April 2024 Cars Sales Analysis - SUV YoY, MoM Change, 6-Month Trend | V3Cars

11 May 2024
By Prathu Sharma
0

In this April 2024 car sales analysis article, we’ll look at the YoY and MoM change in sales figures of all SUVs in India. We’ll also share our observations based on the sales data and possible reasons behind a massive increase or drop in sales, where applicable. Lastly, the table with monthly sales of all SUVs for the last 6 months will give you an idea about their 6-month sales trend.

SUV Segment April 2024 Car Sales - YoY Change

Top Gainers:
- Tata Punch: The Tata Punch in the B1 segment experienced a significant year-on-year increase of 75.21% in sales.
- Maruti Suzuki Brezza: The Maruti Suzuki Brezza in the B2 segment saw a notable year-on-year increase of 44.58% in sales.
- Mahindra Scorpio N + Classic: The Mahindra Scorpio N + Classic in the D1 segment experienced a significant year-on-year increase of 53.97% in sales.
Top Losers:
- Tata Nexon: The Tata Nexon in the B2 segment faced a notable year-on-year decrease of 25.56% in sales.
- MG Hector + Hector Plus: The MG Hector + Hector Plus in the D1 segment saw a significant year-on-year decrease of 41.57% in sales. This decline could be attributed to various factors such as market saturation, pricing strategy, or the introduction of newer competitors in the segment.
Other Insights:
- Segment Dynamics: The data reflects mixed performance across different SUV segments, with some experiencing growth while others facing declines. Understanding these segment dynamics is crucial for manufacturers to tailor their strategies and offerings effectively.
- Competition: The SUV market is highly competitive, with numerous players vying for market share. Brands need to continuously innovate and differentiate their offerings to stay relevant and meet the evolving needs and preferences of consumers.
- Electric Vehicle (EV) Trends: The data includes a few EV models, such as the Kia EV6 and MG ZS EV, which experienced varying degrees of performance. The success of EVs in the SUV segment depends on factors such as infrastructure development, range, pricing, and government incentives.
- In conclusion, while some SUV models experience growth, others face declines in sales. By analyzing market trends, understanding consumer preferences, and making strategic decisions, manufacturers can navigate challenges and capitalize on opportunities to strengthen their position in the SUV segment.

