August 2023 Cars Sales Analysis - Hatchback YoY, MoM Change, 6-Month Trend | V3Cars

In this August 2023 car sales analysis article, we’ll look at the YoY and MoM changes in sales figures of all hatchbacks 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. Lastly, the table with monthly sales of all hatchbacks for the last 6 months will give you an idea about their 6-month sales trend.

August 2023 Sales Analysis Hatchbacks; YoY, MoM Change

 

Hatchbacks Segment August 2023 Car Sales - YoY Change

  • In terms of sales, the B1-hatcback segment was the best-selling segment in the Indian market. 53,373 out of 1,05,453 hatchbacks were B1-segment cars, which makes up to about 50.61% of the total sales of the hatchbacks in the month of August of 2023.
  • In the year 2022, B1-hatchback made for about 45% of the total hatchbacks sold in India.
  • The Swift was the best performing hatchback in August 2023 YoY comparison, with a 65.44% rise in dispatches as compared to August 2022.
  • The Altroz was the second best performing car in the category, with a 57.51% YoY growth in August 2023.
  • Altroz was followed by the Tiago hatchback from Tata with a 31.27% YoY growth in August 2023 compared to August 2022.
  • The S-Presso from Maruti was the biggest loser, with around 66.48% decline in sales. The Ignis was the second biggest loser with a 58.70% decline in dispatches in the August YoY comparison.
  • The i20 and the Alto/K10 pair also reported a YoY decline of around 35.22% and 33.26% in August, respectively.
  • The cars that were discontinued are:
    • Honda Jazz (Discontinued in 2023)
    • Hyundai Santro (Discontinued in 2022)
    • Volkswagen Polo (Discontinued in 2022)

HATCHBACKS AUGUST 2023 CAR SALES

YOY CHANGE

S.No.

Brand

Model

Segment

Aug 2023

Aug 2022

Change

%Change

Trend

1

Maruti Suzuki

Swift

B1

18,653

11,275

7,378

65.44%

2

Maruti Nexa

Baleno

B2

18,516

18,418

98

0.53%

3

Maruti Suzuki

WagonR

B1

15,578

18,398

-2,820

-15.33%

4

Maruti Suzuki

Alto + K10

A

9,603

14,388

-4,785

-33.26%

5

Tata

Tiago

B1

9,463

7,209

2,254

31.27%

6

Tata

Altroz

B2

7,825

4,968

2,857

57.51%

7

Hyundai

Grand i10 Nios

B1

7,306

9,274

-1,968

-21.22%

8

Hyundai

i20

B2

4,896

7,558

-2,662

-35.22%

9

Maruti Suzuki

Celerio

A

4,038

5,852

-1,814

-31.00%

10

Toyota

Glanza

B2

2,932

3,011

-79

-2.62%

11

Maruti Suzuki

S-Presso

A

2,606

7,774

-5,168

-66.48%

12

Maruti Nexa

Ignis

B1

2,373

5,746

-3,373

-58.70%

13

Renault

Kwid

A

883

1,704

-821

-48.18%

14

MG

Comet EV

A

651

-

651

-

-

15

Hyundai

Ioniq 5

C2

130

-

130

-

-

16

Honda

Jazz

B2

-

448

-448

-

-

Hatchback Segment August 2023 Car Sales - MoM Change

  • The Swift claimed the top spot, with about 18,653 units sold in the month of August.
  • Most cars in the category reported an MoM growth in August. The exceptions were:
    • Glanza with 40.19% drop
    • Ignis with 26.37% drop
    • I20 with 2.10%
  • Maruti Celerio was the top gainer for the August comparison with a 39.58% MoM growth in August over July..
  • The Glanza emerged as the top MoM loser in the month of August with a 40.19% drop in dispatches in August compared to July.

HATCHBACKS AUGUST 2023 CAR SALES

MOM CHANGE

S.No.

Brand

Model

Segment

Aug 2023

Jul 2023

Change

%Change

Trend

1

Maruti Suzuki

Swift

B1

18,653

17,896

757

4.23%

2

Maruti Nexa

Baleno

B2

18,516

16,725

1,791

10.71%

3

Maruti Suzuki

WagonR

B1

15,578

12,970

2,608

20.11%

4

Maruti Suzuki

Alto + K10

A

9,603

7,099

2,504

35.27%

5

Tata

Tiago

B1

9,463

8,982

481

5.36%

6

Tata

Altroz

B2

7,825

7,817

8

0.10%

7

Hyundai

Grand i10 Nios

B1

7,306

5,337

1,969

36.89%

8

Hyundai

i20

B2

4,896

5,001

-105

-2.10%

9

Maruti Suzuki

Celerio

A

4,038

2,893

1,145

39.58%

10

Toyota

Glanza

B2

2,932

4,902

-1,970

-40.19%

11

Maruti Suzuki

S-Presso

A

2,606

2,491

115

4.62%

12

Maruti Nexa

Ignis

B1

2,373

3,223

-850

-26.37%

13

Renault

Kwid

A

883

762

121

15.88%

14

MG

Comet EV

A

651

-

651

-

-

15

Hyundai

Ioniq 5

C2

130

125

5

4.00%

Hatchback Cars — 6-Month Sales Trend (March 2023 - August 2023)

HATCHBACK CARS 6 MONTH SALES TREND

MARCH 2023 - AUGUST 2023

Brand

Model

Segment

Mar 2023

Apr 2023

May 2023

Jun 2023

Jul 2023

Aug 2023

6 Month Avg

Maruti Suzuki

Alto + K10

A

9,139

11,548

9,368

11,323

7,099

9,603

9,680

Tata

Altroz

B2

3,862

4,658

5,420

7,250

7,817

7,825

6,139

Maruti Nexa

Baleno

B2

16,168

16,180

18,733

14,077

16,725

18,516

16,733

Maruti Suzuki

Celerio

A

4,646

4,890

3,216

3,399

2,893

4,038

3,847

MG

Comet EV

A

-

-

-

-

-

651

651

Toyota

Glanza

B2

3,365

3,653

5,179

3,467

4,902

2,932

3,916

Hyundai

Grand i10 Nios

B1

9,304

6,839

6,385

6,321

5,337

7,306

6,915

Hyundai

i20

B2

6,596

6,472

6,094

6,162

5,001

4,896

5,870

Maruti Nexa

Ignis

B1

2,760

4,101

4,551

4,237

3,223

2,373

3,541

Hyundai

Ioniq 5

C2

21

189

160

100

125

130

121

Renault

Kwid

A

1,283

1,082

797

1,349

762

883

1,026

Maruti Suzuki

S-Presso

A

2,443

2,562

2,868

2,731

2,491

2,606

2,617

Maruti Suzuki

Swift

B1

17,559

18,753

17,346

15,955

17,896

18,653

17,694

Tata

Tiago

B1

7,366

8,450

8,133

8,135

8,982

9,463

8,422

Maruti Suzuki

WagonR

B1

17,305

20,897

16,258

17,481

12,970

15,578

16,748

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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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