Mahindra XUV700 Sales in February 2024 Beat Tata Harrier and Safari Taken Together for Midsize SUVs
In February 2024, Mahindra SUVs topped the sales charts for midsize SUVs in India. Month-over-month (MoM) sales for the sector showed a nearly 3 percent decline in popularity; nevertheless, Mahindra Scorpio and MG Hector continued to post gains last month. These are the sales figures for each midsize SUV in February 2024.
Mid-size SUVs | |||||||
February 2024 | January 2024 | MoM Growth | Market share current(%) | Market share (% last year) | YoY mkt share (%) | Average sales (6 months) | |
Mahindra Scorpio | 15051 | 14293 | 5.3 | 49.53 | 69.35 | -19.82 | 12193 |
Mahindra XUV700 | 6546 | 7206 | -9.15 | 21.54 | 44.95 | -23.41 | 7445 |
Tata Safari | 2648 | 2893 | -8.46 | 8.71 | 12.49 | -3.78 | 1680 |
Tata Harrier | 2562 | 2626 | -2.43 | 8.43 | 20.49 | -12.06 | 1811 |
MG Hector | 1826 | 1817 | 0.49 | 6 | 25.52 | -19.52 | 2258 |
Hyundai Alcazar | 1290 | 1827 | -29.39 | 4.24 | 15.55 | -11.31 | 1667 |
Jeep Compass | 204 | 286 | -28.67 | 0.67 | 4.05 | -3.38 | 285 |
Hyundai Tucson | 157 | 183 | -14.2 | 0.51 | 4.96 | -4.45 | 198 |
Volkswagen Tiguan | 102 | 113 | -9.73 | 0.33 | 0.92 | -0.59 | 153 |
Citroen C5 Aircross | 0 | 1 | -100 | 0 | 0.03 | -0.03 | 3 |
Total | 30386 | 31245 | -2.74 | 99.96 |
Important lessons learned
- In February 2024, the Mahindra Scorpio remained the top-selling midsize SUV, continuing to dominate the sales chart. Last month saw the sale of over 15,000 units, representing a monthly increase in demand of more than 5%. Note that the Mahindra Scorpio N and Scorpio Classic sales are included in these figures.
- Even though it only shipped less than half as many units as the top-selling Mahindra, the Mahindra XUV700 was the next best-selling SUV in this market. It did see a MoM sales decline of more than 9%.
- Together, the Tata Safari and Tata Harrier exceeded the 5,000 unit sales threshold in February 2024, drawing in more than 2,500 clients apiece.
- The MG Hector did not experience a monthly sales decline with over 1,800 units sold, demonstrating its steady demand in the market. Nonetheless, Hector’s market share decreased by almost 20 percent on a year-over-year (YoY) basis. Note that Hector and Hector Plus sales are included in these numbers.
- The Hyundai Alcazar had a decline in MoM sales of about 30%, but it nevertheless exceeded the 1,000-unit sales threshold. Compared to its average sales over the previous six months, its sales in February were over 400 units lower.
- In February, the Jeep Compass had a 29 percent decrease in sales, drawing in just 204 customers. Here, it continued to be the most popular premium model.
- In February 2024, the Hyundai Tucson achieved the eighth position in the sales table, having sold more than 150 vehicles. Sales of Hyundai’s flagship ICE (internal combustion engine) SUV fell by more than 14% month over month.
- In February 2024, the Volkswagen Tiguan sold just over 100 units, placing it in ninth place on the sales leaderboard.
- Citroen’s flagship SUV, the C5 Aircross, was a complete failure to sell in India.
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