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Brand-Wise February 2023 Car Sales Analysis - MoM, YoY Change

February 2023 Car Sales Analysis - Brand-Wise YoY, MoM Change, 6-Month Trend | V3Cars

In this February 2023 car sales analysis article, we’ll look at the manufacturer-wise sales figures along with the YoY and MoM change for each carmaker in India. We’ll also include our observations based on the sales data and possible reasons behind a massive increase or drop in sales where applicable. Lastly, the table with monthly sales for the last 6 months will give you an idea about the 6-month sales trend of car sales for all manufacturers.

Brand-Wise February 2023

Brand-Wise February 2023 Car Sales - YoY Change

  • In terms of percentage, Citroen posted the best YoY improvement of about 456% because of the low numbers in February 2022. It is worth noting that Citroen is not yet a high volume manufacturer in India.
  • Among the high volume carmakers, Toyota posted the best growth in February YoY comparison, with a 74% rise in sales.
  • Kia posted the second best YoY growth of around 36%.
  • The biggest losers were Jeep and Skoda with 29.51% and 24% decline, respectively, in YoY dispatch numbers in February.
  • Honda sales dropped by about 25% in January YoY comparison but reported a 6.62% growth trend in February YoY comparison.

BRAND-WISE FEBRUARY 2023 CAR SALES

YOY CHANGE

Brand

Feb 2023

Feb 2022

Change

% Change

Trend

Citroen

328

59

269

455.93%

Datsun

0

239

-239

-100%

Honda

6,086

7,187

-1,101

-15.32%

Hyundai

46,968

44,050

2,918

6.62%

Jeep

719

1,020

-301

-29.51%

Kia

24,600

18,121

6,479

35.75%

Mahindra

30,221

27,563

2,658

9.64%

Maruti Suzuki

1,47,467

1,33,948

13,519

10.09%

MG

4,193

4,528

-335

-7.4%

Nissan

2,184

2,217

-33

-1.49%

Renault

6,616

6,568

48

0.73%

Skoda

3,418

4,503

-1,085

-24.1%

Tata

42,865

39,980

2,885

7.22%

Toyota

15,267

8,745

6,522

74.58%

Volkswagen

3,313

4,028

-715

-17.75%

Brand-Wise February 2023 Car Sales - MoM Change

  • Citroen was the top losing brand in MoM comparison for February with a 59% decline in numbers
  • Citroen was Nissan and Honda with 22% decline in sales numbers in February
  • Reanult was the top gaining brand with a 120% growth in MoM dispatches in February compared to January
  • Reanult was followed by Toyota with a 20% growth in dispatches in February over January

BRAND-WISE FEBRUARY 2023 CAR SALES

MoM CHANGE

Brand

Feb 2023

Jan 2023

Change

% Change

Trend

Citroen

328

804

-476

-59.2%

Honda

6,086

7,821

-1,735

-22.18%

Hyundai

46,968

50,106

-3,138

-6.26%

Jeep

719

685

34

4.96%

Kia

24,600

28,634

-4,034

-14.09%

Mahindra

30,221

33,040

-2,819

-8.53%

Maruti Suzuki

1,47,467

1,47,348

119

0.08%

MG

4,193

4,114

79

1.92%

Nissan

2,184

2,803

-619

-22.08%

Renault

6,616

3,008

3,608

119.95%

Skoda

3,418

3,818

-400

-10.48%

Tata

42,865

47,990

-5,125

-10.68%

Toyota

15,267

12,728

2,539

19.95%

Volkswagen

3,313

2,906

407

14.01%

Car Brands — 6-Month Brand Sales Trend (Sept 2022 - Feb 2023)

BRAND-WISE 6 MONTH SALES TREND

SEPT 2022 - FEB 2023

BRAND

Sep 2022

Oct 2022

Nov 2022

Dec 2022

Jan 2023

Feb 2023

6 Month Avg

Citroen

1,386

1,195

825

932

804

328

912

Honda

8,714

9,543

7,051

7,062

7,821

6,086

7,713

Hyundai

49,700

48,001

48,002

38,831

50,106

46,968

46,935

Jeep

1,116

1,136

894

769

685

719

887

Kia

25,857

23,323

24,025

15,184

28,634

24,600

23,604

Mahindra

34,010

32,226

30,266

28,333

33,040

30,221

31,349

Maruti Suzuki

1,48,380

1,40,337

1,32,395

1,12,010

1,47,348

1,47,467

1,37,990

MG

3,808

4,367

4,079

3,899

4,114

4,193

4,077

Nissan

3,177

3,061

2,400

2,020

2,803

2,184

2,608

Renault

7,623

7,778

6,325

6,126

3,008

6,616

6,246

Skoda

3,543

3,389

4,433

4,789

3,818

3,418

3,898

Tata

47,655

45,220

46,040

40,045

47,990

42,865

44,969

Toyota

15,378

13,143

11,765

10,421

12,728

15,267

13,117

Volkswagen

4,103

3,510

3,570

4,709

2,906

3,313

3,685

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ABOUT THE AUTHOR

Prathu Sharma

Engineer by upbringing, artist by passion, motorhead because ,why not! Likes to know about everything related to technology, switches between american muscle and german innovation depending on the day. Wants to own 69' Mustang Mach 1 and to drive BMW M3 87'someday.

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