Car Sales in India for the Year 2020 – Maruti manages to grab 50% Market Share!

Around 24.2 Lakh Passenger Vehicles were sold in India for the Year 2020 and the Industry volumes fell by -17.3% YoY. Maruti Suzuki sold 12.13 Lakh units and grabbed a Market Share of 50% for CY2020.

  • Maruti Suzuki recorded a degrowth of -18.3% which was inline to the Industry’s decline (-17.3%). However; the OEM’s Market Share dipped by -0.6% in 2020 v/s 2019. Even without diesel model in its portfolio, Maruti managed to sneak in Market Share of 50% for CY2020!
  • Hyundai ranked second in the table with a Market Share of 17.4%. Hyundai India volumes fell by -17% YoY and had a flat Market Share growth over last year. Do note that Maruti+Hyundai commanded a Market Share of whopping 67.4% in 2020! The duopoly continues in the Indian market.
  • Tata Motors was one of the few OEMs to record a YoY growth and ranked third in the list. It was considerably ahead of the likes of Kia & Mahindra to seal its third spot. It also saw an increment of 1.8% Market Share in 2020 v/s 2019.
  • Kia Motors India was the biggest gainer in 2020. The Korean Auto Major saw a whopping 208.8% increment in sales YoY and also recorded the highest Market Share jump – from 1.5% in 2019 to 5.8% in 2020! Kia also pipped M&M to grab the fourth place in the table!
  • Mahindra was just 4k units short of Kia and stands fifth in the table. The Indian OEM registered one the highest YoY drop in both Volumes & Market Share. No new product launches in 2020 hurt the sales really bad for the automaker.
  • Both Toyota & Honda suffered badly in 2020. While their volumes dropped -39.9% & 47.6% respectively; they collectively lost Market Share of -2.9%.

Vehicle Registration Statistics – December 2020

Federation of Automobile Dealers Association (FADA) has released December’20 Vehicle Registration Data today. We appreciate FADA’s initiative of releasing a further split in vehicle registration data by introducing Small, Medium and Heavy Commercial Vehicle registration details under the Commercial Vehicle category.

  • December registrations for the first time in FY20-21 witnesses’ positive growth of 11% (YoY) largely due to festival spill over demand and pre-buying due to announcement of price hike in January’21.
  • 2W, PV and Tractor categories grow by 11.8%, 24% and 35.5% (YoY) while CV and 3W continues to degrow by -13.5% and -52.7% (YoY).

Commenting on how December’20 performed, FADA President, Mr. Vinkesh Gulati said, “Automobile registrations for the first time witnessed YoY growth in this Financial Year by growing 11% in the month of December. A good crop season, better offers in 2W segment, new launches both in PV as well as 2W and a fear of price increase in the month of January kept the demand going. Supply side issues in passenger vehicles continued for the 2nd straight month thus making waiting period as high as 8 months in select OEM vehicles.

The CV segment continues to see demand pressure even though on YoY basis the segment fell by 13.5% due to lower base. Increased intra-city goods movement continued to help SCV’s outperform M&HCV segment as Axle load norms, increased fuel & vehicle cost and higher freight rates continued to play spoilsport.

Tractor continues to outshine supply for 6 straight months further confirming the fact that Bharat carries on to lead India’s economic recovery.”

Disclaimer:

  • The above numbers do not have figures from AP, MP, LD & TS as they are not yet on Vahan 4.
  • Vehicle Registration Data has been collated as on 09.01.21 and in collaboration with Ministry of Road Transport & Highways, Government of India and has been gathered from 1,270 out of 1,477 RTOs.
  • CV is subdivided in the following manner
    1. LCV – Light Commercial Vehicle (incl. Passenger & Goods Vehicle)
    2. MCV – Medium Commercial Vehicle (incl. Passenger & Goods Vehicle)
    3. HCV – Heavy Commercial Vehicle (incl. Passenger & Goods Vehicle)
    4. Others – Construction Equipment Vehicles and others

2020 SUV Sales – Hyundai & Kia contribute to 49% of the SUVs sold in India

Hyundai and Kia sold a combined 3,15,532 SUVs in 2020 and had a collective Market Share of 48.7%. Creta & Seltos emerged as the best selling SUVs for the respective OEMs.

  • Hyundai emerged as India’s Biggest SUV manufacturer and commanded a Market Share of ~28% in 2020!
  • It was closely followed up by its sibling Kia Motors. Kia outsold the likes of Mahindra & Maruti in terms of SUV sales and ranked second in the table.
  • Mahindra seats itself in the third spot and sold 1.3 Lakh SUVs in the year 2020. M&M which was once known to be ‘The Maruti of SUV segment’ as it had >50% Market Share in the segment – has lost significantly to the new entrants in the segment (Hyundai/Maruti/Kia).
  • Maruti’s performance in the segment is largely dependent on Brezza. As the model shed its Diesel engine; the loss of sales was significantly higher. Even S-Cross & Gypsy couldn’t contribute much.
  • Tata ranked 5th in the table and had 2 SUVs on sale in 2020 – Nexon & Harrier. With the 2021 Safari stepping in; will Tata strengthen its presence in the segment?




