May 2020 Market Share Analysis – Executive Sedan Segment
The Verna was the best selling executive sedan of May’20 and was ahead of Skoda Rapid, Maruti Suzuki Ciaz and Volkswagen Vento. Verna commanded a Market Share of 27%! Hyundai had introduced the facelifted Verna in Mar’20 with exterior and interior changes alongside the debut of BS6 compliant powertrain options.
Skoda’s Rapid outsold the likes of Maruti’s Ciaz & Honda’s City in May’20! It registered a Market Share of 25% last month.
Maruti Nexa Ciaz ranked third with sale of 192 units in May’20 and could garner Market Share of just 17%. It also recorded a massive 95% YoY decline.
Honda is delaying the launch on the next gen City and is clearly affecting its sales volumes. Honda has recently announced that both the current gen and next gen City will be on sale in India.RankOEMModelMay’20May’19GrowthMarket Share1HyundaiVerna3172,567-88%27%2SkodaRapid291734-60%25%3MarutiCiaz1923,592-95%17%4VWVento178654-73%15%5HondaCity1182,557-95%10%6ToyotaYaris63373-83%5%7NissanSunny0136-100%0%8FiatLinea014–0%TOTAL1,15910,627-89%100%