Year End Passenger Vehicle Sales Analysis India - Dec 2020

2020 Year End Car Sales Report - Top Brand, SUVs, Hatchback, Sedan & MUVs in India

The Automotive industry halfway through the year depicts an impressive sequential growth in the 2020 sales report. After witnessing a major 18 month slow down in the industry combined with the coronavirus Pandemic, September started a positive trend. Most of the OEMs in India have reflected a positive sales trend with a double-digit sales growth around September.

September has witnessed massive growth in the 2020 sales report. This can be partially attributed to the preference for personal transport during the pandemic, pent-up demand, easing-up of supply chains, and excitement of new launches. This positive momentum is still being continued, as evident from December 2020 car statistics.

Federation of Automobile Dealers Associations (FADA) have just released the Vehicle Sales and registration data for December 2020. The report shows positive momentum of demand for most segments. The overall industry recorded a 11% growth over the same period last year, including two-wheelers, three-wheelers, commercial vehicles, Tractors and Passenger vehicles (PV). In the first quarter of 2021, Private Vehicles saw a sales growth of 23.99 %.

Top Car Brands in India  - 2020

Maruti Suzuki India Limited (MSIL) has retained its leading position in the sales board among the top car brands. The Brand saw a steep YoY sales growth of 31% (Domestic + Export) primarily on its entry-level mini segment models in September 2020 to 20.2% YoY growth in sales figures of December 2020. Figuring at a whopping 160,226 units of sales (Total domestic + Export) in December, the brand superseded the country’s major carmakers throughout the second half of the year, including:

• Hyundai at second Place with a sales figure of 47,400 units in December 2020 alone.

• TATA Motors holding third place with a sale of 23,546 units last month.

• Mahindra and Mahindra selling 16,050 units to secure the fourth position.

• KIA Motors in fifth position selling 11,818 units in December 2020 alone.

Top Five Bestselling Hatchbacks in India for December 2020.

The Indo-Japanese manufacturer Maruti Suzuki is ruling car statistics with four of its models in the list of top 5 Bestselling Hatchback private vehicles in India and is also expected to rule this segment in 2021. Maruti Suzuki Alto with 18,140 sold units has regained its position as the number one best-selling Hatchback in the country after a tough competition of four months with its own sibling ‘Swift’. The order is followed by Maruti’s other bestsellers, Baleno and Wagon R. Owning the Fifth place, comes the only Non-Maruti model the Hyundai Nios.

Top Five Bestselling Sedans in India for December 2020

Maruti Suzuki again tops the sales chart with its bestselling model the Swift Dzire, selling more than 13,000 units last month, which despite topping its segment has faced a 9% decline in its YoY report. In the second place comes the Honda Amaze, facing the heat of slowdown in the country has also seen a YoY decline in sales of almost 14%, selling 4,385 units in December 2020 compared to 5,077 units sold in December 2019. The highest growth among the top 5 in this segment is seen in the third-place where Hyundai Aura leads the growth race with 173% YoY growth and 3,113 units sold.

Top Five Bestselling SUVs in India for December 2020

Crossovers and SUVs are on a steadier pace, gaining popularity all over the world and the Indian Market is no exception. Hyundai Creta tops the sales chart among bestselling SUVs in India with 10,592 sold units in December 2020 alone and is also expected to continue the trend in the early stages of 2021. With KIA motor’s highly successful Seltos coming up in the second position with 5,608 sold units, followed by MG Hector, Mahindra Scorpio, and TATA Harrier as the third, fourth, and fifth bestsellers in the market respectively.

Top Five Bestselling MUVs in India for December 2020

The MUV or MPV segment includes fuel-efficient multi-utility private vehicles capable of carrying extra load and people. This segment in India is usually led by Maruti Suzuki’s Ertiga with winning car statistics and the last month has been no exception. Ertiga led the sales chart among bestselling MUVs with over 9,000 units sold last month resulting in YoY growth of 38%. In second place comes a very old contender of this list, the Mahindra Bolero with 5,427 units sold last month, following up Renault Triber with 4,971 sales in the third position, Maruti XL6 in fourth, and Toyota Innova Crysta in fifth places respectively.

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