One would think sedans are a great choice when it comes to not compromising on space. But ongoing market slowdown, has sent all consideration of space flying out of the window. The segment has more than halved in sales volume, and doesn’t look anything like its former glorious self.
In what was a more competitive segment, the industry is now seeing manufacturers grappling for every additional sale. So much so, that the top three segment sellers in August 2019 have a difference of 4 units between them.
Hyundai Verna sales are reported at 1,597 units, down 52.48 percent from 3,361 units sold in August 2018. MoM sales decline is at 15.50 percent, down from 1,890 units sold the month earlier. This is that rare occasion when Verna tops the chart.
Maruti Suzuki Ciaz the usually popular winner has found no favour whatsoever in the market having dropped 77.21 sales volume. Sales is down to 1,596 units from 7,002 units sold in August 2018. It trails Verna by a single unit. MoM sales decline stands at 33.42 percent, down from 2,397 units sold in August 2018.
Honda City sales is down 42.90 percent at 1,593 units, dropping from 2,790 units sold in Aug ’18. MoM sales decline is at 17.07 percent, down from 1,921 units sold the month earlier.
Skoda Rapid sales decline is at a mere 3.18 percent compared to others’ crumbling contractions. Sales is down to 791 units from 817 units sold in Aug ‘18. MoM sales growth stood at 11.88 percent, up from 707 units sold in July 2019.
Volkswagen Vento sales decline is reported at 47.79 percent. Down to 283 units from 542 units sold a year earlier. MoM sales is down 24.33 percent from 374 units in July of 2019.
Toyota Yaris sales is down to 215 units. Sales decline is reported at 79.47 units, down from 1,047 units sold in Aug ’18. MoM sales is up 321.57 percent. The looks phenomenal on account of a low base of 51 units. The company has now introduced a new Toyota Yaris variant to introduce a lower entry price point.
Nissan Sunny sales decline is reported at 61.15 percent. Sales is down to 61 units from 157 units sold a year earlier. MoM sales decline stands at 17.57 percent, down from 74 units sold a month earlier.
Fiat Linea is as good as non-existence. Sales has been regrettable at 2 units in July 2019, and 4 units in August 2019. Sales decline is reported at 80.95 percent from an equally depressing 21 units sold in August 2019.
In all the segment has lost 60.98 percent in volume. Total units are down to 6,140 from 15,737 units sold in August 2018. MoM sales decline is reported at 17.21 percent, down from 7,416 units sold in July 2019.