October turned out to be quite encouraging for the auto sector, as most cars have managed to post positive MoM growth. Several cars have also been able to register positive YoY growth in October. This is good news for carmakers, especially considering the fact that prior to October sales have been falling continuously for three quarters.
Maruti Suzuki and Hyundai continue to be dominant players in Indian car market, grabbing all top 10 and 13 of top 15 slots among themselves. Maruti has 7 out of top 10 whereas Hyundai has 3 out of top 10 slots if we include Kia Seltos. In the top 15, Hyundai has six bestselling cars in the list. Other than Maruti and Hyundai, there’s only Mahindra Bolero (13th) and Tata Tiago (15th) in the top 15 bestselling cars in October.
Compact cars continue to dominate in volumes, grabbing 9 of the top 10 slots. At number one is Maruti Dzire with sales of 19,569 units. This translates into YoY and MoM growth of 12.44% and 24.95%, respectively. Next is Maruti Swift with sales of 19,409 units. This is positive growth of 12.74% YoY and 50.06% MoM. At number three is Maruti Alto with sales of 17,903 units. While YoY growth is negative at -19.28%, MoM sales have improved by 18.73%.
At number four, Maruti Baleno sold 16,237 units, translating into YoY loss of -12.97% and MoM growth of 42.18%. First Hyundai car in the list is i20, which comes in at number five with sales of 14,683 units. Both YoY and MoM sales are positive for i20 at 10.48% and 44.79%, respectively. WagonR is at number sixth with sales of 14,359 units. YoY and MoM sales growth is positive at 34.76% and 22.13%, respectively.
At number seven is new entrant Kia Seltos, with sales of 12,854 units. Seltos MoM sales have improved by an impressive 65.77%. At number eight, we have another newcomer, Maruti S-Presso, with sales of 10,634 units. S-Presso sales have more than doubled as compared to its sales in September.
Maruti Brezza occupies the ninth spot with sales of 10,227 units in October. Both YoY and MoM sales growth is negative at -35.40% and -1.30%, respectively. At number 10, Hyundai G i10 sold 9,873 units, which is YoY loss of -16.47%. However, MoM sales have more than doubled at 138.48%.
Among the remaining 40 cars, the ones with positive YoY growth include Mahindra Scorpio (4,628 units, 0.54% YoY), Ford EcoSport (4,326, 9.33%), VW Polo (1,744, 9.82%), Ford Figo (967, 1387.69%), VW Vento (729, 51.88%), and Ford Endeavour (700, 23.89%). Cars with negative MoM growth include Maruti Celerio (-11.38%), Toyota Glanza (-2.88%), Skoda Rapid (-0.12%), Datsun rediGo (-15.80%), and Toyota Liva (-8.66%).