February 2024 Hatchback Showdown: According to sources, today we are going to share all the details with you in this article. We’ll be discussing hatchback sales in February 2024, which includes numerous vehicles. We’ll delve into the specifics of these vehicles, examining the sales figures for January 2024 and the growth they’ve experienced. Stay with us until the end to uncover all the information shared in this article.
February 2024 Hatchback Showdown
Let’s turn our attention to the February 2024 Hatchback Sales after examining the February 2024 Sedan and SUV Sales. The hatchback market in India performed a variety of ways this month, with sales of a number of well-known models fluctuating when compared to the same time last year. In February 2024, a total of 98,788 hatchbacks were sold; this is a notable 18.77% decline from February 2023, when 121,614 vehicles were sold.
February 2024 Hatchback Showdown: Feb 2024 vs Feb 2023
In February 2024, the hatchback segment witnessed diverse performances among key models compared to the same period last year. The Maruti Swift, typically a top-selling hatchback, saw a notable decline in sales, with only 13,165 units sold compared to 18,412 units in February 2023.
Similarly, the Maruti Alto experienced a sales volume decrease of 35.28%. Hyundai Motor India Limited encountered mixed outcomes with its hatchback lineup. While the Hyundai i20 witnessed a significant sales drop of 44.75%, the Hyundai i10 NIOS faced an even steeper decline of 48.66% compared to February 2023. Tata Motors, however, demonstrated positive momentum with its hatchback offerings.
The Tata Altroz achieved a growth of 15.50%, selling 4,568 units in February 2024. Conversely, the Tata Tiago, including its electric variant, saw a marginal decline of 6.84%. Among other manufacturers, Toyota Glanza experienced modest growth of 8.48%, while Renault Kwid and Maruti Ignis reported substantial declines of 52.90% and 55.57%, respectively. Notably, the MG Comet EV recorded 920 units sold in February 2024.
February 2024 Hatchback Showdown Feb 2024 vs Jan 2024
Hatchback sales in February 2024 totaled 98,788 units, reflecting a 7.24% decrease from January 2024, which saw 106,493 units sold. The Maruti WagonR experienced a month-on-month (MoM) growth of 9.33%, selling 19,412 units in February 2024. Conversely, the Maruti Baleno witnessed a 10.76% MoM decline, with 17,517 units sold during the same period. Other Maruti models, such as the Swift and Alto, also saw declines in sales volume, signaling changing consumer preferences and market dynamics. The Swift recorded 13,165 units sold in February, marking a 14.35% MoM decrease, while the Alto experienced a 5.42% decline with 11,723 units sold.
Note : The details provided here are according to sources.
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FAQs
How did the Maruti Swift perform in terms of sales in February 2024 compared to the previous year?
The Maruti Swift witnessed a notable decline in sales, with only 13,165 units sold in February 2024 compared to 18,412 units in February 2023.
What was the sales volume decrease for the Maruti Alto in February 2024?
The Maruti Alto experienced a sales volume decrease of 35.28% in February 2024.
Which hatchback model showed positive growth in sales in February 2024?
The Tata Altroz achieved a growth of 15.50%, selling 4,568 units in February 2024.
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