SUV APRIL 2024 CAR SALES YOY CHANGE
S.No.	Brand	Model	Segment	Apr 2024	Apr 2023	Change	%Change	Trend
1	Tata	Punch	B1	19,158	10,934	8,224	75.21%
2	Maruti Suzuki	Brezza	B2	17,113	11,836	5,277	44.58%
3	Hyundai	Creta	C1	15,447	14,186	1,261	8.89%
4	Mahindra	Scorpio N + Classic	D1	14,807	9,617	5,190	53.97%
5	Maruti Nexa	Fronx	B2	14,286	8,784	5,502	62.64%
6	Tata	Nexon	B2	11,168	15,002	-3,834	-25.56%
7	Mahindra	Bolero + Neo	B2	9,537	9,054	483	5.33%
8	Hyundai	Venue	B2	9,120	10,342	-1,222	-11.82%
9	Kia	Sonet	B2	7,901	9,744	-1,843	-18.91%
10	Hyundai	Exter	B2	7,756	-	7,756	-	-
11	Maruti Nexa	Grand Vitara	C1	7,651	7,742	-91	-1.18%
12	Kia	Seltos	C1	6,734	7,213	-479	-6.64%
13	Mahindra	Thar	B2	6,160	5,302	858	16.18%
14	Mahindra	XUV700	D1	6,134	4,757	1,377	28.95%
15	Mahindra	XUV300	B2	4,003	5,062	-1,059	-20.92%
16	Toyota	Hyryder	C1	3,252	2,616	636	24.31%
17	Maruti Suzuki	S-Presso	A	2,476	2,562	-86	-3.36%
18	Nissan	Magnite	B2	2,404	2,617	-213	-8.14%
19	Toyota	Fortuner	D2	2,325	2,578	-253	-9.81%
20	MG	Hector + Hector Plus	D1	1,813	3,103	-1,290	-41.57%
21	Volkswagen	Taigun	C1	1,758	1,520	238	15.66%
22	Tata	Harrier	C2	1,746	2,783	-1,037	-37.26%
23	Honda	Elevate	C1	1,731	-	1,731	-	-
24	Tata	Safari	D1	1,716	2,029	-313	-15.43%
25	Hyundai	Alcazar	C2	1,219	2,037	-818	-40.16%
26	Skoda	Kushaq	C1	1,159	2,162	-1,003	-46.39%
27	Renault	Kiger	B2	1,059	1,162	-103	-8.86%
28	MG	Astor	C1	1,019	704	315	44.74%
29	MG	ZS EV	C1	536	463	73	15.77%
30	Mahindra	XUV400	B2	347	902	-555	-61.53%
31	Jeep	Compass	C2	282	266	16	6.02%
32	Maruti Nexa	Jimny	B2	257	-	257	-	-
33	Citroen	C3	B2	251	741	-490	-66.13%
34	Hyundai	Tucson	D1	201	550	-349	-63.45%
35	Skoda	Kodiaq	D1	154	140	14	10.00%
36	MG	Gloster	D2	124	281	-157	-55.87%
37	Volkswagen	Tiguan	C2	108	31	77	248.39%
38	Jeep	Meridian	D2	95	292	-197	-67.47%
39	Citroen	EC3	B2	59	252	-193	-76.59%
40	Kia	EV6	D1	5	152	-147	-96.71%
41	Citroen	C5 Aircross	C2	1	10	-9	-90.00%
42	Hyundai	Kona	C1	0	0	0	-	-

SUV Segment April 2024 Car Sales - MoM Change

Top Gainers:
- Maruti Suzuki Brezza: The Brezza experienced a significant month-over-month increase of 17.10% in sales. This could be attributed to factors such as promotional offers, marketing campaigns, or consumer demand for SUVs in this segment.
- Tata Punch: The Tata Punch saw a notable month-over-month increase of 9.18% in sales. This could indicate positive reception among consumers for this recently launched model, possibly due to its features, pricing, or perceived value.
- Mahindra XUV300: The XUV300 witnessed a substantial month-over-month increase of 93.19% in sales. This could be due to various factors such as discounts, incentives, or improvements in supply chain management leading to higher availability.
Top Losers:
- Toyota Hyryder: The Hyryder experienced a significant month-over-month decrease of 45.48% in sales. This decline could be due to factors such as market saturation, competitive pressure, or specific issues with the model.
- Honda Elevate: The Elevate saw a notable month-over-month decrease of 47.18% in sales. This could be attributed to various factors such as supply chain disruptions, changing consumer preferences, or intense competition in the SUV segment.
- Maruti Nexa Grand Vitara: The Grand Vitara faced a significant month-over-month decrease of 31.88% in sales. This decline could indicate challenges in maintaining market demand for this model, possibly due to aging design or increased competition in the segment.
Other Insights:
- Segment Dynamics: The data reflects mixed performance across different SUV segments, with some experiencing growth while others facing declines. Understanding these segment dynamics is crucial for manufacturers to adjust their strategies effectively.
- Brand Performance: Maruti Suzuki and Tata are notable brands with multiple models in the top gainers' list, indicating their strong performance in the SUV segment. Conversely, some models from established brands like Toyota and Honda faced declines, highlighting the competitive nature of the market.
- Electric Vehicle (EV) Trends: The data includes a few EV models, such as the Kia EV6 and MG ZS EV, which experienced varying degrees of performance. Despite the overall decline in sales for the Kia EV6, the model saw a significant month-over-month increase, indicating potential growth in the EV segment.
- In conclusion, while some SUV models experienced growth in sales, others faced declines. Manufacturers need to analyze market trends, consumer preferences, and competitive dynamics to adapt their strategies and stay competitive in the SUV segment.

