November 2022 Cars Sales Analysis - Full Analysis With YoY, MoM Change | V3Cars

17 December 2022
By Prathu Sharma
0

In this November 2022 cars sales analysis article, we’ll look at the YoY and MoM change in sales figures for each carmaker, segment and body style 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.

Brand-Wise November 2022 Car Sales - YoY Change

In terms of percentage, Citroen posted the best YoY improvement of over 1,400% because of the low numbers in November 2021. It is worth noting that Citroen is not yet a mass volume manufacturer in India.
Among the mass volume carmakers, Skoda posted the best growth in November YoY comparison, with a 102% rise in sales.
MG posted the second best YoY growth of around 64.41%.
The only losers were Jeep and Toyota with 15% and 9.5% decline, respectively, in YoY dispatch numbers in November.
Most brands posted a healthy YoY gain in dispatch numbers.
Datsun as a brand stopped producing cars over the past year.

BRAND-WISE NOVEMBER 2022 CAR SALES YOY CHANGE
Brand	Nov 2022	Nov 2021	Change	% Change	Trend
Citroen	825	52	773	1,486.54%
Datsun	0	259	-259	-	-
Honda	7,051	5,457	1,594	29.21%
Hyundai	48,002	37,001	11,001	29.73%
Jeep	894	1,052	-158	-15.02%
Kia	24,025	14,214	9,811	69.02%
Mahindra	30,266	19,384	10,882	56.14%
Maruti Suzuki	1,32,395	1,09,722	22,673	20.66%
MG	4,079	2,481	1,598	64.41%
Nissan	2,400	2,392	8	0.33%
Renault	6,325	5,052	1,273	25.20%
Skoda	4,433	2,196	2,237	101.87%
Tata	46,040	29,780	16,260	54.60%
Toyota	11,765	13,002	-1,237	-9.51%
Volkswagen	3,570	3,154	416	13.19%

Brand-Wise November 2022 Car Sales - MoM Change

In terms of MoM change, 9 out of 14 brands saw a decline in sales in November over October 2022.
The remaining 4 saw a growth or remained strictly consistent in dispatch numbers as the previous month, case in point - Hyundai, which dispatched just 1 more unit in November than October.
Other than Hyundai, consistent sales numbers were given by Kia (3% gain), Tata (1.8% gain) and Volkswagen (1.7% gain).
Citroen were the top loser with a 45% lower MoM dispatch figure.
Skoda were the top MoM gainer, with a 23.55% growth.

BRAND-WISE NOVEMBER 2022 CAR SALES MoM CHANGE
Brand	Nov 2022	Oct 2022	Change	% Change	Trend
Citroen	825	1,195	-370	-44.85%
Honda	7,051	9,543	-2,492	-35.34%
Hyundai	48,002	48,001	1	0.00%	-
Jeep	894	1,136	-242	-27.07%
Kia	24,025	23,323	702	2.92%
Mahindra	30,266	32,226	-1,960	-6.48%
Maruti Suzuki	1,32,395	1,40,337	-7,942	-6.00%
MG	4,079	4,367	-288	-7.06%
Nissan	2,400	3,061	-661	-27.54%
Renault	6,325	7,778	-1,453	-22.97%
Skoda	4,433	3,389	1,044	23.55%
Tata	46,040	45,220	820	1.78%
Toyota	11,765	13,143	-1,378	-11.71%
Volkswagen	3,570	3,510	60	1.68%

Segment-Wise November 2022 Car Sales - YoY Change

In terms of YoY change, the B2-segment was the biggest gainer, posting a YoY growth of 52%
The B2-segment was followed by the C and D1-segments, with YoY growth of 39.4% in November 2022
In terms of YoY comparison, all segments witnessed growth except the A-segment, which has been showing a downward trend on YoY comparison analysis. The A-segment witnesses a YoY decline of 19% in the month of November

SEGMENT-WISE NOVEMBER 2022 CAR SALES YOY CHANGE
S.No.	Segment	Nov 2022	Nov 2021	Change	% Change	Trend
1	A	29,414	36,338	-6,924	-19.05%
2	B1	60,151	49,494	10,657	21.53%
3	B2	1,36,238	89,699	46,539	51.88%
4	C	63,919	45,826	18,093	39.48%
5	D1	29,083	20,864	8,219	39.39%
6	D2	3,265	2,870	395	13.76%

Segment-Wise November 2022 Car Sales - MoM Change

In terms of MoM comparison for the month of November, 5 of the 6 segments saw a decline in their sales figures
Among the falling segments, A-segment sales dropped by 26.4%, followed by B1-segment with 10% fall, 9.36% fall for D1-segment and 1.66% fall for the D2-segment in November MoM comparison
The B2-segment saw a gain of 5% in terms of MoM change and was the top-gaining segment
C and D2-segment dispatches declined. However, the decline was under 2% so they can be considered fairly consistent

SEGMENT-WISE NOVEMBER 2022 CAR SALES MOM CHANGE
S.No.	Segment	Nov 2022	Oct 2022	Change	% Change	Trend
1	A	29,414	39,987	-10,573	-26.44%
2	B1	60,151	66,943	-6,792	-10.15%
3	B2	1,36,238	1,29,873	6,365	4.9%
4	C	63,919	64,018	-99	-0.15%
5	D1	29,083	32,088	-3,005	-9.36%
6	D2	3,265	3,320	-55	-1.66%

Body-Wise November 2022 Car Sales - YoY Change

Sedans witnessed the biggest YoY growth of roughly 60% in November 2022 compared to November 2021
The SUV was the best-selling body style in India. It was followed by hatchbacks
All body-styles’ sales were up in the past year, starting November 2021, except MPVs, which saw a decline of 4.13%

BODY-WISE NOVEMBER 2022 CAR SALES YOY CHANGE
S.No.	Body Style	Nov 2022	Nov 2021	Change	% Change	Trend
1	Hatch	1,07,929	89,926	18,003	20.02%
2	Sedan	36,697	23,000	13,697	59.55%
3	SUV	1,41,754	1,08,508	33,246	30.64%
4	MPV	35,653	37,188	-1,535	-4.13%
5	Pickup	37	0	37	-	-

Body-Wise November 2022 Car Sales - MoM Change

In the MoM comparison for November 2022, only sedans and MPVs witnessed any growth in sales, a minimal increase of just around 2%
Pickups were the biggest losers with 50% decrease in sales
Pickups were followed by hatchbacks in decrease rate with 10% drop in dispatches in November compared to October
Pickups are not a popular body-style among Indian buyers and it is evident from the numbers

BODY-WISE NOVEMBER 2022 CAR SALES MOM CHANGE
S.No.	Body Style	Nov 2022	Oct 2022	Change	% Change	Trend
1	Hatch	1,07,929	1,20,784	-12,855	-10.64%
2	Sedan	36,697	36,100	597	1.65%
3	SUV	1,41,754	1,44,412	-2,658	-1.84%
4	MPV	35,653	34,858	795	2.28%
5	Pickup	37	75	-38	-50.67%

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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.