A look at the Top 10 Selling SUVs of 2020 – 

Rank OEM Model CY 2020 CY 2019 YoY (%)
1 Hyundai Creta 96,989 99,736 -2.8%
2 Kia SELTOS 96,932 45,494 113.1%
3 Maruti Vitara Brezza 83,666 1,27,094 -34.2%
4 Hyundai Venue 82,428 70,443 17.0%
5 Mahindra Bolero 55,433 69,656 -20.4%
6 Tata NEXON 48,842 49,312 -1.0%
7 Kia SONET 38,363 0
8 Mahindra XUV300 32,197 40,197 -19.9%
9 Mahindra Scorpio 31,240 46,725 -33.1%
10 Ford Ecosport 27,181 39,989 -32.0%
  • Hyundai Creta was the best-selling SUV in India with sales of 96,989 units in the year 2020.
  • Kia Seltos was just 57 units short of Creta and ranked second. Seltos has had a splendid journey in the Indian market and single handedly established Kia as a prominent SUV maker in India.
  • Maruti’s Brezza ranked third with dispatches of over 83.6k units in 2020. It was also India’s best selling Sub-4m Compact SUV for 2020. However; it degrew a hefty -34.2% YoY and lacks a diesel engine in its portfolio.
  • Hyundai’s Venue followed Brezza closely and ranked 4th in the table.
  • The Top 10 models had 2 models from Hyundai, 2 from Kia, 1 from Maruti, 3 from Mahindra 1 from Tata and 1 from Ford.

Segment-wise Car Sales for December 2020

Compact Hatchback segment was the largest segment in terms of volumes and contributed to over 23% of cars sold in India.

  • Compact SUV segment is now consistently country’s second largest segment. The launch of Kia Sonet and later Nissan’s Magnite just catapulted the segment volumes and it sold more than the likes of premium hatchbacks/Mid SUVs. It also grew 35% YoY which was one of the highest in Dec’20.
  • Premium Hatchback segment overtook the Mid SUVs and was the third largest segment and contributed near to 14% of the passenger car sales in India for December 2020.
  • Mid SUVs too grew a healthy 18% YoY and raked fifth in the table. The segment is one of the most sought after by the OEMs as it offers significant volumes and margins both.
  • Compact Sedans recorded one of the highest YoY drops and declined -4% YoY.




Segment Wise & Model Wise Sales Data – 

1. Entry Hatchback Segment:

Rank OEM Model Dec’20 Dec’19 Growth
1 Maruti Alto 18,140 15,489 17%
2 Maruti S-Presso 6,787 8,394 -19%
3 Renault Kwid 4,335 5,539 -22%
4 Datsun Redi-GO 502 1,380 -64%
TOTAL 29,764 30,802

2. Compact Hatchback Segment:

Rank OEM Model Dec’20 Dec’19 Growth
1 Maruti Swift 18,131 14,749 23%
2 Maruti Wagon R 17,684 10,781 64%
3 Hyundai i10 Grand 10,263 7,598 35%
4 Maruti Celerio 6,660 5,429 23%
5 Tata Tiago 6,066 4,558 33%
6 Maruti Nexa Ignis 3,268 964 239%
7 Hyundai Santro 1,960 3,820 -49%
8 Ford Figo 1 490 -100%
9 Datsun Go 0 105 -100%
10 Nissan Micra 65
11 Tata Bolt 32
12 Toyota Liva 72
TOTAL 64,033 48,663 32%

3. Premium Hatchback Segment:

Rank OEM Model Dec’20 Dec’19 Growth
1 Maruti Nexa Baleno 18,030 18,464 -2%
2 Hyundai i20 8,004 7,740 3%
3 Tata ALTROZ 6,600 0
4 Toyota GLANZA 2,102 1,620 30%
5 VW Polo 1,805 2,210 -18%
6 Honda Jazz 602 635 -5%
7 Ford Freestyle 170 296 -43%
TOTAL 37,313 30,965 21%




4. Compact Sedan Segment:

Rank OEM Model Dec’20 Dec’19 Growth
1 Maruti Dzire 13,868 15,286 -9%
2 Honda Amaze 4,385 5,077 -14%
3 Hyundai Xcent/Aura 3,113 1,139 173%
4 Tata Tigor 1,822 1,487 23%
5 Ford Aspire 110 247 -55%
6 VW Ameo 480
7 Tata Zest 520
TOTAL 23,298 24,236

