Of FY2024’s record 4.21 million passenger vehicle sales, the utility vehicle (UV) segment had accounted for a 60 percent share. After the first five months of FY2025, UV wholesales are already 44 percent of their FY2024 total.
The UV segment, with sustained double-digit growth, continues to act as a buffer for declining hatchback and sedan sales. At 1.10 million units, wholesales or vehicle dispatches to showrooms in the April-August 2024 period were up 15 percent year-on-year. UV dispatches account for 63 percent of overall passenger vehicle sales of 17,39,044 units in the first five months of FY2025 compared to 57 percent in April-August 2023.
The top six UV manufacturers, each with six-figure wholesales, together account for 10,35,667 units (up 17 percent YoY) or an overwhelming 94 percent of total UV dispatches in the past five months, leaving the balance to the 10 other OEMs.
Top 20 best-selling SUVs, MPVs | |||
---|---|---|---|
Model | Apr-Aug 24 | Apr-Aug 23 | Change |
Tata Punch | 88,109 | 59.590 | 48% |
Hyundai Creta | 80,514 | 70,976 | 13% |
Maruti Brezza | 78,337 | 66,927 | 17% |
Maruti Ertiga | 77,620 | 51,149 | 52% |
Maruti Fronx | 59,967 | 52,022 | 15% |
Mahindra Scorpio | 66,855 | 48,003 | 39% |
Tata Nexon | 60,882 | 63,650 | -4% |
Hyundai Venue | 46,262 | 53,171 | -13% |
Maruti Grand Vitara | 45,484 | 48,002 | -5% |
Kia Sonet | 44,682 | 34,082 | 31% |
Toyota Innova | 44,662 | 38,574 | 16% |
Mahindra XUV 3XO | 41,501 | 24,806 | 67% |
Mahindra Bolero | 38,352 | 43,923 | -13% |
Hyundai Exter | 35,030 | 14,430 | 143% |
Mahindra XUV700 | 33,846 | 28,081 | 21% |
Kia Seltos | 31,659 | 35,294 | -10% |
Kia Carens | 27,358 | 30,882 | -11% |
Toyota Hyryder | 25,386 | 16,035 | 58% |
Mahindra Thar | 25,939 | 24,713 | 5% |
Maruti Suzuki XL6 | 15,736 | 17,594 | -11% |
The segment-wise model split reveals that both compact SUVs and midsize SUVs have eight models each in the Top 10 listing. The compact SUV lot is led by the Tata Punch, which is currently India’s best-selling SUV. It is followed by the Maruti Brezza and Fronx, Tata Nexon, Hyundai Venue, Kia Sonet, Mahindra 3XO and Hyundai Exter.
The midsize SUVs are led by the Hyundai Creta, which is followed by the Mahindra Scorpio, Maruti Grand Vitara, Mahindra Bolero and XUV700, Kia Seltos, Toyota Hyryder, and the Mahindra Thar.
Four MPVs wrap up the Top 20, led by the Toyota Innova Crysta / Hycross, Maruti Ertiga, Kia Carens and Maruti XL6.
Also See:
Ford confirms restart of manufacturing in India
PM E-Drive scheme announced in India, replaces FAME II