January 2024 Maruti Suzuki, Nexa Car Sales Analysis – YoY, MoM Change, 6-Month Trend | V3Cars

January 2024 - Maruti Suzuki Arena & Nexa Car Sales Figures - YoY Change

• Top Gainers:

  • Dzire: The Dzire sedan witnessed a remarkable YoY growth of 48.21%, with sales increasing from 11,317 units in January 2024 to 16,773 units in January 2024.
  • Ertiga: The Ertiga MPV also performed exceptionally well, showing a YoY growth of 50.07%, with sales rising from 9,750 units to 14,632 units.
  • Grand Vitara: The Grand Vitara SUV experienced significant growth, with sales climbing by 55.14%, from 8,662 units to 13,438 units.

• Top Losers:

  • Alto K10: The Alto K10 hatchback faced a substantial decline, with sales plummeting by 42.11%, from 21,411 units to 12,395 units.
  • Ignis: The Ignis hatchback saw a sharp decrease, with sales dropping by 55.53%, from 5,842 units to 2,598 units.
  • S-Presso: The S-Presso SUV also experienced a decline, with sales decreasing by 14.40%, from 4,035 units to 3,454 units.

• Other Observations:

  • Baleno remained the top-selling model, with consistent growth (20.01%) year-on-year.
  • WagonR faced a decline of 13.24%, selling 17,756 units in January 2024 compared to 20,466 units in January 2024.
  • Swift witnessed a minor decline of 6.51%, selling 15,370 units in January 2024.
  • Brezza showed a modest growth of 6.57%, selling 15,303 units.
  • XL6, a Nexa MPV, had a substantial YoY growth of 68.98%, selling 4,363 units.

• Notable Additions:

  • Fronx, Invicto, and Jimny are new models introduced in January 2024. While Fronx and Jimny fall under the SUV segment, Invicto belongs to the MPV category.
  • In summary, the Dzire, Ertiga, and Grand Vitara emerged as the top gainers, while the Alto K10 and Ignis faced significant declines.

Also Read: June 2023 - Maruti Nexa Jimny Petrol Variants Explained - Which One To Buy?

January 2024 - Maruti Suzuki Arena & Nexa Car Sales Figures - MoM Change

• Top Gainers:

  • Baleno: The Baleno hatchback witnessed substantial growth, with sales soaring by 83.99%, from 10,669 units in December 2023 to 19,630 units in January 2024.
  • WagonR: The WagonR hatchback also performed exceptionally well, showing a MoM growth of 106.99%, with sales rising from 8,578 units to 17,756 units.
  • Dzire: The Dzire sedan experienced a healthy increase, with sales growing by 19.70%, from 14,012 units to 16,773 units.

• Top Losers:

  • Ignis: The Ignis hatchback faced a decline, with sales dropping by 562.76%, from 392 units to 2,598 units.
  • Jimny: The Jimny SUV also saw a significant decrease, with sales declining by 77.67%, from 730 units to 163 units.
  • Ciaz: The Ciaz sedan had a notable decline, with sales decreasing by 25.77%, from 489 units to 363 units.

• Other Observations:

  • Alto K10 emerged as the highest-selling model, with a staggering 396.40% MoM growth, selling 12,395 units.
  • S-Presso showed remarkable growth, with sales increasing by 5656.67%, from 60 units to 3,454 units.
  • XL6 and Ertiga experienced moderate growth, with sales rising by 96.00% and 12.77%, respectively.
  • Invicto, a new MPV model, had a negligible decline of -1.20%.
  • Grand Vitara SUV sales surged significantly, with a 92.30% MoM growth, selling 13,438 units.

• Notable Additions:

  • Fronx, a new SUV model, entered the market with 13,643 units sold in January 2024.
  • In summary, the Baleno, WagonR, and Dzire emerged as the top gainers, while the Ignis, Jimny, and Ciaz faced significant declines.

Also read: June 2023 - Maruti Nexa Baleno Petrol, CNG Variants Explained - Which One To Buy? 

Maruti Suzuki Arena & Nexa — 6-Month Sales Trend (Aug 2023 - Jan 2024)

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