Latest News
- UK CV Production Achieves Best First Quarter Since 2008 Amidst Export Surge
- Everrati's New B2B Division Sees Surge In Global Luxury Brand Deals
- Bajaj To Offer Chetak Electric Scooter At Lower Price Point: All Details Here
- Isuzu UK Teams Up With ARB UK For New ARB HUB Dealer Programme
- BMW i5 M60 xDrive Launched In India At Rs 1.195 Crore - 592bhp, 516km Range
- Global NCAP Lauds Tata Motors - A 5-Star Journey
- Trans-Africa 2025 Porsche Safari: A Rally Adventure From Angola To Zambia
- Mazda UK Slashes MX-30 Prices To Encourage EV Adoption Amidst No Government Incentives
- FanCode Brings The 2024 DTM Season To India With Exclusive Broadcast Rights
- Lamborghini Urus SE: Pioneering The Future With Plug-in Hybrid Super SUV
MUVs Outsell Sedans For the First Time In India
The Indian car market had a clear hierarchy in terms of sales volumes. Hatchbacks stand at the top spot followed by sedans and the MUVs But the previous quarter ending June has revealed a marked difference in this hierarchy. MUVs have overtaken sedans to become the second best selling vehicles behind hatchbacks.
Many
are
not
surprised
by
the
sudden
shift
in
the
market.
The
MUV
segment
has
been
spurred
on
by
the
arrival
of
new
models
such
as
the
XUV
500
and
the
the
Maruti
Suzuki
Ertiga.
The
Toyota
Innova
continues
to
be
a
dominant
force
in
the
segment.
The XUV 500 has not only trumped other SUVs in terms of sales but has also outsold all the D-segment sedans in the same price bracket. Mahindra has reported 9,000 sales of the XUV 500 which retails between Rs.11 lakhs and Rs.15 lakhs in the April to June quarter. Sales of sedans such as the Toyota Corolla Altis, Chevrolet Cruze, Honda Civic and Skoda Laura put together are less than 6,500 units.
While the XUV 500 has trumped D-Segment sedans, Maruti Suzuki's Ertiga is out selling C-Segment sedans such as the Honda City, Hyundai Verna, Ford Fiesta and Volkswagen Vento. Maruti has sold more than 6,500 units of the Ertiga in the first month of its launch. Toyota has reported more than 20,000 sales of its best selling MPV Innova.
From the sales figures of the three vehicles do not indicate how they have eaten in to the sales of executive sedans., Sedans were the natural progression for a hatchback owner but the SUV has emerged as a more preferred car. SUVs offer a more space and practicality. Further, developments in refinement and handling make them as comfortable or even better than sedans.
The stark difference between the sales of SUVs against sedans is becoming more visible as we move upmarket. Sales of SUV in the Rs.20 lakhs to Rs.25 lakhs range is four times more than sedans in the same price range. Sales of sedans including the Honda Accord, Skoda Superb, Toyota Camry stood at 1,244 units in the past three months. Premium SUVs such as the Toyota Fortuner, Ford Endeavour and Chevrolet Captiva garnered 5,580 sales.
Multi utility vehicles (SUV + MPV) have seen the largest growth in recent months. Analysts opined this growth could be attributed to the Indian car market maturing and the arrival of new attractive models in the segment. The launch of the Renault Duster has also proved to be a hit. With more models such as the Ford EcoSport, mini Xylo, Ssangyong Rexton, Maruti Suzuki XA Alpha expected to be launched, the sector can be expected to grow at a much faster pace.
Industry experts are not surprised at the surge in MUV sales. They feel the market for these vehicles always existed but was curtailed by the lack of quality products. This has been rectified by the arrival of models such as the XUV 500 and the Maruti Suzuki Ertiga.