Ad
Ad
Sub 4m SUV Sales Jan '24: Tata Punch Leads, Jimny Slumps, Sonet Surges, Segment Grows Strong
Share via:
Follow Us:
9,456 Views
Tata Punch leads sub 4m SUV sales, and Maruti Jimny faces a 77.67% MoM decline in January 2024, highlighting market dynamics.
Key Highlights
- Tata Punch (ICE+EV) dominates with 17,978 units.
- Maruti Jimny records a significant 77.67% MoM decline.
- Sub 4m SUV segment sees 42.78% YoY growth.
- Renault Kiger faces a notable 34.95% YoY decline.
- Overall sales reach 1,20,312 units, emphasizing the dynamic nature of the market.
In January 2024, the sub 4m SUV segment experienced a significant decline, with Maruti Suzuki Jimny experiencing the largest decline at 77.67% MoM. Tata Motors, a major player, dominated the market with its sales figures for Nexon and Punch, including their electric counterparts Nexon EV and Punch EV. Thar also registered its best-ever figures in the segment.
YoY Growth Sub-Compact SUVs Chart
Sub-Compact SUVs | Jan-24 | Jan-23 | Diff | Growth % YoY | Share % Jan 24 |
Tata Punch / EV | 17,978 | 12,006 | 5,972 | 49.74 | 14.94 |
Tata Nexon / EV | 17,182 | 15,567 | 1,615 | 10.37 | 14.28 |
Maruti Brezza | 15,303 | 14,359 | 944 | 6.57 | 12.72 |
Maruti Fronx | 13,643 | 0 | 13,643 | - | 11.34 |
Hyundai Venue | 11,831 | 10,738 | 1,093 | 10.18 | 9.83 |
Kia Sonet | 11,530 | 9,261 | 2,269 | 24.50 | 9.58 |
Mahindra Bolero | 9,964 | 8,574 | 1,390 | 16.21 | 8.28 |
Hyundai Exter | 8,229 | 0 | 8,229 | - | 6.84 |
Mahindra Thar | 6,059 | 4,410 | 1,649 | 37.39 | 5.04 |
Mahindra XUV300 | 4,817 | 5,390 | -573 | -10.63 | 4 |
Nissan Magnite | 2,863 | 2,803 | 60 | 2.14 | 2.38 |
Renault Kiger | 750 | 1,153 | -403 | -34.95 | 0.62 |
Maruti Jimny | 163 | 0 | 163 | - | 0.14 |
Total | 1,20,312 | 84,261 | 36,051 | 42.78 | 100 |
Sub 4m SUV Sales January 2024
Tata Punch (ICE+EV) secured the top position in this fiercely competitive segment, selling a staggering 17,978 units. This marked a remarkable 49.74% YoY growth, emphasizing Tata's stronghold in the market. The recently launched Punch EV played a pivotal role in this achievement, contributing significantly to the overall sales.
Not far behind, Nexon (ICE+EV) claimed the second spot with 17,182 units sold, registering a commendable 10.37% YoY growth. The combined sales of Nexon and Punch, both internal combustion engine (ICE) and electric vehicle (EV) variants, accounted for almost 30% of the sub 4m SUV sales in January 2024.
Maruti Suzuki showcased its prowess by selling 15,303 units of Brezza and 13,643 units of Fronx, securing a total market share of 24.06% in the sub 4m SUV category. Brezza witnessed 6.57% YoY growth, while Fronx recorded an impressive 40.77% MoM growth.
Hyundai Venue and Kia Sonet, the dynamic South Korean duo, nearly matched in numbers with 11,831 and 11,530 units sold, respectively. Sonet stole the spotlight with a staggering 1,15,200% MoM growth, attributed to the pre-facelift model's low sales in December 2023 before the launch of the facelifted version.
