Cars In Demand: Maruti Swift, Hyundai Grand i10 Top Segment Sales In February 2019

Published On Mar 19, 2019 01:53 PM By Sonny

71.3K Views
Write a comment

Despite dwindling sales, the combined numbers of the segment stood at more than 27,000 units for February 2019

Swift sold twice as many units in February as the Grand i10.
Ford started Figo facelift dispatches in February. Its sales went from zero units in January to over 500 units in February.
Figo sales are expected to go further up in March.

There are only a handful of cars in the high-volume midsize hatchback segment and we have the February sales figures to find out which of these is more popular. Here’s what the numbers say:

	February 2019	January 2019	MoM Growth	Market share current(%)	Market share (% last year)	YoY mkt share (%)	Average sales (6 months)
Ford Figo	519	0	N.A.	1.86	3.75	-1.89	119
Hyundai Grand i10	9065	10285	-11.86	32.59	35.7	-3.11	10516
Maruti Suzuki Swift	18224	18795	-3.03	65.53	60.54	4.99	18407
Total	27808	29080	-4.37	99.98

Takeaways

Swift soars above the competition: The Maruti Swift sold nearly twice as many units as its main rival, despite a slight dip in demand as compared to January. With more than 18,000 units sold, Maruti enjoys over 65 per cent of the current market share in the segment, with the Swift.

Grand i10 a safe second: Hyundai’s midsize hatchback saw a decline in demand in February as compared to January, but still registered a sale of over 9000 units. That’s less than half of what the Swift sold, but enough to be comfortably ahead of the Figo.

Figo facelift dispatches began in Feb: After the switchover phase in January for the outgoing model, Ford managed to get 519 units on record in February. These numbers represent the 2019 models that were being dispatched to showrooms ahead of the launch. Though small in comparison, Figo’s popularity could spike in March as the new facelifted model has been launched in India.

Overall decline: Nearly every automotive segment in the Indian market saw a decline in month-on-month demand for February 2019 and midsize hatchbacks were no exception. The segment saw an overall decline of -4.37 per cent in month-on-month growth.