Tata Nexon And Maruti Brezza Were The Most Popular Sub-4m SUVs In January
Modified On Feb 10, 2023 09:13 AM By Rohit for Tata Nexon 2020-2023
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The segment, overall, witnessed cumulative sales of almost 60,000 units in the first month of 2023
The year 2023 has begun on a good note for the automobile industry, with total January sales touching 3.5 lakh units. Out of these, nearly 60,000 came from sub-4m SUVs alone, with the Tata Nexon and Maruti Brezza coming out on top once again.
Take a look at the table below to see how each sub-4m SUV fared in January 2023:
Sub-compact SUVs and crossovers |
|||||||
January 2023 |
December 2022 |
MoM Growth |
Market share current(%) |
Market share (% last year) |
YoY mkt share (%) |
Average sales (6 months) |
|
Tata Nexon |
15567 |
12053 |
29.15 |
26.26 |
24.8 |
1.46 |
14251 |
Maruti Brezza |
14359 |
11200 |
28.2 |
24.22 |
17.19 |
7.03 |
12135 |
Hyundai Venue |
10738 |
8285 |
29.6 |
18.11 |
20.42 |
-2.31 |
10480 |
Kia Sonet |
9261 |
5772 |
60.44 |
15.62 |
12.39 |
3.23 |
7594 |
Mahindra XUV300 |
5390 |
4850 |
11.13 |
9.09 |
8.16 |
0.93 |
5562 |
Nissan Magnite |
2803 |
2020 |
38.76 |
4.72 |
6.87 |
-2.15 |
2847 |
Renault Kiger |
1153 |
2096 |
-44.99 |
1.94 |
5.48 |
-3.54 |
2472 |
Total |
59271 |
46276 |
28.08 |
99.96 |
Also Read: January 2023 Was All About Maruti’s Domination In 15 Of The Most Sought-after Cars List
Takeaways
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With over 15,500 units sold, the Tata Nexon was not only the most sought-after sub-4m SUV in January 2023, but also the best-selling SUV of the month. Its market share stood at over 26 percent. These numbers also include the sales of the Nexon EV Prime and Max.
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The Maruti Brezza, the usual contender for the top spot, stood second with more than 14,300 unit sales. Its year-on-year (YoY) market share recovered and grew the most by over seven percent.
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Hyundai shipped a bit more than 10,700 units of the Venue, making it the only other model in the segment to cross the 10,000 mark. Like the other podium finishers, it enjoyed a month-on-month (MoM) growth of nearly 30 percent.
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The Kia Sonet registered sales of close to 9,300 units in the first month of 2023. It saw the biggest jump in the MoM figures by over 60 percent.
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Mahindra dispatched almost 5,400 units of the XUV300. It registered MoM growth but still performed lower than its six month average sales.
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The Nissan Magnite and Renault Kiger duo were a long way behind the competition with total sales of nearly 2,900 units and 1,200 units, respectively. While the Nissan SUV saw a MoM growth of over 38 per cent, the Kiger’s MoM sales dropped the most by nearly 45 percent.
Read More on : Nexon AMT
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