The sub-compact SUV and crossover segment is one of the fastest-growing in the Indian automotive market. These vehicles offer the versatility of an SUV while maintaining the ease of driving and fuel efficiency of a compact car. In this report, we will analyze the sales performance of the top players in this segment for April 2023.
Sales Performance Overview
In April 2023, the sub-compact SUV and crossover segment witnessed a decline of 6.54% in sales compared to March 2023. The total sales for this month were 55,747 units, down from 59,653 units in the previous month. However, compared to the same period last year, the market share of this segment has grown by 4.14%.
Sure, here’s a table summarizing the sales performance of the top sub-compact SUVs and crossovers for April 2023:
| Model | Sales (April 2023) | Sales (March 2023) | MoM Growth | Market Share (Current) | Market Share (Last Year) | YoY Market Share |
|---|---|---|---|---|---|---|
| Tata Nexon | 15,002 | 14,769 | 1.57% | 26.91% | 28.34% | 1.43% |
| Maruti Brezza | 11,836 | 16,227 | -27.05% | 21.23% | 24.75% | -3.52% |
| Hyundai Venue | 10,324 | 10,024 | 2.99% | 18.51% | 17.65% | 0.86% |
| Kia Sonet | 9,744 | 8,677 | 12.29% | 17.47% | 11.37% | 6.10% |
| Mahindra XUV300 | 5,062 | 5,128 | -1.28% | 9.08% | 8.22% | 0.86% |
| Nissan Magnite | 2,617 | 3,260 | -19.72% | 4.69% | 4.13% | 0.56% |
| Renault Kiger | 1,162 | 1,568 | -25.89% | 2.08% | 5.50% | -3.42% |
Note: All figures are in units sold. MoM = Month-on-month growth. YoY = Year-on-year growth.
Tata Nexon
Tata Nexon continues to be the leader in this segment with 15,002 units sold in April 2023, a growth of 1.57% over the previous month. Its market share for this month stands at 26.91%, down from 28.34% in March 2023. However, its year-on-year market share has increased by 1.43%.
Maruti Brezza
Maruti Brezza comes in second with 11,836 units sold in April 2023, a decline of 27.05% compared to the previous month. Its market share for this month stands at 21.23%, down from 24.75% in March 2023. Its year-on-year market share has also decreased by 3.52%.
Hyundai Venue
Hyundai Venue occupies the third position with 10,324 units sold in April 2023, a growth of 2.99% compared to the previous month. Its market share for this month stands at 18.51%, up from 17.65% in March 2023. Its year-on-year market share has increased by 0.86%.
Kia Sonet
Kia Sonet has witnessed the highest growth in sales for April 2023 with 9,744 units sold, a growth of 12.29% compared to the previous month. Its market share for this month stands at 17.47%, up from 11.37% in March 2023. Its year-on-year market share has grown by 6.1%.
Mahindra XUV300
Mahindra XUV300 comes in fifth with 5,062 units sold in April 2023, a decline of 1.28% compared to the previous month. Its market share for this month stands at 9.08%, up from 8.22% in March 2023. Its year-on-year market share has increased by 0.86%.
Nissan Magnite
Nissan Magnite has witnessed a decline in sales with 2,617 units sold in April 2023, a decline of 19.72% compared to the previous month. Its market share for this month stands at 4.69%, down from 4.13% in March 2023. Its year-on-year market share has grown by 0.56%.
Renault Kiger
Renault Kiger occupies the last position with 1,162 units sold in April 2023, a decline of 25.89% compared to the previous month. Its market share for this month stands at 2.08%, down from 5.5% in March 2023. Its year-on-year market share has decreased by 3.42%.
Overall, the sub-compact SUV and crossover segment has witnessed a decline in sales for April 2023 compared to the previous month.
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