As usual, Maruti Suzuki swept the top-5 spots for new cars, with its Swift, Baleno, WagonR, and Alto receiving very high demand, while the popular Dzire compact sedan came in 5th. Demand for the new Hyundai Creta is very strong, despite the fact that its a far more expensive vehicle than the top-5 cars in November.
November was a big month for new car sales in the 2020 calendar year, as new car registrations legitimately managed to post positive results despite the current market conditions. People opened up their wallets for their annual spending spree. Given the fact that a wave of new and desirable compact SUVs have hit the market and that people now feel the heightened need for private transport due to the pandemic, new passenger vehicle registrations increased by 4.17% in November 2020 on a Year-over-Year basis over the corresponding period last year.
So, let’s take a closer look at which cars people preferred the most to suit their varied needs and why. And just for reference, here’s a comparison between new car sales in November 2020 and October 2020.
|Make||Model||Sales - Nov 20||Y-o-Y||Sales October 20||Sales Difference (Nov-Oct)|
|Maruti Suzuki||Alto 800||15,321||+1.6%||17,850||-2,529|
Now, the reason the numbers for October are higher because India still has no way of accurately recording sales figures for new cars. The table above is reflective of factory dispatch numbers in October and November. So, as we can see that more cars left factories for their new owners in October as compared to November, probably, because people booked their cars for a festive-time delivery in November. The Federation of Automobile Dealers Associations (FADA) vehicle registration growth figure, however, is more accurate for gauging new car sales, as it takes new vehicle registration into account. This is how the above mentioned 4.17% sales growth figure has been achieved in November 2020.
You can read the full November automotive industry sales report here - Vehicle registrations down by 19.29% in November
Also read - Car Sales Report: November 2020