SUV APRIL 2024 CAR SALES MOM CHANGE
S.No.	Brand	Model	Segment	Apr 2024	Mar 2024	Change	%Change	Trend
1	Tata	Punch	B1	19,158	17,547	1,611	9.18%
2	Maruti Suzuki	Brezza	B2	17,113	14,614	2,499	17.10%
3	Hyundai	Creta	C1	15,447	16,458	-1,011	-6.14%
4	Mahindra	Scorpio N + Classic	D1	14,807	15,151	-344	-2.27%
5	Maruti Nexa	Fronx	B2	14,286	12,531	1,755	14.01%
6	Tata	Nexon	B2	11,168	14,058	-2,890	-20.56%
7	Mahindra	Bolero + Neo	B2	9,537	10,347	-810	-7.83%
8	Hyundai	Venue	B2	9,120	9,614	-494	-5.14%
9	Kia	Sonet	B2	7,901	8,750	-849	-9.70%
10	Hyundai	Exter	B2	7,756	8,475	-719	-8.48%
11	Maruti Nexa	Grand Vitara	C1	7,651	11,232	-3,581	-31.88%
12	Kia	Seltos	C1	6,734	7,912	-1,178	-14.89%
13	Mahindra	Thar	B2	6,160	6,049	111	1.84%
14	Mahindra	XUV700	D1	6,134	6,611	-477	-7.22%
15	Mahindra	XUV300	B2	4,003	2,072	1,931	93.19%
16	Toyota	Hyryder	C1	3,252	5,965	-2,713	-45.48%
17	Maruti Suzuki	S-Presso	A	2,476	2,497	-21	-0.84%
18	Nissan	Magnite	B2	2,404	2,701	-297	-11.00%
19	Toyota	Fortuner	D2	2,325	3,621	-1,296	-35.79%
20	MG	Hector + Hector Plus	D1	1,813	1,887	-74	-3.92%
21	Volkswagen	Taigun	C1	1,758	1,588	170	10.71%
22	Tata	Harrier	C2	1,746	2,054	-308	-15.00%
23	Honda	Elevate	C1	1,731	3,277	-1,546	-47.18%
24	Tata	Safari	D1	1,716	2,063	-347	-16.82%
25	Hyundai	Alcazar	C2	1,219	1,420	-201	-14.15%
26	Skoda	Kushaq	C1	1,159	1,293	-134	-10.36%
27	Renault	Kiger	B2	1,059	1,050	9	0.86%
28	MG	Astor	C1	1,019	1,274	-255	-20.02%
29	MG	ZS EV	C1	536	481	55	11.43%
30	Mahindra	XUV400	B2	347	350	-3	-0.86%
31	Jeep	Compass	C2	282	329	-47	-14.29%
32	Maruti Nexa	Jimny	B2	257	318	-61	-19.18%
33	Citroen	C3	B2	251	265	-14	-5.28%
34	Hyundai	Tucson	D1	201	110	91	82.73%
35	Skoda	Kodiaq	D1	154	136	18	13.24%
36	MG	Gloster	D2	124	131	-7	-5.34%
37	Volkswagen	Tiguan	C2	108	94	14	14.89%
38	Jeep	Meridian	D2	95	96	-1	-1.04%
39	Citroen	EC3	B2	59	530	-471	-88.87%
40	Kia	EV6	D1	5	1	4	400.00%
41	Citroen	C5 Aircross	C2	1	0	1	-	-
42	Hyundai	Kona	C1	0	71	-71	-100.00%

SUV Cars — 6-Month Sales Trend (Nov 2023 - Apr 2024)

