December 2023 Car Sales Analysis — 20 Top-Selling Cars - 6 Months | V3Cars

July 2023 - December 2023 – Top-Selling Cars – 6-Month Total & Average

• General Observations:

  • Maruti Suzuki Dominance: Maruti Suzuki models, including Swift, WagonR, Baleno, and Brezza, continue to dominate the market. Swift leads with the highest average sales per month (17,186), emphasizing its sustained popularity.
  • Consistent Performers: Models like Tata Nexon, Maruti Suzuki Dzire, and Tata Punch consistently maintain high average monthly sales, indicating a steady demand for these vehicles over the six-month period.
  • SUV Popularity: SUVs like Hyundai Creta, Mahindra Scorpio N + Classic, and Kia Seltos perform well, reflecting the ongoing trend of increased demand for SUVs in the market.
  • Baleno's Decline: Despite being a strong performer, Maruti Nexa Baleno shows a decline in average monthly sales over the six-month period, suggesting a shift in consumer preferences or increased competition in its segment.
  • Varied Segment Representation: The list includes models from different segments, including hatchbacks, sedans, and SUVs, showcasing the diverse preferences of the car-buying market.
  • Economic and Compact Cars: Models like Maruti Suzuki Alto K10 and Tata Tiago have relatively lower average monthly sales, indicating a preference for economic and compact cars.
  • Mahindra XUV700 Impact: Mahindra XUV700, although a relatively new entrant, has gained significant traction, securing a spot in the top 20 with impressive average monthly sales.
  • Consistency in Rankings: The rankings of the top models in terms of average monthly sales remain relatively stable over the six-month period, highlighting the consistency in consumer preferences.
  • Competitive Landscape: The data reflects a competitive landscape with various brands vying for market share. Understanding the factors influencing the popularity of specific models is crucial for manufacturers to strategize effectively.
  • Seasonal Variations: It's essential to consider seasonal factors and market dynamics that might influence the sales performance of certain models during specific months.

• Best Sellers:

  • Maruti Suzuki Swift: The Swift is the top-selling car for the six-month period, with a total of 1,03,116 units. It maintains a consistently high average of 17,186 units per month, showcasing its enduring popularity.
  • Maruti Suzuki WagonR: WagonR secures the second position among the best sellers, with a total of 1,00,926 units. With an average of 16,821 units per month, it continues to be a strong contender in the market.
  • Maruti Nexa Baleno: Baleno, from Maruti's Nexa lineup, takes the third spot with a total of 97,290 units. It maintains a robust average of 16,215 units per month, contributing significantly to Maruti's overall sales.

• Worst Sellers:

  • Mahindra XUV700: Despite making it to the top 20, the XUV700 has relatively lower sales, with 5,881 units in December and a total of 43,152 units in six months.
  • Maruti Suzuki Alto K10: The Alto K10 has the lowest total sales among the top 20, with 2,497 units in December and a total of 55,092 units in six months. It indicates a declining preference for this model or potential competition in its segment.

• Best Performers:

  • Tata Nexon: Nexon emerges as a top performer with both high total sales (81,353 units) and a solid average (13,559 units per month). The model's success is reflected in its consistent demand over the six-month period.
  • Maruti Suzuki Brezza: The Brezza, with 86,137 units in total and an average of 14,356 units per month, establishes itself as one of the best performers. The model's strong presence contributes significantly to Maruti's overall sales.

• Worst Performers:

  • Mahindra Bolero + Neo: While in the top 20, the Bolero + Neo has a relatively lower total sales of 7,995 units and an average of 9,200 units per month. 
  • Toyota Innova Crysta/HyCross: While not performing poorly, the Innova Crysta/HyCross has lower average sales (8,326 units per month) compared to some other models in the top 20.

Note: Calculate Car Fuel Cost with V3Cars for India and Other Countries

Here’s a look at the monthly sales of the top 20 best selling cars for the last 6 months starting July 2023:

Note: If You Want to Buy a New Car, Calculate Car Loan EMI with V3Cars