The sales figure for April 2024 has been released and according to the reports, Tata Sales witnessed a slowdown in their sales, especially with Tata Nexon. Despite the downfall, Tata Nexon sold over 10,000 units. On the other hand, the Maruti Brezza led the pack as it successfully made its spot as the top-selling Subcompact SUV in April 2024. Let's delve into the detailed sales report for each subcompact SUV model during this period.
Maruti Brezza Leads the Pack
Over 17,000 Maruti Brezzas were sold in April 2024, demonstrating the vehicle's sustained dominance in the subcompact SUV market. This represented the sub-4 million SUV's best sales result in more than a year, with a notable 17.1% increase in month-over-month (MoM) sales. With the largest market share of more than 32%, the Brezza continued to dominate the industry.
Tata Nexon is Expecting to Drop
In April 2024, the Tata Nexon shipped more than 10,000 units despite a notable fall in sales of over 20%. Despite seeing a decline in sales relative to the Maruti Brezza, the Nexon continued to be among the best-selling subcompact SUVs.
Hyundai Venue Takes Third Place
There was a modest decrease in MoM demand for the Hyundai Venue in April 2024, with over 500 fewer sales. The Venue, which came in third in the rankings, continued to be one of the best-selling subcompact SUVs despite this drop.
Kia Sonet Stood Strong
Even with a nearly 10% drop in monthly sales, Kia Sonet was nevertheless able to ship more than 7,900 cars in April 2024. This number demonstrated Sonet's enduring popularity in the market as it surpassed its average sales over the previous six months.
Mahindra XUV300 Shows Incredible Growth
In the subcompact SUV market, the Mahindra XUV300 has become a formidable competitor, with sales of over 4,000 units in April 2024. The MoM increase of over 93% for the XUV300 was impressive and demonstrated the device's attraction to Indian consumers.
Performance of Nissan Magnite and Renault Kiger
Even though it was the least popular subcompact SUV in April 2024, more than 1,000 people purchased Renault Kiger units in that month. Kiger's performance in April exceeded its average sales over the previous six months, despite its reduced sales volume. Conversely, the Nissan Magnite had sales of over 2,400 units, demonstrating a steady demand for this model within the subcompact SUV market.
Overall, the April 2024 subcompact SUV sales report shows a volatile market with certain models seeing growth and others seeing declines. Every model is vying for Indian consumers' attention and to establish a foothold in this cutthroat market. The competition is still severe.
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