XUV300’s whole gross sales crossed its common 6-month determine, its YoY market share dipped by a bit over 1.5 %. That mentioned, the Mahindra SUV is being readied to be launched in a facelifted avatar quickly.
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Of all of the fashions on the gross sales chart, it was solely the Renault Kiger that couldn’t even go previous the 1,000-unit mark. Its cousin, the Nissan Magnite, recorded whole gross sales of just about 3,000 models in January 2024. Their cumulative market share was lower than 10 %.
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