Hyundai Creta Dominates June 2024 Compact SUV Sales
The Indian consumer’s growing inclination towards SUVs has resulted in a boom in sales figures over the past few years. With the constant growing demand for SUVs in our country, various automakers are offering their products in the compact and full-size SUV segment. In this era of SUVs, Hyundai is making sure it leads the pack. Also, there is a sizzling battle going on between Maruti and Hyundai. In June 2024, the segment's total sales grew by more than 5 percent. Here are the full model-wise sales figures for the segment:
The Hyundai Creta sold 16,293 units in June 2024, marking an 11.12 percent growth from May 2024. Despite this impressive month-on-month (MoM) increase, its market share slightly dropped by 1.6 percent compared to the previous year. The Creta's consistent popularity underscores its appeal among compact SUV buyers.
The Maruti Grand Vitara, another strong contender in the compact SUV segment, sold 9,679 units in June 2024. While this represents a slight decline of 0.58 percent from May 2024, the year-on-year (YoY) market share fell significantly by 6.22 percent. Despite the drop, the Grand Vitara maintained a substantial market presence.
The Kia Seltos experienced a decrease in sales, with 6,306 units sold in June 2024, a 6.38 percent drop from May 2024. However, its YoY market share increased by nearly 5 percent, indicating growing consumer interest over the past year.
The Toyota Hyryder, sibling to the Grand Vitara, surpassed the 4,000-unit sales milestone in June 2024, with a MoM growth of 9.44 percent. Its market share for the month was slightly over 10 percent, reflecting its steady rise in popularity.
Honda's new entrant, the Elevate, showed remarkable growth in June 2024. With 2,151 units sold, it saw a 38.5 percent MoM increase. This notable performance highlights the Elevate's potential to become a significant player in the compact SUV market.
The Volkswagen Taigun sold 1,519 units in June 2024, reflecting a 2.69 percent decline from May 2024. Despite this decrease, the Taigun remained a competitive option in the segment. Meanwhile, the Skoda Kushaq saw a modest 3.54 percent MoM growth, with sales reaching 1,198 units. Both models continue to maintain a steady presence in the market.
The MG Astor's sales dropped by 5.34 percent in June 2024, with just 938 units sold. Its market share stood at a little over 2 percent, indicating a need for improvement to capture more market interest.
The Citroen C3 Aircross found itself at the bottom of the sales chart, with only 136 units sold in June 2024. Despite its low numbers, this was an 8.8 percent increase from May 2024, showing slight but positive progress.
In Summary, The compact SUV market saw a dynamic shift in June 2024, with the Hyundai Creta leading the segment by a significant margin. While some models like the Honda Elevate and Toyota Hyryder showed strong growth, others such as the Maruti Grand Vitara and MG Astor faced challenges. Overall, the segment experienced a healthy 5.11 percent increase in sales, indicating robust consumer interest and a competitive market landscape. As automakers continue to innovate and introduce new models, the compact SUV segment is likely to remain a key battleground in the automotive industry.
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