Last month witnessed shifting patterns within the various segments in the Indian automotive industry. Cars and their manufacturers that were perched on different rungs of the ladder saw their positions being rearranged. One of the prime examples of this was the difference between the sales performance of two of the most popular mid-size sedans in the country – the Hyundai Verna and the Honda City. Since time immemorial, these two sedans have been the go-to choices for a lot of buyers.
While the Hyundai Verna and Honda City are archrivals, their sales numbers are seldom the same. Before the arrival of the new fifth-generation model from Honda, the tug-of-war between the old City and Verna would often end in a tie. However, when the new Honda City came into the picture, it did so while still having the backing of its fourth-generation avatar. This obviously helped Honda India hold a bigger piece of the pie each month. But May 2021 was a tough month for many automakers, and Hyundai and Honda had it no different.
However, last month’s numbers certainly preferred the Korean major over its Japanese counterpart. Where the Honda City sold 1,148 units in May 2021, Hyundai Verna managed a total of 1,181 units. While the difference between the two sedans may only be that of 33 units, this still goes to show that the tables can always turn.
Of course, when compared to their sales performance two months back, last month saw a big decline in overall numbers. To put things into perspective, Honda sold a total of 3,128 units of the City in India and Hyundai a total of 2,552 units of the Verna in April 2021.
In terms of its pricing, the fifth-generation Honda City costs between Rs 11.00 Lakh and Rs 14.95 Lakh (ex-showroom, Delhi). As for the fourth-generation City, it wears a slightly cheaper price tag of between Rs 9.30 Lakh and Rs 10.00 Lakh (ex-showroom, Delhi).
When it comes to the Hyundai Verna, it costs from Rs 9.19 Lakh to Rs 15.25 Lakh (ex-showroom, Delhi). While their overall sales numbers were down month-over-month (April vs. May), both the Hyundai Verna and Honda City easily outsold their German rivals. The sales figure of the Skoda Rapid in May 2021 was 603 units, while that of the Volkswagen Vento was 169 units.
As the whole country slowly emerges out of the lockdown, automakers stand to gain some additional market share in June 2021. However, with the shortage of semiconductors still a looming threat for the industry, it will be a while before companies can actually heave a sigh of relief. Thankfully, car sales have been relatively strong, considering the overall market situation.