Ad
Ad
The SUV segment continues to dominate the Indian automotive market, contributing the highest sales volume and YoY growth. MUVs also showed positive growth, thanks to popular models like the Maruti Suzuki Ertiga. However, hatchbacks and sedans are losing m
The automotive market in September 2024 demonstrated varied performance across brands, body types, and models. Maruti Suzuki continues to dominate, with multiple models in the top rankings, especially in the Multi-Utility Vehicle (MUV), Hatchback, and Sports Utility Vehicle (SUV) segments. However, brands like Mahindra, Hyundai, Tata, and Kia also made notable contributions, especially in the SUV segment. The overall market exhibited a mixture of positive and negative year-over-year (YoY) growth across models.
The Ertiga MUV showed strong performance, ranking as the top-selling model for September 2024. Its substantial YoY growth reflects a continued consumer preference for practical family vehicles with spacious interiors.
The Swift remains a key player in the hatchback market, maintaining steady demand with a 10.46% YoY growth, which reflects the brand's strength in the entry-level car segment.
The Creta continues to be Hyundai's flagship model in the SUV segment, with an impressive YoY growth of 25.04%. This highlights the growing popularity of compact SUVs in India.
The Brezza's growth remains modest, but it still holds a strong position in the SUV segment. Its incremental growth indicates steady demand for this urban SUV.
Mahindra's Scorpio saw robust growth, highlighting its strong presence in the mid-sized SUV segment. Its rugged design and off-road capabilities continue to appeal to Indian consumers.
Analysis: Kia's Sonet showed exceptional performance, more than doubling its sales over the year. This model's rapid growth reflects Kia’s growing footprint in the compact SUV space.
The XUV 3OO’s significant rise in sales underscores Mahindra's successful strategy in the compact SUV market, likely due to updated features and competitive pricing.
The Thar saw impressive growth, fueled by increasing consumer demand for adventure-ready SUVs, further amplified by its off-road credentials and rugged styling.
The Carens displayed strong growth, indicating a rising preference for larger family SUVs, with a focus on comfort and practicality.
Toyota's Hyryder continues to see a healthy rise in sales, showing strong consumer confidence in Toyota's hybrid technology and fuel-efficient vehicles.
Tata Nexon experienced a significant decline in sales, possibly due to increased competition in the compact SUV segment and newer entrants capturing market share.
Analysis: Despite its previous success, the Baleno saw a notable decrease in sales, indicating increased competition in the hatchback market, possibly from newer models.
Analysis: The Kia Seltos also experienced a significant decline, perhaps due to the entry of more affordable competitors in the SUV market.
Rank | OEM | Bodystyle | Model | Sep'24 | Sep'23 | Y-o-Y% |
1 | Maruti Suzuki | MUV | Ertiga | 17,441 | 13,528 | 28.92 |
2 | Maruti Suzuki | Hatchback | Swift | 16,241 | 14,703 | 10.46 |
3 | Hyundai | SUV | Creta | 15,902 | 12,717 | 25.04 |
4 | Maruti Suzuki | SUV | Brezza | 15,322 | 15,001 | 2.13 |
5 | Mahindra | SUV | Scorpio | 14,438 | 11,846 | 21.88 |
6 | Maruti Suzuki | Hatchback | Baleno | 14,292 | 18,417 | -22.39 |
7 | Maruti Suzuki | SUV | Fronx | 13,874 | 11,455 | 21.11 |
8 | Tata | SUV | Punch | 13,711 | 13,036 | 5.17 |
9 | Maruti Suzuki | Hatchback | Wagon R | 13,339 | 16,250 | -17.91 |
10 | Maruti Suzuki | SUV | Eeco | 11,908 | 11,147 | 6.82 |
11 | Tata | SUV | Nexon | 11,470 | 15,325 | -25.15 |
12 | Maruti Suzuki | Sedan | Dezire | 10,853 | 13,880 | -21.8 |
13 | Kia | SUV | Sonet | 10,335 | 4,984 | 107.36 |
14 | Maruti Suzuki | SUV | Grand Vitara | 10,267 | 11,736 | -12.51 |
15 | Hyundai | SUV | Venue | 10,259 | 12,204 | -15.93 |
16 | Mahindra | SUV | XUV 700 | 9,646 | 8,555 | 12.75 |
17 | Mahindra | SUV | XUV 3XO | 9,000 | 4,961 | 81.41 |
18 | Mahindra | SUV | Thar | 8,843 | 5,417 | 63.24 |
19 | Maruti Suzuki | Hatchback | Alto | 8,655 | 7,791 | 11.08 |
20 | Mahindra | SUV | Bolero | 8,180 | 9,519 | -14.06 |
21 | Toyota | MUV | Innova + Hycross | 8,052 | 8,900 | -9.52 |
22 | Kia | SUV | Seltos | 6,959 | 10,558 | -34.08 |
23 | Hyundai | SUV | Exter | 6,908 | 8,647 | -20.11 |
24 | Kia | SUV | Carens | 6,217 | 4,330 | 43.57 |
25 | Toyota | MUV | Hyryder | 5,385 | 3,804 | 41.56 |
Maruti Suzuki remains the market leader, with multiple models in the top 10. However, while some of its models like the Ertiga and Swift saw growth, others like the Baleno and Wagon R experienced declines.
