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SUV sales have risen to an all-time high in the Indian market and almost all the OEMs have an offering in the SUV category. And Compact SUV has picked the fancy of the automakers as it has garnered tremendous volumes over the years. Do note that 10 out of 15 mass-market OEMs in India have a product in the Compact SUV category and all 15 out of 15 OEMs have an offering in the overall SUV category! Both Compact SUV and Mid SUV segment were able to outsell the Compact, Premium & Entry Hatchback segments.
Aug'21 recorded a decline in Compact/Entry Hatch, MUV, Compact Sedan, and Premium Sedan segments. It is evident that the new car buyer is upgrading for a Premium Hatch/Compact SUV or else is opting for a used car. People shying away from the entry/compact hatches has made OEMs like Hyundai think if it is feasible to launch a model (Casper) in the category.
Even after the Amaze MMC (Mid-Model Change) launch in Aug'21; the Compact Sedan segment recorded a decline of 22 percent and was primarily impacted by the drop in Dzire volumes. Maruti Dzire's dispatches fell 58 percent and the model slipped to the second position in the table. Honda Amaze emerged as the best-selling Sub-4m Compact Sedan for August 2021.
Compact SUV was the largest segment in terms of volumes and also recorded one of the highest YoY growth in Aug'21. 1 out of 5 cars sold in Aug'21 was a Compact SUV!
Mid SUVs followed to the second position and recorded YoY growth of 22 percent. The segment is going to get heated up further with the launch of Mahindra XUV700 and MG Astor.
Compact Hatchback segment contributed over 15% of the passenger cars sold in India for August 2021. Also; the segment recorded one of the highest YoY fall of 29 percent in Aug'21 vs Aug'20.
Premium Hatchbacks sales increased 21 percent YoY and ranked fourth in the table.
Entry Hatchbacks placed itself in the fifth position and had cumulative sales of 23,462 units in August 2021.
MUV segment sales dropped and was primarily impacted by lower Ertiga & Bolero volumes.
Segment Wise & Model Wise Sales Data –
1. Entry Hatchback Segment:
2. Compact Hatchback Segment:
3. Premium Hatchback Segment:
4. Compact Sedan Segment:
5. Executive Sedan Segment:
6. Premium Sedan Segment:
7. Luxury Sedan Segment:
8. Compact SUV Segment:
9. Mid-SUV Segment:
10. Premium SUV Segment:
11. MUV Segment:
12. Van Segment:
13. Lifestyle Off-roader Segment:
