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Segment-Wise Mar 2023 Sales Analysis - YoY, MoM Change, 6-Month Trend

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

In this March 2023 cars sale analysis article, we’ll look at the segment-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. 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.

Segment-Wise Mar 2023 Sales Analysis

Segment-Wise March 2023 Car Sales - YoY Change

  • In terms of YoY change, the C-segment was the biggest gainer, posting a YoY growth of 24%
  • The C-segment was followed by the D2-segment, with a YoY growth of 16.22% in March 2023
  • The D1-segment witnessed a YoY growth of 10.43% in our March 2023 comparison analysis
  • A and B1-segments reported a decline in YoY comparison in March. A-segment reported a drop of 18.29% in March whereas B1-segment reported a decline of 2.63% on the YoY comparison

SEGMENT-WISE MARCH 2023 CAR SALES

YOY CHANGE

S.No.

Segment

Mar 2023

Mar 2022

Change

% Change

Trend

1

A

29,506

36,109

-6,603

-18.29%

2

B1

65,188

66,946

-1,758

-2.63%

3

B2

1,34,480

1,27,662

6,818

5.34%

4

C

61,698

49,769

11,929

23.97%

5

D1

40,904

37,041

3,863

10.43%

6

D2

4,472

3,848

624

16.22%

Segment-Wise March 2023 Car Sales - MoM Change

  • In terms of MoM comparison for the month of March, all segments, except C and D1-segment, witnessed a decrease in their sales figures in comparison to sales in February
  • D1-segment reported an MoM increase of 34.85% and C-segment cars reported a 22.12% growth.
  • The A-segment reported a MoM decline of 25.19% and was the top losing segment in March MoM comparison
  • The B-segment reported an average decline of 4.62%

SEGMENT-WISE MARCH 2023 CAR SALES

MOM CHANGE

S.No.

Segment

Mar 2023

Feb 2023

Change

% Change

Trend

1

A

29,506

39,443

-9,937

-25.19%

2

B1

65,188

68,311

-3,123

-4.57%

3

B2

1,34,480

1,41,061

-6,581

-4.67%

4

C

61,698

50,522

11,176

22.12%

5

D1

40,904

30,332

10,572

34.85%

6

D2

4,472

4,576

-104

-2.27%

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

SEGMENT-WISE 6 MONTH SALES TREND

OCT 2022 - FEB 2023

Segment

Oct 2022

Nov 2022

Dec 2022

Jan 2023

Feb 2023

Mar 2023

6 Month Avg

A

39,987

29,414

23,263

40,632

39,443

29,506

33,708

B1

66,943

60,151

52,462

72,546

68,311

65,188

64,267

B2

1,29,873

1,36,238

1,14,024

1,33,203

1,41,061

1,34,480

1,31,480

C

63,516

63,651

59,826

62,962

50,522

61,698

60,363

D1

32,590

29,351

23,242

31,139

30,332

40,904

31,260

D2

3,320

3,265

2,313

5,323

4,576

4,472

3,878

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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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