The Tata Nexon has been one of India’s best-selling compact SUVs, known for its 5-star safety rating, modern design, and feature-packed variants. Since its launch in 2017, the Nexon has experienced consistent growth, becoming Tata Motors’ top-selling SUV. However, in 2024, sales declined by 5.1%, marking the first drop in recent years.
Increased Competition: New rivals like the Maruti Brezza, Hyundai Venue, Kia Sonet, and Mahindra XUV300 have intensified competition in the segment.
Facelift Transition Period: The Nexon facelift launched in September 2023, causing a temporary dip in sales as buyers waited for the updated model.
Growing EV Demand: With the Nexon EV gaining popularity, some buyers may have switched from ICE models to electric, affecting petrol/diesel sales.
Pricing Strategy & Feature Updates: The price hike post-facelift and changing customer preferences towards feature-loaded SUVs may have impacted demand.
Launched in September 2023, featuring:
The Tata Nexon has remained a segment leader despite a 5.1% drop in sales in 2024. The facelift update, rise of EV models, and growing competition contributed to the decline. However, with strong brand value, continuous upgrades, and new electric variants on the horizon, the Nexon is expected to maintain its dominance in the Indian SUV market.