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

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 April 2024 Sales

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

Note: Calculate Car Fuel Cost with V3Cars for India and Other Countries

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.

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