Maruti Brezza Extends The Lead Over Tata Nexon In March 2023 Sales
Most models in this segment witnessed a growth in sales with three models crossing the 10,000-unit mark
The subcompact SUV market in India remains one of the biggest and most popular in terms of choices and sales. And in this segment particularly, the Tata Nexon and Maruti Brezza are in a battle to be on top. Let’s see how they, along with other models from this segment, performed in March 2023:
| March 2023 |
February 2023 |
MoM Growth |
Market share current(%) |
Market share (% last year) |
YoY market share (%) |
Average sales (6 months) |
|
| Maruti Brezza |
16227 |
15787 |
2.78 |
27.2 |
22.41 |
4.79 |
13009 |
| Tata Nexon |
14769 |
13914 |
6.14 |
24.75 |
25.79 |
-1.04 |
14282 |
| Hyundai Venue |
10024 |
9997 |
0.27 |
16.8 |
16.61 |
0.19 |
10063 |
| Kia Sonet |
8677 |
9836 |
-11.78 |
14.54 |
12.37 |
2.17 |
8268 |
| Mahindra XUV300 |
5128 |
3809 |
34.62 |
8.59 |
7.45 |
1.14 |
5386 |
| Nissan Magnite |
3260 |
2184 |
49.26 |
5.46 |
5.3 |
0.16 |
2549 |
| Renault Kiger |
1568 |
1802 |
-12.98 |
2.62 |
4.49 |
-1.87 |
2092 |
| Total |
59653 |
57329 |
4.05 |
99.96 |
|
|
|
Takeaways
-
Maruti Brezza continues to be on the top spot with sales of over 16,000 units in March 2023. The Brezza currently holds over 27 per cent market share.
-
Following the Brezza in second place is the Nexon, which had sales of close to 14,800 units in March. But this figure also includes the sales numbers of the Nexon EV Prime and Nexon EV Max.
-
Hyundai Venue at the third spot is the last model to cross the 10,000-unit sales mark. The Hyundai SUV’s market share is almost the same as it was last year.
-
Kia Sonet’s month-on-month (MoM) sales dropped by close to 12 per cent in March while its year-on-year (YoY) market share went up by over two per cent.
-
After Kia Sonet is the Mahidnra XUV300, which witnessed a MoM growth of over 34 per cent in March. It currently holds over 8.5 per cent market share.
-
The biggest growth in monthly sales is claimed by Nissan Magnite, which has a MoM rise of over 49 per cent with sales of over 3,200 units.
Also Read: Check Out The 15 Highest-selling Cars In March 2023
-
Renault Kiger faced a loss in both monthly sales and market share with sales of just over 1,500 units in March.
Read More on : Tata Nexon AMT