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

In this August 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.

August 2022 Cars Sales Analysis

Brand-Wise August 2022 Car Sales - YoY Change

  • In terms of percentage, Citroen posted the best YoY improvement of 1600%. The massive YoY growth is because of the low numbers Citroen posted in the August of 2021 as it only had the C5 Aircross in its portfolio back then. The addition of C3 this year has helped the French carmaker improve its overall sales figure in August 2022
  • Mahindra and Tata posted YoY gains of around 88% and 68%, respectively
  • Maruti Suzuki, too, posted a healthy YoY improvement  of 30%
  • Skoda and Volkswagen reported a rise of nearly 10% and 26%, respectively, in August 2022 YoY comparison
  • Honda lost just over 30% and Renault lost 27% in numbers and were the biggest YoY losers in August 2022

BRAND-WISE AUGUST 2022 CAR SALES

YOY CHANGE

Brand

Aug 2022

Aug 2021

Change

% Change

Citroen

850

50

800

1600%

Datsun

0

39

-39

-

Ford

0

1,508

-1,508

-

Honda

7,769

11,177

-3,408

-30.49%

Hyundai

49,510

46,866

2,644

5.64%

Jeep

1,321

1,173

148

12.62%

Kia

22,322

16,750

5,572

33.27%

Mahindra

29,615

15,786

13,829

87.60%

Maruti Suzuki

1,34,166

1,03,187

30,979

30.02%

MG

3,823

3,900

-77

-1.97%

Nissan

3,283

3,170

113

3.56%

Renault

7,012

9,703

-2,691

-27.73%

Skoda

4,222

3,829

393

10.26%

Tata

47,170

28,017

19,153

68.36%

Toyota

14,959

12,769

2,190

17.15%

Volkswagen

2,057

1,631

426

26.12%

Brand-Wise August 2022 Car Sales - MoM Change

  • In terms of MoM change, about two-thirds of the brands saw a decline in sales in August over July 2022
  • Citroen were the top MoM gainer, with a 32.35% growth
  • Volkswagen were the top loser with a 41.71% lower MoM production figure
  • Tata, Kia, Hyundai and Renault all saw MoM changes of under 2% and their dispatches can be considered fairly consistent

BRAND-WISE AUGUST 2022 CAR SALES

MOM CHANGE

Brand

Aug 2022

Jul 2022

Change

% Change

Citroen

850

575

275

32.35%

Honda

7,769

6,784

985

12.68%

Hyundai

49,510

50,500

-990

-2.00%

Jeep

1,321

1,150

171

12.94%

Kia

22,322

22,022

300

1.34%

Mahindra

29,615

27,862

1,753

5.92%

Maruti Suzuki

1,34,166

1,42,849

-8,683

-6.47%

MG

3,823

4,013

-190

-4.97%

Nissan

3,283

3,667

-384

-11.7%

Renault

7,012

7,128

-116

-1.65%

Skoda

4,222

4,447

-225

-5.33%

Tata

47,170

47,506

-336

-0.71%

Toyota

14,959

19,693

-4,734

-31.65%

Volkswagen

2,057

2,915

-858

-41.71%

Segment-Wise August 2022 Car Sales - YoY Change

  • In terms of YoY change, the B1 segment was the biggest gainer, posting a 68.85% YoY improvement, followed by the D1 segment with a 66% YoY gain in August 2022
  • The D2 segment was the only YoY loser in August 2022 with a 13.4% dip in dispatches

SEGMENT-WISE AUGUST 2022 CAR SALES

YOY CHANGE

S.No.

Segment

Aug 2022

Aug 2021

Change

% Change

1

A

41,717

35,912

5,805

16.16%

2

B1

63,908

37,850

26,058

68.85%

3

B2

1,36,143

1,15,089

21,054

18.29%

4

C

48,725

45,952

2,773

6.03%

5

D1

33,767

20,344

13,423

65.98%

6

D2

3,819

4,408

-589

-13.36%

Segment-Wise August 2022 Car Sales - MoM Change

  • Most segments saw a MoM sales decline in August. This is probably because the festive season is around the corner and buyers are postponing their purchases for good deals and offers
  • The B1 segment saw the biggest MoM sales decline of 13%, followed by D2 with a 11.7% decline
  • A and D1 segments remained fairly consistent

SEGMENT-WISE AUGUST 2022 CAR SALES

MOM CHANGE

S.No.

Segment

Aug 2022

Jul 2022

Change

% Change

1

A

41,717

41,567

150

0.36%

2

B1

63,908

73,423

-9,515

-12.96%

3

B2

1,36,143

1,37,569

-1,426

-1.04%

4

C

48,725

50,698

-1,973

-3.89%

5

D1

33,767

33,527

240

0.72%

6

D2

3,819

4,327

-508

-11.74%

Body-Wise August 2022 Car Sales - YoY Change

  • SUVs  witnessed the biggest YoY gains of roughly 31% in August 2022 compared to August 2021
  • MPVs saw the second biggest YoY growth, at 28.72%
  • The SUV was the best-selling body style in India, which has been a global trend in recent years. It was closely followed by hatchbacks 
  • All body-styles’ sales were up in the past year starting August 2021

BODY-WISE AUGUST 2022 CAR SALES

YOY CHANGE

S.No.

Body Style

Aug 2022

Aug 2021

Change

% Change

1

Hatch

1,16,023

96,115

19,908

20.71%

2

Sedan

33,127

25,901

7,226

27.9%

3

SUV

1,40,473

1,07,679

32,794

30.46%

4

MPV

38,436

29,860

8,576

28.72%

5

Pickup

20

0

20

-

Body-Wise August 2022 Car Sales - MoM Change

  • In the MoM comparison for August 2022, all body styles saw a decline in numbers compared to July 2022
  • The MPV segment was worst hit in August 2022, with a 11% decline

BODY-WISE AUGUST 2022 CAR SALES 

MOM CHANGE

S.No.

Body Style

Aug 2022

Jul 2022

Change

% Change

1

Hatch

1,16,023

1,24,750

-8,727

-7%

2

Sedan

33,127

36,087

-2,960

-8.2%

3

SUV

1,40,473

1,37,035

3,438

2.51%

4

MPV

38,436

43,237

-4,801

-11.1%

5

Pickup

20

2

18

900%

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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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