5. Executive Sedan Segment:

Rank OEM Model Dec’20 Dec’19 Growth
1 Honda City 2,717 1,004 171%
2 Maruti Ciaz 1,270 1,786 -29%
3 Hyundai Verna 1,036 1,295 -20%
4 Skoda Rapid 1,015 1,359 -25%
5 VW Vento 348 469 -26%
6 Toyota Yaris 226 76 197%
7 Nissan Sunny 51
TOTAL 6,612 6,040 9%

6. Premium Sedan Segment:

Rank OEM Model Dec’20 Dec’19 Growth
1 Skoda Octavia 22 255 -91%
2 Hyundai Elantra 15 23 -35%
3 Honda Civic 0 178 -100%
4 Toyota Corolla 9
TOTAL 37 465

7. Luxury Sedan Segment:

Rank OEM Model Dec’20 Dec’19 Growth
1 Skoda Superb 262 159 65%
2 Toyota Camry 33 40 -18%
TOTAL 295 199 48%




8. Compact SUV Segment:

Rank OEM Model Dec’20 Dec’19 Growth
1 Hyundai Venue 12,313 9,521 29%
2 Maruti Vitara Brezza 12,251 13,658 -10%
3 Tata Nexon 6,835 4,350 57%
4 Kia Sonet 5,959 0
5 Mahindra XUV 300 3,974 2,132 86%
6 Toyota Urban Cruiser 1,762 0
7 Ford Ecosport 934 1,727 -46%
8 Honda WRV 930 1,398 -33%
9 Nissan Magnite 560 0
10 Mahindra TUV 300 884
TOTAL 45,518 33,670 35%

9. Mid-SUV Segment:

Rank OEM Model Dec’20 Dec’19 Growth
1 Hyundai Creta 10,592 6,713 58%
2 Kia Seltos 5,608 4,645 21%
3 MG Hector 3,430 3,021 14%
4 Mahindra Scorpio 3,417 3,656 -7%
5 Tata Harrier 2,223 1,458 52%
6 Maruti S-Cross 1,185 979 21%
7 Mahindra XUV 500 750 1,399 -46%
8 Renault Duster 494 756 -35%
9 Jeep Compass 384 742 -48%
10 MG ZS EV 122 0
11 Nissan Kicks 97 501 -81%
12 Hyundai Kona 24 12 100%
13 Skoda Karoq 4 0
14 VW T-ROC 1 0
15 Renault Captur 1
16 Nissan Terrano 0
17 Tata Safari 63
TOTAL 28,331 23,946 18%

10. Premium SUV Segment:

Rank OEM Model Dec’20 Dec’19 Growth
1 Toyota Fortuner 584 612 -5%
2 MG GLOSTER 458 0
3 Ford Endeavour 447 261 71%
4 VW Tiguan 247 324 -24%
5 Hyundai Tucson 80 92 -13%
6 Mahindra Alturas G4 9 123 -93%
7 Honda CR-V 4 38 -89%
8 Skoda Kodiaq 233
TOTAL 1,829 1,683 9%

11. MUV Segment:

Rank OEM Model Dec’20 Dec’19 Growth
1 Maruti Ertiga 9,177 6,650 38%
2 Mahindra Bolero 5,053 5,661 -11%
3 Renault TRIBER 4,971 5,631 -12%
4 Nexa XL6 3,088 2,521 22%
5 Toyota Innova Crysta 2,764 3,414 -19%
6 Kia CARNIVAL 251 0
7 Mahindra Marazzo 161 1,292 -88%
8 Toyota Vellfire 16 0
9 Datsun GO+ 0 67 -100%
10 Mahindra Xylo 41
11 Tata Hexa 317
12 Honda BR-V 82
13 Renault Lodgy 37
TOTAL 25,481 25,713

12. Van Segment:

Rank OEM Model Dec’20 Dec’19 Growth
1 Maruti Eeco 11,215 7,634 47%
TOTAL 11,215 7,634 47%

Honda City retains the throne as the Best Selling Executive Sedan in December 2020!

Honda City sales were up by a mammoth 171% YoY in Dec’20 and the model sold over 2.7k units last month!

  • The New Honda City again took the crown as India’s No.1 Executive Sedan for December 2020 with sales of 2,717units. Nexa Ciaz managed to come 2nd with dispatches of 1,270 units.
  • The 5th Generation Honda City has been accepted well and the model is leaving no room for competition to rise to the top spot. The model now commands over 41% Market Share in the segment!
  • Maruti’s Ciaz overtook the New Verna comfortably in Dec’20. Hyundai’s Verna could sneak in only 1,036 dispatches in Dec’20.
  • Toyota has been putting a lot of focus to enhance Yaris volumes and could record Wholesale of 226 units. The model anyhow grew 197% YoY. Only City & Yaris could post a YoY sales increase in Dec’20.