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January 2024 Maruti Suzuki, Nexa Car Sales Analysis – YoY, MoM Change, 6-Month Trend | V3Cars

In this January 2024 Maruti Suzuki Cars sales analysis article, we’ll look at the car sales of Arena and Nexa for the previous month. We’ll also compare the YoY and MoM change to find out which Maruti cars’ sales improved and which ones declined.

Maruti Car Sales Analysis

January 2024 - Maruti Suzuki Arena & Nexa Car Sales Figures - YoY Change

  • Top Gainers:

    • Dzire: The Dzire sedan witnessed a remarkable YoY growth of 48.21%, with sales increasing from 11,317 units in January 2024 to 16,773 units in January 2024.
    • Ertiga: The Ertiga MPV also performed exceptionally well, showing a YoY growth of 50.07%, with sales rising from 9,750 units to 14,632 units.
    • Grand Vitara: The Grand Vitara SUV experienced significant growth, with sales climbing by 55.14%, from 8,662 units to 13,438 units.
  • Top Losers:

    • Alto K10: The Alto K10 hatchback faced a substantial decline, with sales plummeting by 42.11%, from 21,411 units to 12,395 units.
    • Ignis: The Ignis hatchback saw a sharp decrease, with sales dropping by 55.53%, from 5,842 units to 2,598 units.
    • S-Presso: The S-Presso SUV also experienced a decline, with sales decreasing by 14.40%, from 4,035 units to 3,454 units.
  • Other Observations:

    • Baleno remained the top-selling model, with consistent growth (20.01%) year-on-year.
    • WagonR faced a decline of 13.24%, selling 17,756 units in January 2024 compared to 20,466 units in January 2024.
    • Swift witnessed a minor decline of 6.51%, selling 15,370 units in January 2024.
    • Brezza showed a modest growth of 6.57%, selling 15,303 units.
    • XL6, a Nexa MPV, had a substantial YoY growth of 68.98%, selling 4,363 units.
  • Notable Additions:

    • Fronx, Invicto, and Jimny are new models introduced in January 2024. While Fronx and Jimny fall under the SUV segment, Invicto belongs to the MPV category.
    • In summary, the Dzire, Ertiga, and Grand Vitara emerged as the top gainers, while the Alto K10 and Ignis faced significant declines.

Also Read: June 2023 - Maruti Nexa Jimny Petrol Variants Explained - Which One To Buy?

MARUTI SUZUKI ARENA & NEXA CAR SALES - JANUARY 2024

YOY CHANGE

Rank

Model

Segment

Body-Type

Jan 2024

Jan 2023

Change

%Change

Trend

1

Baleno

B2

Hatch

19,630

16,357

3,273

20.01

2

WagonR

B1

Hatch

17,756

20,466

-2,710

-13.24

3

Dzire

B2

Sedan

16,773

11,317

5,456

48.21

4

Swift

B1

Hatch

15,370

16,440

-1,070

-6.51

5

Brezza

B2

SUV

15,303

14,359

944

6.57

6

Ertiga

C1

MPV

14,632

9,750

4,882

50.07

7

Fronx

B2

SUV

13,643

-

-

-

-

8

Grand Vitara

C1

SUV

13,438

8,662

4,776

55.14

9

Alto K10

A

Hatch

12,395

21,411

-9,016

-42.11

10

Eeco

A

MPV

12,019

11,709

310

2.65

11

Celerio

A

Hatch

4,406

3,418

988

28.91

12

XL6

C2

MPV

4,363

2,582

1,781

68.98

13

S-Presso

A

SUV

3,454

4,035

-581

-14.40

14

Ignis

B1

Hatch

2,598

5,842

-3,244

-55.53

15

Invicto

D1

MPV

496

-

-

-

-

16

Ciaz

C2

Sedan

363

1,000

-637

-63.70

17

Jimny

B2

SUV

163

-

-

-

-

January 2024 - Maruti Suzuki Arena & Nexa Car Sales Figures - MoM Change

  • Top Gainers:

    • Baleno: The Baleno hatchback witnessed substantial growth, with sales soaring by 83.99%, from 10,669 units in December 2023 to 19,630 units in January 2024.
    • WagonR: The WagonR hatchback also performed exceptionally well, showing a MoM growth of 106.99%, with sales rising from 8,578 units to 17,756 units.
    • Dzire: The Dzire sedan experienced a healthy increase, with sales growing by 19.70%, from 14,012 units to 16,773 units.
  • Top Losers:

