Hatchback Sales March 2024 (YoY vs MoM) – WagonR, Baleno, Tiago, i20, NIOS, Kwid, Comet

After discussing SUV sales and Sedan sales of India, lets now take a look at the hatchback sales. In March 2024, hatchback sales in India experienced a notable downturn compared to the same period last year, reflecting a challenging market landscape. Total hatchback sales for the month reached 95,251 units, marking a significant decline of 8.20% compared to March 2023.

Among the key players in the segment, Maruti Suzuki continued to dominate with multiple models in the top ranks. However, even the market leader faced setbacks in sales figures. Leading the pack, albeit with a slight dip, is the perennial favourite, Maruti Suzuki’s WagonR. Despite recording 16,368 units sold, a decrease of 5.41% compared to March 2023, the WagonR maintains a stronghold with a 17.18% market share. Similarly, Maruti Swift and Baleno, at 15,728 and 15,588 units respectively, experienced declines of 10.43% and 3.59%, underscoring the subdued consumer sentiment.

Following closely, Maruti Alto secured 9,332 units in sales, reflecting a modest increase of 2.11% compared to the same period last year. Tata Motors’ Tiago / EV faced a notable decline of 13.37%, with 6,381 units sold in March 2024, down from 7,366 units in March 2023. Tata Altroz emerges as a standout performer, witnessing a remarkable surge of 54.97% with 5,985 units sold in March 2024, compared to 3,862 units in the same period last year.

Hyundai’s i20 and i10 NIOS experienced substantial declines of 21.85% and 45.89% respectively, reflecting challenges in retaining market share amidst fierce competition and changing consumer preferences. Toyota Glanza, with 4,319 units sold, recorded a commendable growth of 28.35% in March 2024, showcasing the brand’s resilience and consumer acceptance.

Maruti Celerio and Ignis, with 3,478 and 2,788 units respectively, faced declines of 25.14% and marginal growth of 1.01%. Additionally, Maruti S-Presso witnessed a slight increase of 2.21%, with 2,497 units sold in March 2024. Renault Kwid experienced a decline of 27.67%, with 928 units sold compared to 1,283 units in March 2023. MG Comet EV garnered attention with 875 units sold, securing a 0.92% market share. Citroen eC3 EV and C3 faced