November 2023 Car Sales Analysis – 20 Top-Selling Cars | V3Cars
In this November 2023 cars sales analysis article, we’ll look at the YoY and MoM change for the 20 top-selling cars of November 2023. Using this data, we will also provide our observations and insights on the reasons for significant improvements or declines in sales, where relevant.
November 2023 - 20 Top-Selling Cars YoY Change
- Top Gainers:
- Mahindra Scorpio N + Classic: Scorpio N + Classic stands out as the top gainer with an impressive YoY increase of 88.77% amongst the mass-market cars in the list of top selling 20 cars in November. The significant surge in sales indicates strong consumer demand for this model.
- Toyota Innova Crysta/HyCross: The Innova Crysta/HyCross records a substantial YoY growth of 241.23%, making it one of the top gainers.
- Grand Vitara: Grand Vitara shows a YoY increase of 79.04%, indicating a steady rise in popularity.
- Top Losers:
- Maruti Suzuki Alto K10: Alto K10 records a substantial YoY decline of 48.44%. The model was the top loser on the list.
- Maruti Nexa Baleno: Baleno experiences a significant YoY decline of 38.12%, signaling challenges in its market position. This decrease might be influenced by increased competition or shifts in consumer preferences within the segment.
- Hyundai Creta: Creta faces a YoY decrease of 11.31%. While still popular, the model might be experiencing challenges or facing intensified competition in the compact SUV segment, which is expected to improve after the launch of Creta facelift.
- Other Observations:
- Consistent Performers: WagonR, Dzire, and Swift maintain their positions as top-sellers, showcasing consistency in consumer demand for these models.
- SUV Popularity: SUVs like Scorpio N + Classic, Creta, Seltos, and XUV700 continue to be popular, reflecting the ongoing trend of consumer preference for SUVs.
- Entry of New Models: Fronx and Exter make their entry into the top-selling list, indicating potential success and acceptance in the market.
- Diverse Brand Presence: Brands like Maruti Suzuki, Tata, Mahindra, Hyundai, Kia, and Toyota demonstrate a diverse presence in the top 20, highlighting the competitiveness of the market.
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Nov 2023 - 20 Top-Selling Cars MoM Change
- Top Gainers:
- Maruti Suzuki Dzire: Dzire emerges as the top gainer with a significant MoM increase of 8.61%.
- Hyundai Exter: Exter experiences a MoM growth of 2.82%, indicating a gradual increase in popularity. This suggests that the model is gaining traction in the market.
- Top Losers:
- Maruti Suzuki Alto K10: WagonR records the highest MoM decline of 27.89%.
- Maruti Suzuki Swift: Swift not only gains in YoY performance but also experiences a significant MoM decrease of 25.67%. This suggests a notable shift in demand or market conditions within a short period.
- Maruti Suzuki WagonR: WagonR faces a substantial MoM decline of 24.97%.
- Other Observations:
- Segment Variances: Different models within the top 20 exhibit varying degrees of change, showcasing the diverse nature of the automotive market.
- Impact of Seasonal Factors: Several models experience a decline in sales, which could be attributed to seasonal factors or short-term market fluctuations.
- Consistency in Ranking: Some models, like WagonR, Dzire, and Swift, maintain their positions in the top-selling list, highlighting their consistent popularity despite monthly fluctuations.
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Note: If You Want to Buy a New Car, Calculate Car Loan EMI with V3Cars
Top 20 Sellings Cars— 6-Month Sales Trend (Jun 2023 - Nov 2023)
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Note: Calculate Car Fuel Cost with V3Cars for India and Other Countries
0 Comments
Maruti Suzuki Cars in India
Alto K10
₹3.99 - ₹5.96 lakh*
*Ex-showroom priceS-Presso
₹4.27 - ₹6.12 lakh*
*Ex-showroom priceBrezza
₹8.34 - ₹13.98 lakh*
*Ex-showroom priceErtiga
₹8.69 - ₹13.03 lakh*
*Ex-showroom priceWagon R
₹5.55 - ₹7.26 lakh*
*Ex-showroom priceCelerio
₹5.37 - ₹7.10 lakh*
*Ex-showroom priceDzire
₹6.57 - ₹9.39 lakh*
*Ex-showroom priceEeco
₹5.29 - ₹8.32 lakh*
*Ex-showroom priceSwift
₹5.99 - ₹8.89 lakh*
*Ex-showroom priceUpcoming Maruti Suzuki Cars
Swift 2024
₹6.35 - ₹11.30 lakh*
*Expected PriceExpected Launch May 2024
Brezza Matte
₹8.00 - ₹14.00 lakh*
*Expected PriceExpected Launch Oct 2024
Swift Hybrid
₹10.00 - ₹13.00 lakh*
*Expected PriceExpected Launch Feb 2025
WagonR Flex
₹6.00 - ₹8.00 lakh*
*Expected PriceExpected Launch Apr 2025
Solio
₹5.50 - ₹7.50 lakh*
*Expected PriceExpected Launch Jun 2025
Dzire 2025
₹6.50 - ₹10.50 lakh*
*Expected PriceExpected Launch Jul 2025
WagonR EV
₹10.00 - ₹13.00 lakh*
*Expected PriceExpected Launch Oct 2025
XL5
₹8.00 - ₹12.00 lakh*
*Expected PriceExpected Launch Nov 2025
Hustler EV
₹10.00 - ₹13.00 lakh*
*Expected PriceExpected Launch Oct 2027
Alto-Sized EV
₹10.00 - ₹14.00 lakh*
*Expected PriceExpected Launch Sep 2028
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