With a negative YoY figure of 40%, the Creta has been dethroned to settle for the 2nd position.
Aren’t SUVs just everyone’s favourite? Everybody wants to own one, sell one, even dupe one. Even if not for everyday use (though Indian roads beg to differ), chunky tires and rocky terrains make a good off-road day any day. With a positive year on year growth of 12%, the mid-SUV Segment has some new entrants saving the day!
For the 2nd consecutive month, we have the newly launched Kia Seltos at the 1st position after selling 7754 units; a little over 1100 units more than the segment-favourite Hyundai Creta in September 2019. With a negative YoY figure of 40%, the Creta has been dethroned to settle for the 2nd position. To a certain extent, cannibalization is happening from its new and younger sibling, the Venue as well.
The Mahindra Scorpio came 3rd in the segment and also its degrowth was meager -9%. Having said that, the Mahindra XUV500 fell by a hefty -43% and particularly suffered losses due to new competition. Tata’s Harrier continues to lose ground and was not able to gain much even with the ‘all black’ variant.
While the young guns are picking fights, the premium SUV segment is quite volatile. The segment cumulatively fell 19% with the Toyota Fortuner at the top position with a -41% decline. 2nd in the line, with positive growth, is the Ford Endeavour with a YoY growth report card that says 16%.
Galloping all the way up from just 46 units in September 2018, the Honda CR-V has sold 165 units to record 259% of growth. The Hyundai Tucson has recorded the steepest decline in the segment at -54% while the Mahindra Alturas G4 has managed to sell 75 units this month.
September 2019 SUV Sales
– Kia Seltos tops the mid-SUV segment while the Fortuner wins in the premium-SUV market
– The Hyundai Creta records -40% decline
– The Honda CR-V records 259% of growth in its segment