Compact Hatchbacks remained India’s biggest segment in terms of volumes for February 2021. But; it was SUVs that recorded the highest YoY growth in Feb’21.
Let us look at Segment volumes for Feb’21 along with YoY analysis –
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Compact Hatchback segment contributed near to 22% of the passenger cars sold in India for Feb’21. Do note that India’s Best-Selling Car for Feb’21 was from this segment (Maruti Swift). However; the growth was almost flat in Feb’21 vs Feb’20.
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Compact SUVs recorded one of the highest YoY growth in Feb’21 and emerged as the second-largest segment in terms of volumes. It is imperative to note that all big-ticket launches have happened in the segment in the past 6-7 months – Namely, Kia Sonet, Toyota Urban Cruiser, Nissan Magnite & Renault Kiger. Now almost all OEMs have a presence in this segment.
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Premium Hatchback Segment ranked third in terms of volumes and recorded a YoY growth of 33%. Baleno+Glanza commanded over 53% of the segment’s volumes in Feb’21.
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Mid-SUV recorded a massive 83% YoY growth and was the fourth largest segment of Feb’21. The Korean dominance is clearly visible in the segment and Creta+Seltos duo managed to capture over 56% of the segment’s share in Feb’21!
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Entry Hatch, MUVs, Luxury Sedan & Premium Sedan segments recorded YoY degrowth in Feb’21.
Segment Wise & Model Wise Sales Data –
1. Entry Hatchback Segment:
2. Compact Hatchback Segment:
3. Premium Hatchback Segment:
4. Compact Sedan Segment:
5. Executive Sedan Segment:
6. Premium Sedan Segment:
7. Luxury Sedan Segment:
8. Compact SUV Segment:
9. Mid-SUV Segment:
10. Premium SUV Segment:
11. MUV Segment:
12. Van Segment:
13. Lifestyle Off-roader Segment:
