SUVs Dominate Indian Market: Tata Punch Leads with 61% Growth, Surpassing Hatchbacks in Sales
From April to July 2024, SUVs Outshine with 485,356 Units Sold, Marking a Significant Shift in Consumer Preferences as Tata Punch and Mahindra XUV3OO See Remarkable Growth Amidst the Segment's Surge
The dominance of the SUVs segment is increasing rapidly in the country. This can also be gauged from the fact that the cars of this segment have overtaken hatchback cars. When we look at the SUV sales figures from April to July (4 months), only 2 models in the top-10 list faced annual degrowth. The demand for the other 8 models has increased rapidly. Tata Punch, which is at number-1 in this list, has got an annual growth of 61% and Mahindra XUV3XO has got 64%. At the same time, during these 4 months, Punch remained at the number-1 position with 72,466 units.
Talking about sales in the SUV segment from April to July 2024, 72,466 units of Tata Punch were sold. During the same period in 2023, this figure was 45,067 units. That is, it got an annual growth of 61%. During this period, 63,752 units of Hyundai Creta were sold. During this period in 2023, this figure was 57,144 units. That is, it got an annual growth of 12%. During this period, 59,147 units of Maruti Brezza were sold. During this period in 2023, this figure was 52,355 units. That is, it got an annual growth of 13%.
During this period, 53,068 units of Mahindra Scorpio were sold. During this period in 2023, this figure was 38,105 units. That is, it got an annual growth of 39%. During this period, 48,593 units of Tata Nexon were sold. During this period in 2023, this figure was 55,601 units. That is, it got an annual degrowth of 13%. During this period, 47,580 units of Maruti Fronx were sold. During this period in 2023, this figure was 39,858 units. That is, it got an annual growth of 19%. During this period, 37,177 units of Hyundai Venue were sold. During the same period in 2023, this figure was 42,223 units. That is, it got an annual degrowth of 12%.
During this period, 36,463 units of Maruti Grand Vitara were sold. During the same period in 2023, this figure was 36,184 units. That is, it got an annual growth of 1%. During this period, 34,609 units of Kia Sonet were sold. During the same period in 2023, this figure was 29,962 units. That is, it got an annual growth of 16%. During this period, 32,501 units of Mahindra XUV3XO were sold. During the same period in 2023, this figure was 19,814 units. That is, it got an annual growth of 64%. In this way, a total of 4,85,356 units of these 10 models were sold. In 2023, this figure was 4,16,313 units.