MUV Sales in India for FY2020
Apart from the SUV’s, any other segment which is making a lot of buzz in India – It’s the MUVs. The family mover MUVs has garnered a lot of attention in the recent times and the OEMs are making entry at all ends of the segment – In 2019-20; we saw Renault venturing in the entry level with its Triber and Toyota raking up all the way to the high-end premium price point with the Vellfire. Kia’s second offering ‘Carnival’ too made a grand entry into the Indian market and price wise was pitted higher against the likes of Innova as well. We would rather say that India now has a a choice of matured MUVs at all possible price range! The efforts were positively reflected in sales volumes too – The MUV segment managed to grow 1% in FY2020 v/s FY2019.
The Ertiga + XL6 combo sold over 1.12 Lakh units! Do note that this number is higher than the number of Brezza’s sold in the same timeline. This highlights how Ertiga / XL6 has made an impact in the segment and is gaining good volumes too.
Mahindra’s age old workhorse Bolero managed to rank 2nd due to strong affinity in rural market. However; the model sales dropped -30% YoY due to the BS6 transition and updated CAFE norms.
Renault’s Triber impressed us all with its frugality and offered an extremely value-for-money proposition at the price point. The model turned savior for brand Renault in previous fiscal and also emerged as the 4th best selling MUV.
Carnival’s 3 months sales outsold the overall year’s sales of Hexa! Kia started dispatches of the Carnival in Jan’20 and the overall dispatches in the past 3 months was 3,187 units (average of over 1k / month).