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May 2024 Auto Sales: Tata Punch Tops Compact SUV Segment In India
The Indian compact SUV market continues to be a battleground for manufacturers, with strong showings from both established and new players. In May 2024, the Tata Punch emerged as the segment leader, showcasing its growing popularity among Indian car buyers.
In May 2024, the Tata Punch emerged as the best-selling compact SUV in India, with 18,949 units sold. This marks a 70 per cent increase from May 2023 when 11,124 units were sold. The Punch's strong performance highlights its popularity in the Indian market.
The Maruti Suzuki Brezza followed closely, selling 14,186 units in May 2024. This figure represents a 6 per cent increase from the 13,398 units sold in May 2023. Meanwhile, the Maruti Suzuki Fronx secured third place with 12,681 units sold, a 29 per cent rise from 9,863 units sold the previous year.
The Tata Nexon came in fourth with 11,457 units sold, a 21 per cent drop compared to 14,423 units in May 2023. The Mahindra XUV 3XO (XUV 300), which began customer deliveries last month, reached the 10,000-unit mark, showing a substantial 95 per cent growth from 5,125 units sold last year.
Top 10 Compact SUVs (YoY) Sales
| Rank | Model | Sales in May 2024 | Sales in May 2023 | Growth (%) |
|---|---|---|---|---|
| 1 | Tata Punch | 18,949 | 11,124 | 70% |
| 2 | Maruti Suzuki Brezza | 14,186 | 13,398 | 6% |
| 3 | Maruti Suzuki Fronx | 12,681 | 9,863 | 29% |
| 4 | Tata Nexon | 11,457 | 14,423 | -21% |
| 5 | Mahindra XUV 3XO (XUV300) | 10,000 | 5,125 | 95% |
| 6 | Hyundai Venue | 9,327 | 10,213 | -9% |
| 7 | Hyundai Exter | 7,697 | – | – |
| 8 | Kia Sonet | 7,433 | 8,251 | -10% |
| 9 | Mahindra Thar | 5,750 | 4,296 | 34% |
| 10 | Nissan Magnite | 2,211 | 2,618 | -16% |
The Hyundai Venue ranked sixth with 9,327 units, a 9 per cent drop from last year's 10,213 units. The Hyundai Exter debuted in seventh place with 7,697 units sold. The Kia Sonet took eighth place with 7,433 units, marking a 10 per cent decrease from 8,251 units the previous year.
The Mahindra Thar secured ninth place with 5,750 units sold, a 34 per cent increase from 4,296 units. The Nissan Magnite rounded out the top ten with 2,211 units, a 16 per cent decline from 2,618 units sold last year.
DriveSpark Thinks
The May 2024 auto sales figures for compact SUVs in India reveal a dynamic market with interesting trends. The Tata Punch's dominance is a clear indicator of its value proposition resonating with buyers. Maruti Suzuki's continued presence with the Brezza and Fronx highlights the brand's strong position.
The Mahindra XUV 3OO's impressive debut suggests it will be a strong contender in the coming months. While the Hyundai Venue and Kia Sonet witnessed a decline, the arrival of the new Hyundai Exter adds another player to the mix. The segment is likely to see continued competition with manufacturers striving to offer the best features, performance, and value to attract buyers.
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