Maruti Baleno Most Sought After Premium Hatchback, Hyundai Elite i20 Second In June 2019 Sales
The segment, on the whole, has seen a decline of 5 per cent compared to May 2019
Baleno on top, despite an almost 10 per cent MoM drop in market share.
Elite i20 witnessed an MoM growth of more than 3 per cent.
Polo sales down by more than 2 per cent compared to May 2019.
WR-V sales down by more than 16 per cent.
Last month, the premium hatchback and crossover space got a new entrant in the form of the Toyota Glanza. Based on the Maruti Suzuki Baleno, it can be hard to tell the Glanza apart from the former. However, the trick up its sleeve is the mild-hybrid variant, which is priced lower than that of the Baleno. But how has that affected sales in the premium hatchback and crossover space?
|Premium hatchbacks and crosshatches|
|June 2019||May 2019||MoM Growth||Market share current(%)||Market share (% last year)||YoY mkt share (%)||Average sales (6 months)|
|Maruti Suzuki Baleno||13689||15176||-9.79||48.41||56.59||-8.18||16163|
|Hyundai Elite i20||9271||8958||3.49||32.78||31.11||1.67||10860|
Maruti Suzuki Baleno: Despite seeing an almost 10 per cent drop in it MoM growth, the Baleno still commands almost 50 per cent of the market share. The Maruti hatchback still comfortably sits at the top of the table.
Hyundai Elite i20: The Elite i20 saw its MoM demand go up by more than 3 per cent, registering a sale of more than 9000 units in June 2019. The Elite i20 commands more than 32 per cent of the market share.
Toyota Glanza: Toyota’s sold almost 2000 units of the Glanza in June 2019. The new entry in the segment commands almost 7 per cent of the market share.
Volkswagen Polo: The Polo’s monthly sales continues to hover around the 1500 units mark and the German hatchback commands more than 5 per cent of the market share.
Honda WR-V: Honda’s WR-V saw its MoM growth go down by more than 16 per cent. Honda sold more than 1200 units of the crossover in June. It commands a market share of more than 4 per cent.
Honda Jazz: The Jazz managed to register a MoM growth of less than 1 per cent compared to May. Overall, the Jazz commands a market share of over 2 per cent.
Total: On a whole the segment saw a decline of more than 5 per cent, compared to May 2019.