MoM Growth Sub-Compact Suvs Chart
Sub-Compact SUVs | Jan-24 | Dec-23 | Diff | Growth % MoM | Share % Dec 23 |
Tata Punch / EV | 17,978 | 13,787 | 4,191 | 30.40 | 15.22 |
Tata Nexon / EV | 17,182 | 15,284 | 1,898 | 12.42 | 16.87 |
Maruti Brezza | 15,303 | 12,844 | 2,459 | 19.15 | 14.18 |
Maruti Fronx | 13,643 | 9,692 | 3,951 | 40.77 | 10.70 |
Hyundai Venue | Ad Ad Follow Us: Skoda Yeti’s Possible Comeback: A Unique SUV Revival for Indian Market Skoda India is evaluating the reintroduction of its iconic Yeti SUV, catering specifically to developing markets, including India. The move aims to diversify Skoda's lineup and maintain its sales momentum in a growing market. 03-Dec-2024 01:02 PM Skoda Yeti’s Possible Comeback: A Unique SUV Revival for Indian Market Skoda India is evaluating the reintroduction of its iconic Yeti SUV, catering specifically to developing markets, including India. The move aims to diversify Skoda's lineup and maintain its sales momentum in a growing market. 03-Dec-2024 01:02 PM Carlos Tavares: The End of an Era for Stellantis, but a Legacy of Transformation Carlos Tavares, the visionary behind Groupe PSA's revival and the creation of Stellantis, steps down as CEO amid North American setbacks. Explore his transformative legacy and the challenges ahead for Stellantis. 03-Dec-2024 12:08 PM Carlos Tavares: The End of an Era for Stellantis, but a Legacy of Transformation Carlos Tavares, the visionary behind Groupe PSA's revival and the creation of Stellantis, steps down as CEO amid North American setbacks. Explore his transformative legacy and the challenges ahead for Stellantis. 03-Dec-2024 12:08 PM December 2024 Car launches: Set to hit the Indian roads As we approach the end of 2024, the final month is all set to see some amazing launches and car enthusiasts have plenty to look forward to in the sub-four-meter-SUV, sub-four-meter sedan, B-SUV, or a few other segments. 03-Dec-2024 10:18 AM December 2024 Car launches: Set to hit the Indian roads As we approach the end of 2024, the final month is all set to see some amazing launches and car enthusiasts have plenty to look forward to in the sub-four-meter-SUV, sub-four-meter sedan, B-SUV, or a few other segments. 03-Dec-2024 10:18 AM Jaguar Type 00 Concept: A New Direction for the Iconic Brand Discover the Jaguar Type 00, a striking concept car that redefines luxury EV design. With its avant-garde aesthetics, cutting-edge technology, and zero-emission vision, this concept marks a dramatic evolution for the iconic brand. 03-Dec-2024 06:53 AM Jaguar Type 00 Concept: A New Direction for the Iconic Brand Discover the Jaguar Type 00, a striking concept car that redefines luxury EV design. With its avant-garde aesthetics, cutting-edge technology, and zero-emission vision, this concept marks a dramatic evolution for the iconic brand. 03-Dec-2024 06:53 AM Mahindra Prepares for Next Big Leap with the XEV 7e: India’s First Electric XUV700 Discover the Mahindra XEV 7e, an all-electric version of the XUV700. With a spacious three-row layout, dual-motor AWD, and various other premium features. 03-Dec-2024 05:36 AM Mahindra Prepares for Next Big Leap with the XEV 7e: India’s First Electric XUV700 Discover the Mahindra XEV 7e, an all-electric version of the XUV700. With a spacious three-row layout, dual-motor AWD, and various other premium features. 03-Dec-2024 05:36 AM Skoda Auto India Next Phase with Kylaq SUV: Bookings Open Skoda Auto gears up for Kylaq bookings on Dec 2, offering a 3-year free maintenance package to the first 33,333 customers. Explore the sub-4 metre SUV’s pricing, variants, and features. 03-Dec-2024 04:11 AM Skoda Auto India Next Phase with Kylaq SUV: Bookings Open Skoda Auto gears up for Kylaq bookings on Dec 2, offering a 3-year free maintenance package to the first 33,333 customers. Explore the sub-4 metre SUV’s pricing, variants, and features. 03-Dec-2024 04:11 AM Ad Ad Honda New Amaze ₹ 7.50 - 10.00 Lakh Toyota Camry 2024 ₹ 45.00 - 55.00 Lakh Audi A3 2024 ₹ 35.00 Lakh Hyundai Kona Electric 2024 ₹ 23.75 Lakh Lotus Emira ₹ 1.70 - 2.00 Cr Ad Ad Ad |
