In Apr’19, XUV300 overtakes Nexon for the first time since launch!
Compact SUV was one of the few segment to post a YoY growth in Apr’19. A large factor of this growth was contributed by the new baby in the segment – Mahindra XUV300. Compact SUV segment grew 5.4% in Apr’19 v/s Apr’18. XUV300 has been faring well since launch and 4,200 units were shipped in Apr’19 – It helped the model occupy the second slot in the ranking table overtaking Tata’s Nexon for the first time since launch. Brezza on the other hand dominated the segment and contributed to over 45% of the segment’s volumes. It is surprising to see how Brezza achieves this kind of volume without Petrol variant availability.
The segment volumes are surely bound to increase with the launch of Hyundai’s Venue. While Hyundai shall be planning to give tough competition to Brezza; it shall be interesting to see on how the model shall cannibalize Creta volumes too.