Revealed On Dec 21, 2021 08:00:00 AM
The UV phase in India is dominated by Maruti and Hyundai, collectively holding a market share of 40 p.c.
In between April to November 2021, India noticed whole passenger automobile gross sales of 18,29,693 models, and unsurprisingly, UVs had been the predominant physique type bought in our market. Accounting for almost 47 p.c of whole PV gross sales, UVs have bought a complete of 8,70,894 models in between April-November. However what’s actually attention-grabbing to notice is that the highest 5 bestselling UVs accounted for 41 p.c of whole UV gross sales and almost 20 p.c of whole passenger automobiles gross sales in India.
These prime 5 UVs comprise two Hyundais, two Marutis and one Kia – the Hyundai Creta, Maruti Ertiga, Maruti Vitara Brezza, Kia Seltos and Hyundai Venue. The Creta is the top-selling UV however membership the two-model Maruti gross sales rely – 1,46,875 models – and it’s Maruti which is ruling the phase, forward by 2,477 models (Hyundai: 1,44,398 models). What’s creditable right here is that Maruti Suzuki doesn’t have a diesel mannequin and can be the only real CNG participant on this pack of 5.
- Prime 5 UVs comprised almost 20 p.c of all PV gross sales in between April-November
- Hyundai Creta leads the charts, Ertiga and Vitara Brezza shut behind
- Maruti and Hyundai are prime gamers in UV phase with 40 p.c market share
Let’s take a better take a look at these 5 market movers and shakers.
Hyundai Creta: 80,476 models
Hyundai’s Creta, the longstanding UV market chief, continues to prime the rankings and together with the Maruti Ertiga has been an everyday in every of the primary eight months of the yr. Its finest month-to-month efficiency got here in July (13,000 models).
Its April-November 2021 tally of 80,476 models is an 11.63 p.c year-on-year progress (April-November 2020: 72,091), cut up between 40,647 petrol and 39,829 diesel variants. Delving for extra particulars reveals that, in sync with the patron shift to petrol, the Creta diesel gross sales are dropping – they’re down 6.65 p.c over the earlier yr’s 42,669 models. In the meantime, petrol energy amply reveals by within the improve of 38 p.c over the earlier yr’s petrol Creta gross sales of 29,422 models.
Nonetheless, the Creta’s significance may be seen in its contribution of 49.66 p.c to Hyundai’s whole UV gross sales of 1,62,031 models in April-November 2021, which in itself are up 35.45 p.c year-on-year (April-November 2020: 119,619).
Maruti Ertiga – 73,926 models
Simply 6,550 models behind the Creta is the Maruti Ertiga with 73,926 models, which constitutes stable year-on-year progress of 45 p.c (April-November 2020: 50,752). The fuel-wise cut up is 41,482 petrol and 32,444 CNG variants, however clearly, Maruti is benefiting vastly from the surge in demand for the CNG variant, given the sky-high petrol and diesel costs.
At 73,926 models within the first eight months of FY2022, the Ertiga has contributed 40 p.c to Maruti’s whole UV gross sales of 1,86,734 models, with sibling Brezza offering one other 39 p.c to the general UV whole. Just like the Creta, the Ertiga has been an everyday within the Prime 5 chart for all eight months – actually, its July 2021 tally of 13,434 models is the perfect for any UV within the fiscal yr so far.
Due to this fact, it isn’t stunning that the Ertiga has lately pushed previous the 7,00,000-unit gross sales milestone.
Maruti Vitara Brezza – 72,949 models
Simply 977 models behind its sibling Ertiga and seven,527 behind UV market chief Creta, the Vitara Brezza has maintained its progress trajectory. Admirably, on this lot, it’s the just one with a single gas possibility – petrol. With gross sales of 72,949 models, the Brezza has recorded a strong 49 p.c year-on-year progress (April-November 2020: 48,902).
Just like the Ertiga, the Brezza too has notched its private milestone – 7,00,000 gross sales in lower than seven years.
Now, Maruti Suzuki is on the brink of launch the MY2022 mannequin. The new Vitara Brezza would be the first SUV from Maruti’s new mannequin offensive to be launched in India. The brand new SUV has been spied with out camouflage. And in a transfer which might add extra wind to the Brezza’s gross sales is that Maruti Suzuki is contemplating bringing it into its CNG secure of fashions.
Kia Seltos – 65,444 models
At fourth place within the pecking order is the Kia Seltos, with 65,444 models within the first Eight months of FY2022, which marks 19.34 p.c year-on-year progress over the earlier yr’s gross sales of 54,834 models. The fuel-wise cut up for the Seltos’ gross sales is 35,881 petrol (up 13 p.c YoY: 31,686 models) and 29,563 diesel (up 27 p.c YoY: 31,686 models). The gas smart cut up is 55:45 in favour of petrol.
The Seltos, Kia’s first product in India, has bought a complete of two,36,333 models since launch in August 2019 until end-November 2021.
Hyundai Venue – 63,922 models
Hyundai’s Venue has bought a complete of 63,922 models, which is a 36 p.c improve over the year-ago gross sales of 46,934 models. The fuel-wise cut up is 47,664 petrol and 16,258 diesel, which makes for a 74:26 ratio overwhelmingly in favour of the petrol Venue.
Development outlook for the UV phase
Maruti Suzuki and Hyundai Motor India, with UV market shares of 21.44 p.c and 18.61 p.c, respectively, collectively have a 40 p.c share. Mahindra is third with 15 p.c and Kia India with 13.66 p.c. All 4 producers, together with another gamers, would have bought extra in previous eight months of FY2022 had it not been for the crippling influence of the semiconductor scarcity on their manufacturing and resultant shares with their sellers. They even misplaced out of potential excessive gross sales within the festive season in November when buy of latest automobiles is excessive on shopper agenda. Provided that Maruti Suzuki has an estimated 2,50,000 bookings throughout its PV vary, it wouldn’t be incorrect to hazard a guess that in regular occasions the corporate would have been forward of Hyundai within the total UV numbers.
What’s extra, with Maruti Suzuki readying to launch the facelifted variations of the Ertiga and the Brezza, count on these two fashions to be among the many newsmakers on 4 wheels within the new yr.
The SUV market, which has seen an influx of latest fashions just like the Mahindra XUV700, MG Astor, Skoda Kushaq advert Volkswagen Taigun, will see some extra additions within the early a part of 2022.
With each carmaker value its wheels eager to journey the surging wave of SUV demand, that is one phase the place the motion can flip much more thrilling.
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