January 2023 Car Sales Analysis - 20 Top-Selling Cars | V3Cars
In this January 2023 cars sales analysis article, we’ll look at the YoY and MoM change for the 20 top-selling cars of January 2023. Based on the data, we’ll also share our observations and possible reasons for big improvement or massive decline in sales where applicable.
January 2023 - 20 Top-Selling Cars YoY Change
- Mahindra Scorpio reported the best growth, with a gain of 188% in terms of YoY comparison.
- The next best YoY performers in January 2023 were Mahindra Bolero and Maruti Baleno with around 140% gains, although about twice as many units of Baleno were dispatched in January than Bolero.
- The Alto pair was the best-selling car in India with over 21,000 units sold in the month of January.
- The top 10 best selling cars in January 2023 sold well over 10,000 units a month.
- Maruti’s Ertiga was the top loser in YoY comparison analysis for the month of January with near 18% decline in dispatches compared to January of 2022.
- About 9 out of 20 models on the top 20 bestselling list in January 2023 are from Maruti Suzuki.
- Hyundai has 4, Tata have 3 cars in the January 2023 YoY Top 20 performers list, while Kia and Mahindra just have 2.
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January 2023 - 20 Top-Selling Cars MoM Change
- The Alto pair was the top-performer in terms of MoM comparison analysis for the month of January with over 147% increase in dispatches as compared to December of 2023.
- The WagonR was the second best performer in the MoM comparison for the month of January, with a 101% growth in sales.
- Most cars in the top-selling cars’ list saw a MoM growth in dispatch numbers.
- Ertiga from Maruti Suzuki topped the list of MoM losers with a 20% decline in numbers.
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Top 20 Sellings Cars— 6-Month Sales Trend (Aug 2022 - Jan 2023)
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Maruti Suzuki Cars in India
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