Maruti Brezza Dominates Sub-4 Meter SUV Segment in October 2024
The Indian automotive market continues to be dominated by SUVs, and the sub-4 meter SUV segment is no exception. In October 2024, the Maruti Suzuki Brezza emerged as the clear leader, outselling its rivals like the Tata Nexon and Hyundai Venue.
Breaking Down the Numbers
Here’s a breakdown of the sales figures for the top sub-4 meter SUVs in India for October 2024:
| Model | October 2024 Sales | MoM Growth (%) | YoY Growth (%) | Market Share (%) |
|---|---|---|---|---|
| Maruti Suzuki Brezza | 16,565 | 8.11 | -1.81 | 25.22 |
| Tata Nexon | 14,759 | 28.67 | -5.97 | 22.47 |
| Hyundai Venue | 9,562 | 6.24 | 6.37 | 14.56 |
| Kia Sonet | 10,901 | 6.25 | -2.90 | 16.60 |
| Mahindra XUV300 | 9,699 | -6.15 | 3.84 | 14.77 |
| Nissan Magnite | 1,053 | 6.57 | 0.07 | 1.60 |
| Renault Kiger | 3,119 | 48.52 | 0.42 | 4.75 |
Key Takeaways
- Maruti Brezza’s Dominance: The Maruti Brezza continues to be a strong performer, leading the segment with over 16,500 units sold in October 2024.
- Tata Nexon’s Strong Showing: The Tata Nexon secured the second spot with a significant month-on-month growth of 28.67%.
- Hyundai Venue’s Steady Performance: The Hyundai Venue maintained its position as a popular choice, with a modest increase in sales.
- Kia Sonet’s Consistent Performance: The Kia Sonet continued to deliver strong sales figures, solidifying its position in the segment.
- Mahindra XUV300’s Mixed Performance: The Mahindra XUV300 experienced a slight decline in sales compared to the previous month.
- Nissan Magnite and Renault Kiger: While the Nissan Magnite and Renault Kiger have niche appeal, they continue to contribute to the overall growth of the segment.
Factors Driving Growth
Several factors have contributed to the growth of the sub-4 meter SUV segment in India:
- Increasing Urbanization: The rising number of nuclear families and increasing urbanization have led to a surge in demand for compact SUVs.
- Fuel Efficiency: These SUVs offer a good balance of fuel efficiency and performance, making them suitable for city driving and highway cruising.
- Feature-Packed Offerings: Manufacturers are equipping these SUVs with a host of features, including advanced safety systems, connectivity options, and stylish designs.
- Government Incentives: Government incentives and favorable tax policies have also boosted the sales of these vehicles.
As the Indian automotive market continues to evolve, the sub-4 meter SUV segment is poised for further growth. With new models and updates on the horizon, consumers can expect even more exciting options in the coming years.
FAQs:
Which is the best-selling sub-4 meter SUV in India?
As of October 2024, the Maruti Suzuki Brezza is the best-selling sub-4 meter SUV in India.
What are the key factors driving the growth of the sub-4 meter SUV segment?
Factors like increasing urbanization, fuel efficiency, feature-packed offerings, and government incentives are driving the growth of the segment.
Which sub-4 meter SUV offers the best value for money?
The best value for money depends on individual preferences and priorities. However, models like the Maruti Suzuki Brezza, Tata Nexon, and Hyundai Venue offer a good balance of features, performance, and affordability.
