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Bodystyle-Wise March 2023 Sales Analysis - YoY, MoM Change, 6-Month Trend

March 2023 Car Sales Analysis - Bodystyle-Wise YoY, MoM Change, 6-Month Trend | V3Cars

In this March 2023 cars sales analysis article, we’ll look at the bodystyle-wise sales figures along with the YoY and MoM change for each carmaker in India. Where applicable, 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 of all body styles for the last 6 months will give you an idea about their 6-month sales trend.

Bodystyle-Wise March 2023 Sales Analysis

Body-Wise March 2023 Car Sales - YoY Change

  • SUVs witnessed the biggest YoY growth of 20.35% in March 2023 compared to March 2022
  • The SUV was the best-selling bodystyle in India. It was closely followed by hatchbacks, which saw a 8.64% decline in sales in March 2023 compared to March 2022
  • MPVs saw a 5.72% growth in sales in March YoY comparison analysis
  • Sedans also saw a 4.33% decline in sales in March

BODY-WISE MARCH 2023 CAR SALES

YOY CHANGE

S.No.

Body Style

Mar 2023

Mar 2022

Change

% Change

Trend

1

Hatch

1,01,817

1,11,446

-9,629

-8.64%

2

Sedan

34,271

39,364

-5,093

-12.94%

3

SUV

1,59,548

1,32,320

27,228

20.58%

4

MPV

40,389

38,202

2,187

5.72%

5

Pickup

223

43

180

418.6%

Body-Wise March 2023 Car Sales - MoM Change

  • Hatchbacks were the top loser by reporting a 16% decline in MoM comparison to February sales figures
  • Hatchbacks were followed by sedans with a 3.15% drop in dispatches in March compared to February
  • Pickups are not a popular body-style among Indian buyers and it is evident from the numbers, although they saw substantial growth in MoM and YoY comparisons for March.
  • Among the winners, MPVs were the top gaining bodystyle with over 40,000 units sold in March, compared to almost 35,000 in February, witnessing a rise of just over 18% in monthly sales
  • SUVs reported a growth of 11.25% in MoM sales comparison

BODY-WISE MARCH 2023 CAR SALES 

MOM CHANGE

S.No.

Body Style

Mar 2023

Feb 2023

Change

% Change

Trend

1

Hatch

1,01,817

1,21,290

-19,473

-16.05%

2

Sedan

34,271

35,387

-1,116

-3.15%

3

SUV

1,59,548

1,43,413

16,135

11.25%

4

MPV

40,389

34,140

6,249

18.30%

5

Pickup

223

15

208

1386.67%

Body-Wise — 6-Month Sales Trend (Oct 2022 - Mar 2023)

BODY-WISE 6 MONTH SALES TREND

OCT 2022 - MAR 2023

Body-Type

Oct 2022

Nov 2022

Dec 2022

Jan 2023

Feb 2023

Mar 2023

6 Month Avg

Hatch

1,20,784

1,07,929

84,710

1,23,007

1,21,290

1,01,817

1,09,923

Sedan

36,100

36,697

33,669

31,737

35,387

34,271

34,644

SUV

1,44,412

1,41,754

1,24,795

1,54,707

1,43,413

1,59,548

1,44,772

MPV

34,858

35,653

31,951

36,353

34,140

40,389

35,557

Pickup

75

37

5

1

15

223

59

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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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