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India's October 2024 car sales report reveals a strong demand for SUVs, led by Ertiga, Creta, and Brezza. Discover trends, top models, and body-type insights.
According to the October 2024 sales report, Same as the previous months– SUV and MUV are in demand overshadowing hatchback and sedans. An overview of the other models on the list follows this analysis of the top 10 best-selling models, with a focus on the connection between body type and brand success.
Given that SUVs and small SUVs make up seven of the top ten models, it is evident that the Indian market is favouring bigger, more feature-rich automobiles. This tendency is exemplified by the Maruti Suzuki Brezza, Tata Fronx, and Hyundai Creta.
With several entries in the top 10, Maruti Suzuki maintains its advantage in both SUVs and hatchbacks. Strong performances from Tata and Hyundai further shown their capacity to appeal to a variety of markets.
S.no | Brand | Body Type | Model | Oct'24 | Oct'23 | Y-o-Y% Change |
1 | Maruti Suzuki | MUV | Ertiga | 18,785 | 14,209 | 32% |
2 | Maruti Suzuki | Hatchback | Swift | 17,539 | 20,598 | -15% |
3 | Hyundai | SUV | Creta | 17,497 | 13,077 | 34% |
4 | Maruti Suzuki | SUV | Brezza | 16,565 | 16,050 | 3% |
5 | Tata | SUV | Fronx | 16,419 | 11,357 | 45% |
6 | Mahindra | Hatchback | Baleno | 16,082 | 16,594 | -3% |
7 | Maruti Suzuki | SUV | Punch | 15,740 | 15,317 | 3% |
8 | Maruti Suzuki | SUV | Scorpio | 15,677 | 13,578 | 15% |
9 | Maruti Suzuki | SUV | Nexon | 14,759 | 16,887 | -13% |
10 | Tata | SUV | Grand Vitara | 14,083 | 10,834 | 30% |
While the top 10 are heavily dominated by Maruti Suzuki, Hyundai, and Tata, the next 15 entries indicate rising interest in diverse brands and body types.
Sedans and hatchbacks: As SUV and MUV preferences shift, models like the Hyundai Grand i10 (6,235 units, -4.84% YoY) and Maruti Suzuki Dzire (12,698 units, -13.61% YoY) encounter difficulties.
Growing MUV Popularity: The Mahindra Carens (6,384 units, +19.22% YoY) and Kia Eeco (11,653 units, -10.19% YoY) are becoming more and more popular, demonstrating that MUVs are still a good option for bigger families.
Newer SUV Entrants: With models like the Mahindra XUV 3XO (+96.55% YoY) and Kia Thar (+42.03% YoY), Mahindra and Kia demonstrate robust YoY increase in SUV sales, indicating the rising acceptance of new brands and models in the SUV market.
SUVs: With the biggest demand, SUVs dominate the market. Hyundai, Maruti Suzuki, and Tata's compact and medium SUVs are seeing significant growth as Indian buyers seek for cars that balance features, spaciousness, and on-road presence.
MUVs: Models such as the Ertiga and Carens show that MUVs are still quite popular, particularly with families. The expansion of this category may lead to more rivalry in the years to come.
Hatchbacks: Despite slight drops, classic favorites like the Swift and Baleno continue to sell well. As consumers look for more adaptable cars, hatchback sales are being impacted by the emergence of SUVs.
Maruti Suzuki: With a broad range of products, Maruti Suzuki dominates most markets and dominates the SUV and hatchback classes. Its wide service network and low cost continue to be key benefits.
Tata: With SUV models like the Fronx and Grand Vitara, Tata has been able to take market share thanks to its emphasis on safety and creative design.
Hyundai: Hyundai shines out because of the Creta and XUV700's impressive achievements, which demonstrate that its strategic focus on the SUV market is paying off.
Mahindra: Known for their dependability, Mahindra's SUVs, including the Scorpio and XUV 3XO, have shown notable year-over-year growth, which reflects their growing appeal in both urban and rural markets.
This October sales report emphasises the Indian market's shift towards SUVs, MUVs, and reliable brands. The competitive landscape shows potential for newer models to make inroads, especially in the SUV segment.
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