    • Ignis: The Ignis hatchback faced a decline, with sales dropping by 562.76%, from 392 units to 2,598 units.
    • Jimny: The Jimny SUV also saw a significant decrease, with sales declining by 77.67%, from 730 units to 163 units.
    • Ciaz: The Ciaz sedan had a notable decline, with sales decreasing by 25.77%, from 489 units to 363 units.
  • Other Observations:

    • Alto K10 emerged as the highest-selling model, with a staggering 396.40% MoM growth, selling 12,395 units.
    • S-Presso showed remarkable growth, with sales increasing by 5656.67%, from 60 units to 3,454 units.
    • XL6 and Ertiga experienced moderate growth, with sales rising by 96.00% and 12.77%, respectively.
    • Invicto, a new MPV model, had a negligible decline of -1.20%.
    • Grand Vitara SUV sales surged significantly, with a 92.30% MoM growth, selling 13,438 units.
  • Notable Additions:

    • Fronx, a new SUV model, entered the market with 13,643 units sold in January 2024.
    • In summary, the Baleno, WagonR, and Dzire emerged as the top gainers, while the Ignis, Jimny, and Ciaz faced significant declines.

Also read: June 2023 - Maruti Nexa Baleno Petrol, CNG Variants Explained - Which One To Buy? 

MARUTI SUZUKI ARENA & NEXA CAR SALES - JANUARY 2024

MOM CHANGE

Rank

Model

Segment

Body-Type

Jan 2024

Dec 2023

Change

%Change

Trend

1

Baleno

B2

Hatch

19,630

10,669

8,961

83.99

2

WagonR

B1

Hatch

17,756

8,578

9,178

106.99

3

Dzire

B2

Sedan

16,773

14,012

2,761

19.70

4

Swift

B1

Hatch

15,370

11,843

3,527

29.78

5

Brezza

B2

SUV

15,303

12,844

2,459

19.15

6

Ertiga

C1

MPV

14,632

12,975

1,657

12.77

7

Fronx

B2

SUV

13,643

9,692

3,951

40.77

8

Grand Vitara

C1

SUV

13,438

6,988

6,450

92.30

9

Alto K10

A

Hatch

12,395

2,497

9,898

396.40

10

Eeco

A

MPV

12,019

10,034

1,985

19.78

11

Celerio

A

Hatch

4,406

247

4,159

1683.81

12

XL6

C2

MPV

4,363

2,226

2,137

96.00

13

S-Presso

A

SUV

3,454

60

3,394

5656.67

14

Ignis

B1

Hatch

2,598

392

2,206

562.76

15

Invicto

D1

MPV

496

502

-6

-1.20

16

Ciaz

C2

Sedan

363

489

-126

-25.77

17

Jimny

B2

SUV

163

730

-567

-77.67

Maruti Suzuki Arena & Nexa — 6-Month Sales Trend (Aug 2023 - Jan 2024)

MARUTI SUZUKI ARENA & NEXA CAR

LAST 6 MONTHS (AUG 2023 - JAN 2024) SALES TREND

Model

Segment

Body-Type

Aug 2023

Sep 2023

Oct 2023

Nov 2023

Dec 2023

Jan 2024

6 Month Avg

WagonR

B1

Hatch

15,578

16,250

22,080

16,567

8,578

17,756

16,135

Baleno

B2

Hatch

18,516

18,417

16,594

12,961

10,669

19,630

16,131

Swift

B1

Hatch

18,653

14,703

20,598

15,311

11,843

15,370

16,080

Dzire

B2

Sedan

13,293

13,880

14,699

15,965

14,012

16,773

14,770

Brezza

B2

SUV

14,572

15,001

16,050

13,393

12,844

15,303

14,527

Ertiga

C1

MPV

12,315

13,528

14,209

12,857

12,975

14,632

13,419

Eeco

A

MPV

11,859

11,147

12,975

10,226

10,034

12,019

11,377

Fronx

B2

SUV

12,164

11,455

11,357

9,867

9,692

13,643

11,363

Grand Vitara

C1

SUV

11,818

11,736

10,834

7,937

6,988

13,438

10,459

Alto K10

A

Hatch

9,603

7,791

11,200

8,076

2,497

12,395

8,594

XL6

C2

MPV

4,184

4,511

4,367

3,472

2,226

4,363

3,854

Celerio

A

Hatch

4,038

3,246

4,317

2,215

247

4,406

3,078

S-Presso

A

SUV

2,606

2,560

3,368

1,883

60

3,454

2,322

Ignis

B1

Hatch

2,373

2,056

2,374

1,660

392

2,598

1,909

Jimny

B2

SUV

3,104

2,651

1,852

1,020

730

163

1,587

Ciaz

C2

Sedan

849

1,491

695

278

489

363

694

Invicto

D1

MPV

589

389

478

470

502

496

487

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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.

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