August 2023 Mahindra Car Sales Analysis - YoY, MoM Change, 6-Month Trend | V3Cars

18 September 2023
By Prathu Sharma
0

In this August 2023 Mahindra car sales analysis, we’ll look at the car sales of Mahindra for the previous month. We’ll also compare the YoY and MoM change to find out which Mahindra cars’ sales improved and which ones declined. Lastly, the table with monthly sales for the last 6 months will give you an idea about the 6-month sales trend of all Mahindra cars.

August 2023 - Mahindra Car Sales Figures - YoY Change

The Scorpio pair were the best-selling cars in the month of August. 9,898 units of the pair were sold.
The Bolero pair was also a close second with 9,092 units dispatched in August 2023.
Thar reported the best YoY gains of about 57% in August 2023.
The Scorpios reported about 40% growth in YoY comparison analysis.
Mahindra launched its first and only electric car, the XUV400 in the past year and reported 778 units dispatched in the month of August.
There were no losers for Mahindra in August YoY comparison analysis.
Alturas G4 was discontinued by the carmaker. Besides that, E-Verito has been reporting zero dispatches for three consecutive months and August has been discontinued by the carmaker.
Going by its dispatch numbers, Marazzo could be next in line for discontinuation by the carmaker with just 47 units dispatched in August 2023.

MAHINDRA CAR SALES - AUGUST 2023 YOY CHANGE
Rank	Model	Segment	Body-Type	Aug 2023	Aug 2022	Change	%Change	Trend
1	Scorpio Classic + Scorpio-N	D1	SUV	9,898	7,056	2,842	40.28%
2	Bolero + Neo	B2	SUV	9,092	8,246	846	10.26%
3	XUV700	D1	SUV	6,512	6,010	502	8.35%
4	Thar	B2	SUV	5,951	3,793	2,158	56.89%
5	XUV300	B2	SUV	4,992	4,322	670	15.5%
6	XUV400	B2	SUV	778	-	-	-	-
7	Marazzo	C2	MPV	47	45	2	4.44%
8	Alturas G4	D2	SUV	-	44	-	-	-
9	E-Verito	C1	Sedan	-	99	-	-	-

August 2023 - Mahindra Car Sales Figures - MoM Change

Most Mahindra cars reported MoM growth in August compared to July 2023, with an exception of Marazzo and Scorpio pair.
.Marazzo reported a decline of 42% and Scorpio pair reported a decline of 6% in August over July.
Amongst the gainers, the Thar saw the biggest growth of 13%, followed by the XUV700 with a 5.44% MoM growth in August over July.
Bolero pair reported a growth figure of 2% in MoM comparison.
Bolero pair reported a growth of 2.71%.

MAHINDRA CAR SALES - AUGUST 2023 MOM CHANGE
Rank	Model	Segment	Body-Type	Aug 2023	Jul 2023	Change	%Change	Trend
1	Scorpio Classic + Scorpio-N	D1	SUV	9,898	10,522	-624	-5.93%
2	Bolero + Neo	B2	SUV	9,092	8,921	171	1.92%
3	XUV700	D1	SUV	6,512	6,176	336	5.44%
4	Thar	B2	SUV	5,951	5,265	686	13.03%
5	XUV300	B2	SUV	4,992	4,533	459	10.13%
6	XUV400	B2	SUV	778	707	71	10.04%
7	Marazzo	C2	MPV	47	81	-34	-41.98%

Mahindra — 6-Month Sales Trend (March 2023 - August 2023)

MAHINDRA CARS 6 MONTH SALES TREND MARCH 2023 - AUGUST 2023
Model	Segment	Body-Type	Mar 2023	Apr 2023	May 2023	Jun 2023	Jul 2023	Aug 2023	6 Month Avg
Bolero + Neo	B2	SUV	9,546	9,054	8,170	8,686	8,921	9,092	8,912
Marazzo	C2	MPV	490	0	33	79	81	47	122
Scorpio Classic + Scorpio-N	D1	SUV	8,788	9,617	9,318	8,648	10,522	9,898	9,465
Thar	B2	SUV	5,008	5,302	4,296	3,899	5,265	5,951	4,954
XUV300	B2	SUV	5,128	5,062	5,125	5,094	4,533	4,992	4,989
XUV400	B2	SUV	1,909	902	696	788	707	778	963
XUV700	D1	SUV	5,107	4,757	5,245	5,391	6,176	6,512	5,531

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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.