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November 2023 Kia Car Sales Analysis - YoY, MoM Change, 6-Month Trend

November 2023 Kia Car Sales Analysis - YoY, MoM Change, 6-Month Trend | V3Cars

In this November 2023 Kia cars sales analysis, we’ll look at the car sales of Kia for the previous month. We’ll also compare the YoY and MoM change to find out which Kia model’s sales improved and which ones declined. Lastly, the table with monthly sales for the last 6 months will give you an idea about the 6-month sales trend of all Kia cars.

Kia Sales

November 2023 - Kia Car Sales Figures - YoY Change

  • Top Gainers (YoY):
    • Seltos (C1 SUV): Secured the top position among the gainers with an impressive Year-over-Year (YoY) growth of 25.85%. This substantial increase suggests strong demand for the Seltos model in the SUV segment.
    • Sonet (B2 SUV): Experienced a YoY decline of 17.88%, indicating a decrease in sales for this SUV model.
    • Carens (C2 MPV): Witnessed a YoY decline of 27.36%, suggesting changes in market dynamics or consumer preferences for this MPV model.
    • EV6 (D1 SUV): Demonstrated a significant YoY decline of 80.47%, indicating a notable drop in sales for this electric SUV model.
  • Top Losers (YoY):
    • Carnival (D2 MPV): Experienced a YoY decline, with specific sales figures not provided. The absence of sales data suggests potential challenges or changes in market positioning for the Carnival model.
  • These insights are based on the Year-over-Year (YoY) comparisons between November 2023 and November 2022, providing a comparative analysis of the specified models and segments, highlighting changes in their sales performance over a one-year period.

KIA CAR SALES - NOVEMBER 2023

YoY CHANGE

Rank

Model

Segment

Body-Type

Nov 2023

Nov 2022

Change

%Change

Trend

1

Seltos

C1

SUV

11,684

9,284

2,400

25.85%

2

Sonet

B2

SUV

6,433

7,834

-1,401

-17.88%

3

Carens

C2

MPV

4,620

6,360

-1,740

-27.36%

4

EV6

D1

SUV

25

128

-103

-80.47%

5

Carnival

D2

MPV

-

419

-

-

-

November 2023 - Kia Car Sales Figures - MoM Change

  • Seltos (C1 SUV): Despite being the top gainer in the Year-over-Year (YoY) comparison, Seltos experienced a MoM decline of 5.48%. This could be influenced by various factors such as seasonal trends, market dynamics, or specific promotional activities during the previous month.
  • Sonet (B2 SUV): Showed a marginal MoM decline of 0.92%, indicating relatively stable performance compared to the previous month.
  • Carens (C2 MPV): Witnessed a MoM decline of 13.73%, suggesting a notable decrease in sales for this MPV model compared to the previous month.
  • EV6 (D1 SUV): Demonstrated a substantial MoM decline of 82.27%, indicating a significant drop in sales for this electric SUV model compared to the previous month. The reasons behind such a decline would need further investigation, considering the relatively small sales volume.
  • These insights are based on the Month-over-Month (MoM) comparisons between November 2023 and October 2023, providing a snapshot of the recent performance and potential trends for the specified models and segments.

KIA CAR SALES - NOVEMBER 2023

MoM CHANGE

Rank

Model

Segment

Body-Type

Nov 2023

Oct 2023

Change

%Change

Trend

1

Seltos

C1

SUV

11,684

12,362

-678

-5.48%

2

Sonet

B2

SUV

6,433

6,493

-60

-0.92%

3

Carens

C2

MPV

4,620

5,355

-735

-13.73%

4

EV6

D1

SUV

25

141

-116

-82.27%

Kia — 6-Month Sales Trend (June 2023 - November 2023)

KIA CARS 6 MONTH SALES TREND

JUNE 2023 - NOVEMBER 2023

Model

Segment

Body-Type

Jun 2023

Jul 2023

Aug 2023

Sep 2023

Oct 2023

Nov 2023

6 Month Avg

Seltos

C1

SUV

3,578

9,740

10,698

10,558

11,684

9,770

7,905

Sonet

B2

SUV

7,722

4,245

4,120

4,984

6,433

5,666

4,531

Carens

C2

MPV

8,047

6,002

4,359

4,330

4,620

5,452

3,946

EV6

D1

SUV

44

15

42

150

25

70

35

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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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