Tata Nexon Still Dominates The Sub-4m SUV Sales In June 2023 Ahead Of Maruti Brezza
Hyundai Venue overtakes the Maruti Brezza to become the second best-selling subcompact SUV
In the month of June, the sub-4m SUV segment in India witnessed a slight decline of 4.5 percent in month-on-month (MoM) sales. Only two models in the segment experienced MoM growth, still three sub-4m SUVs crossed the 10,000-unit sales mark last month. The Tata Nexon continues to dominate the segment in volumes but let’s take a detailed look at the model-wise sales numbers for June 2023.
| Sub-compact SUVs |
|||||||
| June 2023 |
May 2023 |
MoM Growth |
Market share current(%) |
Market share (% last year) |
YoY mkt share (%) |
Average sales (6 months) |
|
| Tata Nexon |
13827 |
14423 |
-4.13 |
25.97 |
29.79 |
-3.82 |
14288 |
| Hyundai Venue |
11606 |
10213 |
13.63 |
21.8 |
21.51 |
0.29 |
9930 |
| Maruti Brezza |
10578 |
13398 |
-21.04 |
19.87 |
9.18 |
10.69 |
13801 |
| Kia Sonet |
7722 |
8251 |
-6.41 |
14.5 |
15.54 |
-1.04 |
8590 |
| Mahindra XUV300 |
5094 |
5125 |
-0.6 |
9.57 |
9.91 |
-0.34 |
4894 |
| Nissan Magnite |
2552 |
2618 |
-2.52 |
4.79 |
6.94 |
-2.15 |
2584 |
| Renault Kiger |
1844 |
1713 |
7.64 |
3.46 |
7.11 |
-3.65 |
1582 |
| Total |
53223 |
55741 |
-4.51 |
||||
Key Takeaways
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Tata Nexon maintains the lead in the sales chart despite an MoM drop of 4 percent with nearly 14,000 units sold in June 2023. However, these numbers also include the sales of Nexon EV Max and Nexon EV Prime. Tata is working on the Nexon facelift for 2024, the spy shots of which have surfaced over the internet.
-
With highest MoM growth of over 13 percent, Hyundai Venue climbed up the ranks to become the second best-selling subcompact SUV in the month of June. Hyundai sold over 11,500 units of the Venue, and still holds over a fifth of the segment’s market share.
-
Maruti Brezza suffered the highest MoM loss of over 21 percent and slipped to the third position in the sales chart. Although it was still able to cross the 10,000-units sales mark, its sales in June 2023 were over 3,000 units less compared to its average sales over the last six months.
-
The Kia Sonet continues to run fourth in the monthly sales tally for the segment with over 7,500 units sold last month. It suffered an MoM loss of nearly 6.5 percent.
-
The demand for the Mahindra XUV300 remained stable with over 5,000 units sold in June 2023. There is a facelift for the XUV300 in the works, and the test mule for the updated model has been spotted multiple times.
-
With a slight decline of around 2.5 percent, Nissan Magnite’s sales in June 2023 remained stable. Nissan also introduced a new “Geza” special edition of the Magnite at the end of May which is based on the base-spec trim of the subcompact SUV.
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The Renault Kiger continues to be the lowest-selling subcompact SUV in June 2023, despite the MoM growth of over 7.5 percent. It has not even crossed the sales mark of 2,000 units last month.
Read More on : Nexon AMT