April 2023 Car Sales Analysis - Segment-Wise YoY, MoM Change, 6-Month Trend | V3Cars

23 May 2023
By Prathu Sharma
0

In this April 2023 car sales analysis article, we’ll look at the segment-wise sales figures along with the YoY and MoM change for each carmaker in India. Where applicable, we’ll include our observations based on the sales data and possible reasons behind a massive increase or drop in sales. 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.

Segment-Wise April 2023 Car Sales - YoY Change

In terms of YoY change, the D1-segment was the biggest gainer, posting a YoY growth of 45%
The D1-segment was followed by the B1-segment, with a YoY growth of 27.70% in April 2023
The B2 and D2-segment witnessed a YoY growth of 20% in our April 2023 comparison analysis
A and C1-segments reported a decline in YoY comparison in April. A-segment reported a drop of 22% in April whereas C1-segment reported a decline of 3.66% on the YoY comparison

SEGMENT-WISE APRIL 2023 CAR SALES YOY CHANGE
S.No.	Segment	Apr 2023	Apr 2022	Change	% Change	Trend
1	A	30,586	39,216	-8,630	-22.01%
2	B1	69,974	54,796	15,178	27.70%
3	B2	1,35,606	1,12,194	23,412	20.87%
4	C1	42,138	43,741	-1,603	-3.66%
5	C2	24,288	22,654	1,634	7.21%
6	D1	25,185	17,357	7,828	45.10%
7	D2	3,750	3,123	627	20.08%

Segment-Wise April 2023 Car Sales - MoM Change

Out of 7, C1, D1 and D2-segments reported a decline in MoM comparison analysis.
C1-segment reported a 14.72% MoM decline in April, whereas D1-segment witnessed 13.30% MoM drop. The D2-segment saw a drop of 16.14% decline in the April MoM comparison analysis.
A-segment reported an MoM increase of 3.66%.
The B1-segment cars reported a 7.34% growth and was the top gaining segment in the April MoM comparison analysis. The B2-segment reported a MoM growth of 0.84%.
The C2-segment reported a decline of 0.61% in the April MoM comparison analysis.

SEGMENT-WISE APRIL 2023 CAR SALES MOM CHANGE
S.No.	Segment	Apr 2023	Mar 2023	Change	% Change	Trend
1	A	30,586	29,506	1,080	3.66%
2	B1	69,974	65,188	4,786	7.34%
3	B2	1,35,606	1,34,480	1,126	0.84%
4	C1	42,138	49,414	-7,276	-14.72%
5	C2	24,288	24,140	148	0.61%
6	D1	25,185	29,048	-3,863	-13.3%
7	D2	3,750	4,472	-722	-16.14%

Segment-Wise — 6-Month Sales Trend (Nov 2022 - Apr 2023)

SEGMENT-WISE 6 MONTH SALES TREND NOV 2022 - APR 2023
Segment	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	6 Month Avg
A	29,414	23,263	40,632	39,443	29,506	30,586	32,141
B1	60,151	52,462	72,546	68,311	65,188	69,974	64,772
B2	1,36,238	1,14,024	1,33,203	1,41,061	1,34,480	1,35,606	1,32,435
C1	50,286	46,055	53,050	42,369	49,414	42,138	47,219
C2	24,708	20,892	21,173	18,282	24,140	24,288	22,247
D1	18,008	16,121	19,878	20,203	29,048	25,185	21,407
D2	3,265	2,313	5,323	4,576	4,472	3,750	3,950

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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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