Hyundai Creta Reigns Supreme in Compact SUV Segment
The compact SUV segment in India continues to be dominated by the Hyundai Creta, which has consistently held the top spot for several months. Despite a slight decline in August 2024 sales, the Creta’s market share remains strong, solidifying its position as the most popular choice among Indian consumers.
August 2024 Sales Figures
The following table summarizes the sales figures for the top-selling compact SUVs in August 2024:
| Rank | Model | Sales (Units) | MoM Growth (%) | YoY Market Share (%) |
|---|---|---|---|---|
| 1 | Hyundai Creta | 16,762 | -3.38 | 5.92 |
| 2 | Maruti Grand Vitara | 9,021 | -4 | -5.82 |
| 3 | Kia Seltos | 6,536 | 22.23 | -8.62 |
| 4 | Toyota Hyryder | 6,534 | -11.92 | 4.93 |
| 5 | Tata Curvv | 3,455 | 0 | 0 |
| 6 | Honda Elevate | 1,723 | 28.58 | -2.28 |
| 7 | Volkswagen Taigun | 1,628 | 4.09 | -0.66 |
| 8 | Skoda Kushaq | 1,502 | 40.37 | -1.88 |
| 9 | MG Astor | 937 | 0.86 | 0.04 |
| 10 | Citroen Basalt | 579 | 0 | 0 |
Key Takeaways
- Hyundai Creta’s Dominance: The Creta continues to lead the compact SUV segment with impressive sales figures.
- Maruti Grand Vitara and Kia Seltos: Both models maintain their strong positions in the market, although they experienced slight declines in sales compared to the previous month.
- New Entrants: The Tata Curvv and Citroen Basalt have made a promising debut in the segment.
- Growth in the Segment: Overall, the compact SUV segment has seen a growth of around 10% in August 2024, thanks to the introduction of new models.
Factors Contributing to the Creta’s Success
The Hyundai Creta’s enduring popularity can be attributed to several factors:
- Strong Brand Reputation: Hyundai has established a strong brand reputation in India, known for its reliable and feature-packed vehicles.
- Competitive Pricing: The Creta offers a competitive price point, making it accessible to a wider range of buyers.
- Feature-Rich Offerings: The Creta comes loaded with features, including a spacious interior, advanced technology, and a powerful engine.
- After-Sales Support: Hyundai’s extensive dealer network and reliable after-sales support contribute to its customer satisfaction.
FAQs
What is the best-selling compact SUV in India?
The Hyundai Creta is the best-selling compact SUV in India.
How did the compact SUV segment perform in August 2024?
The segment experienced a growth of around 10% in August 2024.
Which new models were launched in the compact SUV segment?
The Tata Curvv and Citroen Basalt were the new entrants in the segment.
What are the key factors contributing to the Hyundai Creta’s success?
The Creta’s strong brand reputation, competitive pricing, feature-rich offerings, and reliable after-sales support are the key factors behind its success.
