Hot selling hatchbacks redi-GO, Kwid sales hit a speed bump in September
While redi-GO saw an 18.9% decline in sales growth during the month, Kwid saw a smaller 1.5% decline.
The recently launched hot selling A segment cars, Datsun redi-GO and Renault Kwid, seem to have hit a speed bump in the month of September.
While redi-GO saw an 18.9% decline in sales growth during the month, Kwid saw a smaller 1.5% decline.
Priced between Rs 2.5 lakh to Rs 3.5 lakh, Datsun launched redi-GO in May this year. Renault launched Kwid in October last year and priced it between Rs 2.57 lakh to Rs 3.5 lakh with a new 1-litre variant launched in August 2016.
The A segment includes hatchback cars priced below Rs 3.5 lakh.
Redi-GO's sales dipped to 2,598 units in September from 3,205 units in August. Its sales grew to 2,925 units in June from 576 units in May. It's sales further grew by 34.7% to 3,940 units in July.
However, sales started to decline since then. In August, it declined by 23% to 3,205 units and further declined by 23.3% to 2,598 units.
Kwid had seen a massive growth of 69% in sales in the month June.
While Renault sold 5,600 units in May, sales grew to 9,459 units in June. The sales, from there on, have been growing steadily.
In July, it increased to 9,897 units and by 8.3% to 10,719 units in August.
However, the sales of Kwid slipped in September by 1.5% to 10,558 units.
The A segment of cars, however, has seen a massive growth of 64% in September 2016 from the corresponding quarter last year.
The A segment sales rose to 46,020 units from 28,061 units in the same quarter last year. Month-on-month too the segment saw a 16.3% growth in sales September from the previous month.
This was on the back of robust sales from Maruti Suzuki's Alto with 32.7% month on month growth and Hyundai Eon's 12.9% growth in sales in September. Col
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