Tata’s Nexon sells more than the Ford’s Ecosport for second consecutive month in a row! Nexon completed 1-year of it’s launch and has been holding on to its volumes pretty well. The model has gained acceptance over time and selling more than the legendary Ecosport is no easy task. Usually, the 2nd spot in segment was fiercely fought between Nexon, Ecosport & Honda’s WRV – However, with no Automatic variant available; the WRV has been pushed to the No.4 slot and the competition now lies between the Tata & Ford offerings.
Once the biggest UV maker; Mahindra now occupies the last slot in the segment with it’s TUV 300. However, M&M is planning to make a strong comeback in the segment with it’s upcoming S201 (based on Ssangyong’s Tivoli).
Let’s see how the Top 5 best sellers in the segment –
The segment in overall de-grew by 6% and apart from Brezza & Nexon; all other models witnessed a YoY decline. The biggest drop was in Honda WR-V’s volume and without an automatic variant update the model should find it difficult to gain the expected volumes. YoY growth statistics of the offerings in the segment: