Lifestyle Offroader Segment registers the highest growth in November 2020!
Mahindra Thar sees the highest monthly volume till date and helped the Lifestyle Offroader segment record a staggering 4923% YoY growth in November 2020!
Compact Hatchbacks was India’s largest segment in terms of volumes and it contributes to ~23% of the cars sold in India!
Compact SUV segment is now consistently country’s second largest segment. The launch of Kia Sonet just catapulted the segment volumes and it sold more than the likes of premium hatchbacks/Mid SUVs. It also grew 41% YoY which was one of the highest in Nov’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 November 2020.
Mid SUVs too grew a healthy 10% YoY and raked fourth in the table. The segment is one of the most sought after by the OEMs as it offers significant volumes and margins both.
Entry hatch recorded one of the highest YoY drops and declined -10% YoY. It clearly signifies that the Indian market is now more value oriented (not price oriented).
Segment Wise & Model Wise Sales Data –
1. Entry Hatchback Segment:
2. Compact Hatchback Segment:
3. Premium Hatchback Segment:
5. Executive Sedan Segment:
6. Premium Sedan Segment:
7. Luxury Sedan Segment:
9. Mid-SUV Segment:
10. Premium SUV Segment:
12. Van Segment:
13. Lifestyle Off-roader Segment: