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March 2023 Overall Car Sales Analysis - 6-Month Trend

March 2023 Cars Sales Analysis - Overall Snapshot With YoY, MoM Change | V3Cars

In this March 2023 detailed car sales analysis article, we’ll look at the YoY and MoM change in sales figures for each car and the YoY, MoM change each car witnessed in the same month.

March 2023 Full Sales Analysis

We’ll also include sales figures from the last 6 months to give you an idea about the 6-month trend of each car on sale in India and share our observations.

  • Speaking of consistent performers over the last 6 months, top five cars ranked by the average sales over the last 6 months are:
    • Maruti Suzuki Baleno   (B2-Hatch, 17,691)
    • Maruti Suzuki WagonR (B1-Hatch, 16,251)
    • Maruti Suzuki Swift       (B1-Hatch, 16,143)
    • Maruti Alto/Alto K10   (A-Hatch, 15,706)
    • Tata Nexon               (B2-SUV, 14,324)
  • As it is clear from the numbers, Maruti holds the biggest market share owing to its consistently good selling cars. 4 out of 5 cars with best average sales for 6 months are from Maruti Suzuki.
  • Tata has done something right with their B2-segment SUV, the Nexon, as it stands 5th out of 78 cars on sale in the Indian market currently.
  • Disregarding the numbers of low volume cars like Marazzo and Kona Electric, the recently launched Hyundai Verna 2023 was the clear winner in terms of YoY gains in March. It recorded a YoY growth of about 137%.
  • The 10 top-gainers in the market in the YoY comparison analysis are:
    • Hyundai Tucson           (433.03%)
    • Toyota Hilux   (418.60%)
    • Volkswagen Tiguan   (325.81%)
    • Skoda Kodiaq   (232.80%)
    • Hyundai Verna      (136.76%)
    • MG Hector/Hector Plus   (103.32%)
    • Tata Tiago   (84.06%)
    • MG ZS EV   (81.46%)
    • Mahindra Marazzo   (75.63%)
    • MG Gloster   (62.50%)
  • The top selling brand for the month of March 2023 was Maruti Suzuki, with over 1 lakh 32 thousand units sold, which is about 10% lower from the previous month.
  • The total sales of brands in the month of March in comparison to the total sales in January are as follows:

Brand

Mar 2023

Feb 2023

Change

%MoM

Maruti Suzuki

1,32,763

1,47,467

-14,704

-9.97

Hyundai

50,600

46,968

3,632

7.73

Tata

44,047

42,865

1,182

2.76

Mahindra

35,976

30,221

5,755

19.04

Kia

21,501

24,600

-3,099

-12.60

Toyota

18,582

15,267

3,315

21.71

Honda

6,692

6,086

606

9.96

MG

6,411

4,193

2,218

52.90

Renault

5,389

6,616

-1,227

-18.55

Skoda

4,432

3,418

1,014

29.67

Volkswagen

3,900

3,313

587

17.72

Nissan

3,260

2,184

1,076

49.27

Citroen

2,015

328

1,687

514.33

Jeep

680

719

-39

-5.42

Grand Total

3,36,248

3,34,245

2,003

 
  • Maruti’s supremacy over the Indian car market is such that Maruti would have to lose over 83,000 units in sales to match the second best-selling brand, Hyundai.
  • The Swift from Maruti Suzuki was the best-selling model in March, with over 17,691 units sold.
  • The manufacturer with the least units sold in March was Jeep, with just 680 units.
  • In the last 6-9 months, we’ve witnessed a lot of action in the Indian auto industry with a bunch of new car launches, generation updates and mid-life refreshes. We can expect a lot more to happen in 2023.

Brand

Car Model

Oct 2022

Nov 2022

Dec 2022

Jan 2023

Feb 2023

Mar 2023

YoY%

MoM%

AVG

Citroen

C3

1,180

804

913

788

111

1,075

-

868.47

812

EC3

-

-

-

-

213

888

-

316.90

551

C5 Aircross

15

21

19

16

4

52

0.00

1,200.00

21

Honda

Amaze

5,443

3,890

3,614

5,580

4,123

3,996

33.73

-3.08

4,441

City

3,250

2,711

3,086

2,058

1,963

2,693

-16.50

37.19

2,627

WR-V

653

430

359

183

0

3

-98.80

-

271

Jazz

197

20

3

0

0

-

-

-

55

Hyundai

Creta

11,880

13,321

10,205

15,037

10,421

14,026

33.18

34.59

12,482

Venue

9,585

10,738

8,285

10,738

9,997

10,024

8.72

0.27

9,895

Grand i10 Nios

8,855

7,961

8,340

8,760

9,635

9,304

-3.95

-3.44

8,809

i20

7,814

7,236

4,697

8,185

9,287

6,596

40.55

-28.98

7,303

Xcent + Aura

4,248

3,813

4,156

4,634

5,524

3,774

-0.03

-31.68

4,358

Alcazar

2,847

2,566

1,478

1,537

1,559

2,519

0.68

61.58

2,084

Verna

2,179

2,025

1,538

995

47

3,755

136.76

7,889.36

1,757

Tucson

487

247

12

180

498

581

433.03

16.67

334

Kona

106

95

120

40

0

0

-

-

60

Ioniq 5

-

-

-

-

-

21

-

-

21

Jeep

Compass

732

550

484

485

406

395

-68.97

-2.71

509

Meridian

404

344

285

200

313

285

-

-8.95

305

Kia

Seltos

9,777

9,284

5,995

10,470

8,012

6,554

-22.12

-18.20

8,349

Sonet

7,614

7,834

5,772

9,261

9,836

8,677

26.28

-11.78

8,166

Carens

5,479

6,360

3,195

7,900

6,248

6,102

-12.93

-2.34

5,881

Carnival

301

419

88

1,003

504

168

-48.78

-66.67

414

EV6

152

128

134

0

0

0

-

-

69

Mahindra

Bolero

8,772

7,984

7,311

8,574

9,782

9,546

37.87

-2.41

8,662

Scorpio

7,438

6,455

7,003

8,715

6,950

8,788

44.99

26.45

7,558

XUV700

5,815

5,701

5,623

5,787

4,505

5,107

-15.45

13.36

5,423

XUV300

6,282

5,903

4,850

5,390

3,809

5,128

23.86

34.63

5,227

Thar

3,666

3,987

3,374

4,410

5,004

5,008

28.64

0.08

4,242

XUV400

-

-

-

-

-

1,909

-

-

1,909

Marazzo

213

201

171

164

171

490

75.63

186.55

235

Alturas G4

40

5

0

-

-

-

-

-

15

E-Verito

0

28

0

0

0

0

-

-

5

KUV100

0

2

1

0

0

0

-

-

1

Maruti Suzuki

Baleno

17,149

20,945

16,932

16,357

18,592

16,168

11.35

-13.04

17,691

WagonR

17,945

14,720

10,181

20,466

16,889

17,305

-29.75

2.46

16,251

Swift

17,231

15,153

12,061

16,440

18,412

17,559

28.89

-4.63

16,143

Alto + K10

21,260

15,663

8,648

21,411

18,114

9,139

19.92

-49.55

15,706

Dzire

12,321

14,456

11,997

11,317

16,798

13,394

-28.08

-20.26

13,381

Brezza

9,941

11,324

11,200

14,359

15,787

16,227

30.45

2.79

13,140

Ertiga

10,494

13,818

12,273

9,750

6,472

9,028

14.45

39.49

10,306

Eeco

8,861

7,183

10,581

11,709

11,352

11,995

30.08

5.66

10,280

Grand Vitara

8,052

4,433

6,171

8,662

9,183

10,045

-

9.39

7,758

Ignis

4,743

5,087

5,241

5,842

4,749

2,760

-38.28

-41.88

4,737

Celerio

4,296

2,483

1,090

3,418

4,458

4,646

-27.88

4.22

3,399

S-Presso

3,676

2,588

1,117

4,035

3,761

2,443

-68.96

-35.04

2,937

XL6

2,484

2,988

3,364

2,582

2,108

1,754

-12.30

-16.79

2,547

Ciaz

1,884

1,554

1,154

1,000

792

300

-83.64

-62.12

1,114

MG

Hector + Hector Plus

1,630

1,773

1,575

2,441

2,558

4,105

103.32

60.48

2,347

Astor

1,774

1,434

1,687

958

1,020

1,511

-32.78

48.14

1,397

ZS EV

784

766

526

471

514

548

81.46

6.61

602

Gloster

179

106

111

244

101

247

62.50

144.55

165

Nissan

Magnite

2,819

2,397

2,020

2,803

2,184

3,260

10.81

49.27

2,581

Kicks

242

3

0

0

0

-

-

-

49

Renault

Triber

3,199

2,550

2,203

1,796

3,056

2,538

-28.73

-16.95

2,557

Kiger

2,685

2,278

2,096

1,153

1,802

1,568

-37.18

-12.99

1,930

Kwid

1,894

1,497

1,827

59

1,758

1,283

-47.87

-27.02

1,386

Skoda

Kushaq

1,691

2,009

2,186

2,013

1,783

2,252

-9.88

26.30

1,989

Slavia

1,376

2,022

2,257

1,413

1,274

1,574

-40.94

23.55

1,653

Kodiaq

55

138

107

196

189

416

232.80

120.11

184

Superb

143

160

110

96

90

104

-42.22

15.56

117

Octavia

124

104

129

100

82

86

-52.22

4.88

104

Tata

Nexon

13,767

15,871

12,053

15,567

13,914

14,769

3.17

6.14

14,324

Punch

10,982

12,131

10,586

12,006

11,169

10,894

3.50

-2.46

11,295

Tiago

7,187

5,097

6,052

9,032

7,457

7,366

84.06

-1.22

7,032

Altroz

4,770

5,084

4,055

5,675

3,955

3,862

-18.30

-2.35

4,567

Tigor

4,001

4,301

3,669

3,106

3,064

2,705

-32.49

-11.72

3,474

Harrier

2,762

2,119

2,128

1,572

2,054

2,561

2.81

24.68

2,199

Safari

1,751

1,437

1,502

1,032

1,252

1,890

-15.13

50.96

1,477

Toyota

Glanza

3,767

4,393

4,465

3,327

4,223

3,365

12.65

-20.32

3,923

Hyryder

3,384

3,116

4,201

4,194

3,307

3,474

-

5.05

3,613

Innova Crysta/HyCross

3,739

2,025

36

1,427

4,169

8,075

2.00

93.69

3,245

Fortuner

2,031

1,967

1,603

3,698

3,426

3,108

4.16

-9.28

2,639

Vellfire

88

109

40

22

60

239

-

298.33

93

Camry

59

118

71

59

67

98

-18.33

46.27

79

Hilux

75

37

5

1

15

223

418.60

1,386.67

59

Volkswagen

Taigun

2,355

1,979

2,691

1,455

1,657

1,976

-16.97

19.25

2,019

Virtus

1,072

1,515

1,888

1,379

1,563

1,792

-

14.65

1,535

Tiguan

83

76

130

72

93

132

325.81

41.94

98

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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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