Mahindra had a strong showing, particularly with the Scorpio, XUV 700, and Thar, highlighting its dominance in the SUV category.
Hyundai continued to perform well with the Creta leading the charge, but the Venue saw a decline in sales.
Kia demonstrated impressive growth with models like the Sonet and Carens, indicating its strong positioning in the competitive SUV market.
September 2024 was a month of mixed results for the Indian automotive market. While SUVs continued to drive sales, there were some notable declines in hatchback and sedan segments. Maruti Suzuki maintained its leadership, but the rise of Mahindra, Kia, and Hyundai in the SUV space suggests increasing competition. The market is evolving, with a strong consumer preference for SUVs and MUVs over smaller body types.
Stellantis Unveils a revolutionary Platform for Electric Pickup Trucks and SUVs
Discover Stellantis' groundbreaking STLA Frame platform designed for electric SUVs and pickup trucks which is a leap forward in EV innovation.
22-Nov-2024 01:04 PM
Read Full NewsStellantis Unveils a revolutionary Platform for Electric Pickup Trucks and SUVs
Discover Stellantis' groundbreaking STLA Frame platform designed for electric SUVs and pickup trucks which is a leap forward in EV innovation.
22-Nov-2024 01:04 PM
Read Full NewsMahindra Unveils INGLO Platform & Revolutionises electric mobility.
Discover Mahindra's groundbreaking INGLO platform, debuting with the BE 6e and XEV 9e electric SUVs on November 26, 2024.
22-Nov-2024 11:13 AM
Read Full NewsMahindra Unveils INGLO Platform & Revolutionises electric mobility.
Discover Mahindra's groundbreaking INGLO platform, debuting with the BE 6e and XEV 9e electric SUVs on November 26, 2024.
22-Nov-2024 11:13 AM
Read Full NewsVinRobotics: Vingroup's New Venture for better Automation and Robotics
Discover how VinRobotics, with a charter capital of VND 1,000 billion, aims to revolutionize industries with intelligent robotic solutions and innovative technologies.
22-Nov-2024 10:35 AM
Read Full NewsVinRobotics: Vingroup's New Venture for better Automation and Robotics
Discover how VinRobotics, with a charter capital of VND 1,000 billion, aims to revolutionize industries with intelligent robotic solutions and innovative technologies.
22-Nov-2024 10:35 AM
Read Full NewsCitroën C5 Aircross: Discontinuation of the Feel Trim and the Way Forward
Citroën discontinues the C5 Aircross Feel trim, leaving the fully loaded Shine variant as its sole offering in India. Learn about the SUV's features, pricing, challenges, and year-end offers of up to ₹1.75 lakh.
22-Nov-2024 09:46 AM
Read Full NewsCitroën C5 Aircross: Discontinuation of the Feel Trim and the Way Forward
Citroën discontinues the C5 Aircross Feel trim, leaving the fully loaded Shine variant as its sole offering in India. Learn about the SUV's features, pricing, challenges, and year-end offers of up to ₹1.75 lakh.
22-Nov-2024 09:46 AM
Read Full NewsHyundai's Green Revolution: A 25-Year Commitment to Renewable Energy
Discover how Hyundai Motor India is advancing sustainability with a 25-year renewable energy agreement under a group captive model, innovative energy-saving practices, and investments in solar power to achieve its RE100 target.
22-Nov-2024 07:31 AM
Read Full NewsHyundai's Green Revolution: A 25-Year Commitment to Renewable Energy
Discover how Hyundai Motor India is advancing sustainability with a 25-year renewable energy agreement under a group captive model, innovative energy-saving practices, and investments in solar power to achieve its RE100 target.
22-Nov-2024 07:31 AM
Read Full NewsM&M and Skoda-VW JV Talks Hit Roadblocks: Key Challenges Explained
Discover why talks between Mahindra & Mahindra and Skoda-VW India for a 50:50 joint venture have stalled, highlighting strategic roadblocks and potential synergies.
22-Nov-2024 05:18 AM
Read Full NewsM&M and Skoda-VW JV Talks Hit Roadblocks: Key Challenges Explained
Discover why talks between Mahindra & Mahindra and Skoda-VW India for a 50:50 joint venture have stalled, highlighting strategic roadblocks and potential synergies.
22-Nov-2024 05:18 AM
Read Full NewsAd
Ad
BMW M5
₹ 1.99 Cr
Maruti Dzire
₹ 6.79 - 10.14 Lakh
Skoda Kylaq
₹ 7.89 - 10.59 Lakh
Mercedes-Benz AMG G-Class
₹ 3.60 Cr
Mahindra XEV 9e
₹ 50.00 - 52.00 Lakh
Mahindra BE 6e
₹ 17.00 - 21.00 Lakh
Audi New Q7
₹ 89.00 - 98.00 Lakh
BMW M3 Facelift
₹ 1.47 Cr
Honda New Amaze
₹ 7.50 - 10.00 Lakh
Ad
Ad
Ad