April 2023 Car Sales Analysis - Bodystyle-Wise YoY, MoM Change, 6-Month Trend | V3Cars
In this April 2023 cars sales analysis article, we’ll look at the bodystyle-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, where applicable. 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.
Body-Wise April 2023 Car Sales - YoY Change
- SUVs witnessed the biggest YoY growth of 30% in April 2023 compared to April 2022
- The SUV was the best-selling bodystyle in India. It was followed by hatchbacks, which saw a 14.29% growth in sales in April 2023 compared to April 2022
- Sedans also saw a 8.30% growth in sales in April
- MPVs saw a 30.37% decline in sales in April YoY comparison analysis
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Body-Wise April 2023 Car Sales - MoM Change
- Hatchbacks were the top gainer by reporting a 8.31% decline in MoM comparison to March sales figures
- Pickups were the other gainers in the comparison with a 20.63% growth in sales over March. Although, percentage-wise, pick-ups were the top-gainers, but since they make up for a very low portion of the overall monthly sales, their percentages do not give a fair picture of the market situation when compared to others.
- Among the losers, MPVs were the top losing bodystyle with over 20% MoM decline in April, compared to March
- Sedans reported a drop of 6.76% in MoM sales comparison, whereas SUVs reported a 1.62% decline.
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Body-Wise — 6-Month Sales Trend (Nov 2022 - Apr 2023)
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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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