Mahindra XUV700 , Scorpio/N , Hector ruled the market in January 2023 leaving Tata Safari and Harrier behind
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Earlier in January we informed you about the outstanding demand for Mahindra Scorpio in the market as it sales increased with huge numbers . According to a report by RushLane Mahindra Scorpio/N has managed to post an incredible YoY and MoM growth in January 2023 followed by XUV700 , Hector leaving behind Tata Safari and Harrier in terms of sale .
RushLane has posted on their twitter account the sales growth of the famous cars in January 2023 . Further with the follow up threads they explained about the sales report in detail .
Sales in Brief – January 2023 – XUV700, Scorpio, Hector
🚙📈💸Mahindra Scorpio, XUV700, and Hector posted impressive YoY and MoM growth, while Tata Safari and Harrier experienced a decline in sales. What's going on in the SUV market? Let's take a closer look in this thread.
1/7 pic.twitter.com/IfY7hnfaBa— RushLane (@rushlane) February 16, 2023
According to the report the total January 2023 sales of Mahindra’s Scorpion / N &XUV700 , Tata Safari & Harrier along with MG Hector & Hector Plus was 19.547 units which was greater than January 2022 total sales of 13,449 .
Among the total units sold Mahindra Scorpio/N was ruling over the market as it’s sales saw a YoY growth of 188% with total units sold in January 2023 being 8,715 . Last year in January the total sales was 3,026 units which means there was a difference of almost 5,689 units if we take a look at current sales . If we see the MoM growth of Mahindra Scorpio/N in December 2022 7,003 units were sold which means the MoM growth was 24.45% . The current market percent share is 44.58 which also came up from 39.27% in December 2022.
After Mahindra Scorpio/N , XUV700 sales also saw a YoY growth of 40.50 percent with 5,787 units sold in January 2023 Â up from 4,119 units sold in January 2022. The MoM basis was also increased by 2.92% as in December 2022 total 5,623 units were sold . Though XUV7OO sales increased , but market share saw a decline to 29.61% from 31.53% in December 2022 .
MG Hector and Hector Plus sales increased YoY and MoM basis by 19.72% and 54.98% . Total units sold in January 2023 was 2,441 , up from 2039 units in January 2022 and 1,575 units in December 2022 . The market share also increased to 12.49% from 8.83% in December 2022 .
On one side January 2023 has been fruitful for Scorpio/N , XUV700 , Hector and Hector Plus , it has not been a good month for Tata Harrier and Safari as their sales declined in January 2023 . Total sales of these two models declined to 2604 units from 4265 units in January 2022 and 3630 units in December 2022 . Sales of these models got down by 38.94% YoY and 28.26% MoM . Not only the sales but market share of these models also decreased to 13.32% from 20.36% in December 2022 .
Earlier Tata Safari and Harrier were the to sellers in the SUV segment but after the launch of Mahindra XUV700 and new Scorpio N , the Mahindra SUVs seem to dominate the market with their increasing demand and sales .