The small SUV segment is currently one of the most talked-about and is outselling larger SUVs in terms of sales volume.
Explorer
GST Cuts Fuel SUV Boom As Nexon, Venue, And Punch Sales Surge
Post GST cuts, the sales of some of the sub 4m SUVs have soared and as per the January sales data, the Nexon sold 23,000 units plus while maintaining its strong sales.
The Nexon in its current avatar sells in multiple powertrain options plus at different price points which further helps.
Source : Somnath Chatterjee
- Sub-4m SUVs now lead sales, surpassing larger segments post-GST cuts.
- Tata Nexon and facelifted Punch show strong sales momentum.
- Hyundai Venue achieves record sales with new generation.
The small SUV is now suddenly one of the most talked about segments while overtaking the 4m plus segment in terms of sheer sales. Post GST cuts, the sales of some of the sub 4m SUVs have soared and as per the January sales data, the Nexon sold 23,000 units plus while maintaining its strong sales. The Nexon continues to be the best selling Tata Motors car but also has helped Tata Motors to gain a strong grip on the second position. The Nexon in its current avatar sells in multiple powertrain options plus at different price points which further helps.
The other new Tata SUV is the facelift Punch which was launched recently and it has gotten to a strong start at 19000 units plus. The new Punch with the sharper styling, new turbo petrol and CNG automatic means sales have taken off. The updated Punch immediately sold a strong number of units while it remains to be seen if the turbo petrol is well accepted while it adds to the total sales tally.
Hyundai Venue Joins the Momentum
While Tata Motors is seeing huge sales as customers flock to buy sub 4m SUVs, Hyundai has also seen its highest ever sales for the Venue. The Venue has always been in the shadow of its bigger sibling Creta but now has registered a sale of 12,000 units plus which is higher than the earlier version. The Venue in its new generation has a new styling theme plus a more premium cabin while it continues to offer diesel plus petrol powertrains.
With GST cuts fuelling small SUV sales this would be the most popular segment in the Indian automobile space.
Before You Go
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Frequently Asked Questions
What is the current trend in the SUV market?
How have GST cuts impacted sub-4m SUV sales?
GST cuts have significantly boosted sales for some sub-4m SUVs, leading to soaring sales figures in the segment.
What are the recent sales successes for Tata Motors?
The Nexon is Tata Motors' best-selling car, with over 23,000 units sold, and the facelifted Punch has also started strong with over 19,000 units sold.
What has contributed to the Hyundai Venue's recent sales momentum?
The new generation Hyundai Venue, with its updated styling, premium cabin, and continued diesel/petrol options, has achieved its highest ever sales.
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