Hyundai Creta Dominates Compact SUV Segment in October 2024
The Indian automotive market, particularly the compact SUV segment, continues to be a hotbed of competition. In October 2024, the Hyundai Creta emerged as the undisputed leader, outselling its rivals and capturing a significant market share. Let’s delve deeper into the sales performance of key players in this segment.
Hyundai Creta: The Unstoppable Force
The Hyundai Creta once again proved its dominance, registering sales of 17,497 units in October 2024. This impressive figure represents a 10.03% month-on-month (MoM) growth and a 5.36% year-on-year (YoY) increase in market share. The Creta’s strong performance can be attributed to its stylish design, feature-rich interior, and reliable performance.
Maruti Grand Vitara: A Strong Contender
The Maruti Grand Vitara secured the second spot with sales of 14,083 units in October 2024. This represents a remarkable 37.16% MoM growth, showcasing the increasing popularity of this SUV. The Grand Vitara’s strong brand image, fuel-efficient engines, and spacious cabin have contributed to its success.
Kia Seltos: A Slight Dip
The Kia Seltos, which was once a segment leader, experienced a slight decline in October 2024. With sales of 6,365 units, the Seltos recorded a 8.53% MoM decrease. While the Seltos continues to be a popular choice, its market share has dipped compared to previous months.
Other Notable Performers
- Toyota Hyryder: The Hyryder maintained its steady performance with 5,449 units sold in October 2024.
- Tata Curvv: The Tata Curvv made a strong debut, selling 5,351 units in its first month.
- Skoda Kushaq and Volkswagen Taigun: These German twins continue to gain traction, with sales of 2,213 and 2,028 units, respectively.
- Honda Elevate: Honda’s latest SUV, the Elevate, sold 2,149 units in its debut month.
- MG Astor and Citroen Cars: Both brands struggled to make significant inroads in the segment.
Key Takeaways
- Hyundai Creta Dominance: The Creta’s strong performance solidifies its position as the segment leader.
- Maruti Grand Vitara’s Rise: The Grand Vitara’s impressive MoM growth highlights its increasing popularity.
- Kia Seltos Faces Challenges: The Seltos’ decline in sales is a concern for Kia.
- New Entrants Gain Traction: The Tata Curvv and Honda Elevate have made strong starts in the segment.
- European Brands Struggle: Skoda, Volkswagen, MG, and Citroen continue to face challenges in the competitive Indian market.
The compact SUV segment remains highly competitive, with several strong contenders vying for market share. As new models are launched and existing ones receive updates, the landscape is likely to evolve further.
FAQs:
Which is the best-selling compact SUV in India?
Currently, the Hyundai Creta is the best-selling compact SUV in India.
How did the Maruti Grand Vitara perform in October 2024?
The Grand Vitara recorded a strong 37.16% MoM growth in October 2024.
Which SUVs experienced a decline in sales in October 2024?
The Kia Seltos and Citroen cars experienced a decline in sales in October 2024.
