February 2024 Midsize SUV Sales: Mahindra XUV700 Outperforms Tata Harrier And Safari Combined
Mahindra SUVs accounted for over 70 percent of the segment's 30,000 unit sales in February 2024
Mahindra SUVs were the top-selling midsize SUVs in India in February 2024. The segment’s popularity shrunk by nearly 3 percent in month-on-month (MoM) sales, however the Mahindra Scorpio and MG Hector still did not report any losses last month. Here’s how many midsize SUVs were sold in February 2024.
| Mid-size SUVs |
|||||||
| February 2024 |
January 2024 |
MoM Growth |
Market share current(%) |
Market share (% last year) |
YoY mkt share (%) |
Average sales (6 months) |
|
| Mahindra Scorpio |
15051 |
14293 |
5.3 |
49.53 |
69.35 |
-19.82 |
12193 |
| Mahindra XUV700 |
6546 |
7206 |
-9.15 |
21.54 |
44.95 |
-23.41 |
7445 |
| Tata Safari |
2648 |
2893 |
-8.46 |
8.71 |
12.49 |
-3.78 |
1680 |
| Tata Harrier |
2562 |
2626 |
-2.43 |
8.43 |
20.49 |
-12.06 |
1811 |
| MG Hector |
1826 |
1817 |
0.49 |
6 |
25.52 |
-19.52 |
2258 |
| Hyundai Alcazar |
1290 |
1827 |
-29.39 |
4.24 |
15.55 |
-11.31 |
1667 |
| Jeep Compass |
204 |
286 |
-28.67 |
0.67 |
4.05 |
-3.38 |
285 |
| Hyundai Tucson |
157 |
183 |
-14.2 |
0.51 |
4.96 |
-4.45 |
198 |
| Volkswagen Tiguan |
102 |
113 |
-9.73 |
0.33 |
0.92 |
-0.59 |
153 |
| Citroen C5 Aircross |
0 |
1 |
-100 |
0 |
0.03 |
-0.03 |
3 |
| Total |
30386 |
31245 |
-2.74 |
99.96 |
|||
Key Takeaways
-
The Mahindra Scorpio continued to dominate the sales chart as the best-selling midsize SUV in February 2024. More than 15,000 units were sold last month, and it registered a monthly growth in demand of over 5 percent. Please note that these figures include the sales of both Mahindra Scorpio N and Scorpio Classic.
-
The next highest selling SUV here was the Mahindra XUV700, even though it only shipped less than half the units of the top-selling Mahindra. It did witness a drop of over 9 percent in MoM sales.
-
Both Tata Safari and Tata Harrier attracted more than 2,500 customers each, together crossing the sales mark of 5,000 units in February 2024.
-
With more than 1,800 units sold, the MG Hector did not face any losses in monthly sales, indicating its consistent demand in the market. However, the Hector's year-on-year (YoY) market share still dipped by nearly 20 percent. Please note that these figures include the sales of both the Hector and Hector Plus.
-
The Hyundai Alcazar also crossed the sales mark of 1,000 units, but it took a hit of nearly 30 percent in MoM sales. Its February sales were almost 400 units less than its average sales of the last six months.
Also Check Out: Tata Motors To Invest Rs 9,000 Crore For A New Plant In Tamil Nadu
-
The Jeep Compass’ February sales also declined by about 29 percent, and it only attracted 204 buyers last month. It was still the best-selling premium model here.
-
The Hyundai Tucson on the other hand took the eighth spot in the sales table with over 150 units sold in February 2024. Hyundai’s flagship ICE (internal combustion engine) SUV witnessed a loss of over 14 percent in MoM sales.
-
With just over 100 units sold in February 2024, the Volkswagen Tiguan took the ninth position in the sales chart.
-
Citroen did not manage to sell even a single unit of its flagship SUV in India, the C5 Aircross.
Read More on : Scorpio N Automatic