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).