SUV 6-MONTH SALES TREND NOV 2023 - APR 2024
Brand	Model	Segment	Nov 2023	Dec 2023	Jan 2024	Feb 2024	Mar 2024	Apr 2024	6 Month Avg
Tata	Punch	B1	14,383	13,787	17,978	18,438	17,547	19,158	16,882
Maruti Suzuki	Brezza	B2	13,393	12,844	15,303	15,765	14,614	17,113	14,839
Tata	Nexon	B2	14,916	15,284	17,182	14,395	14,058	11,168	14,501
Mahindra	Scorpio N + Classic	D1	12,185	11,355	14,293	15,051	15,151	14,807	13,807
Hyundai	Creta	C1	11,814	9,243	13,212	15,276	16,458	15,447	13,575
Maruti Nexa	Fronx	B2	9,867	9,692	13,643	14,168	12,531	14,286	12,365
Hyundai	Venue	B2	11,180	10,383	11,831	8,933	9,614	9,120	10,177
Maruti Nexa	Grand Vitara	C1	7,937	6,988	13,438	11,002	11,232	7,651	9,708
Mahindra	Bolero + Neo	B2	9,333	7,995	9,964	10,113	10,347	9,537	9,548
Kia	Seltos	C1	11,684	9,957	6,391	6,265	7,912	6,734	8,157
Hyundai	Exter	B2	8,325	7,516	8,229	7,582	8,475	7,756	7,981
Kia	Sonet	B2	6,433	10	11,530	9,102	8,750	7,901	7,288
Mahindra	XUV700	D1	7,221	5,881	7,206	6,546	6,611	6,134	6,600
Mahindra	Thar	B2	5,810	5,793	6,059	5,812	6,049	6,160	5,947
Toyota	Hyryder	C1	3,005	4,976	5,543	5,601	5,965	3,252	4,724
Mahindra	XUV300	B2	4,673	3,550	4,817	4,218	2,072	4,003	3,889
Honda	Elevate	C1	4,755	4,376	4,586	3,184	3,277	1,731	3,652
Toyota	Fortuner	D2	1,876	3,104	3,213	3,395	3,621	2,325	2,922
Nissan	Magnite	B2	2,454	2,150	2,863	2,755	2,701	2,404	2,555
Tata	Safari	D1	2,207	2,103	2,893	2,648	2,063	1,716	2,272
Maruti Suzuki	S-Presso	A	1,883	60	3,454	3,059	2,497	2,476	2,238
Tata	Harrier	C2	2,326	1,404	2,626	2,562	2,054	1,746	2,120
MG	Hector + Hector Plus	D1	2,130	2,184	1,817	1,826	1,887	1,813	1,943
Volkswagen	Taigun	C1	1,771	2,456	1,275	1,286	1,588	1,758	1,689
Skoda	Kushaq	C1	1,908	2,485	1,082	1,137	1,293	1,159	1,511
Hyundai	Alcazar	C2	1,913	954	1,827	1,290	1,420	1,219	1,437
MG	Astor	C1	726	821	966	1,036	1,274	1,019	974
Renault	Kiger	B2	530	865	750	1,047	1,050	1,059	884
Mahindra	XUV400	B2	710	535	697	610	350	347	542
MG	ZS EV	C1	428	464	398	582	481	536	482
Maruti Nexa	Jimny	B2	1,020	730	163	322	318	257	468
Jeep	Compass	C2	216	246	286	204	329	282	261
Citroen	C3	B2	265	309	234	211	265	251	256
Hyundai	Tucson	D1	118	209	183	157	110	201	163
MG	Gloster	D2	172	140	139	168	131	124	146
Citroen	EC3	B2	18	0	184	83	530	59	146
Volkswagen	Tiguan	C2	150	275	113	102	94	108	140
Skoda	Kodiaq	D1	126	225	53	89	136	154	131
Jeep	Meridian	D2	101	190	110	127	96	95	120
Hyundai	Kona	C1	19	19	102	86	71	0	50
Kia	EV6	D1	25	6	0	1	1	5	6
Citroen	C5 Aircross	C2	5	2	1	0	0	1	2

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ABOUT THE AUTHOR

Prathu Sharma

Engineer by upbringing, artist by passion, motorhead because, why not! Likes to know about everything related to technology, switches between american muscle and german innovation depending on the day. Wants to own 69' Mustang Mach 1 and to drive BMW M3 87'someday.