February 2023 Car Sales Analysis - 20 Top-Selling Cars | V3Cars
In this February 2023 cars sales analysis article, we’ll look at the YoY and MoM change for the 20 top-selling cars of February 2023. Based on the data, we’ll also share our observations and possible reasons for big improvement or massive decline in sales where applicable.
February 2023 - 20 Top-Selling Cars YoY Change
- Mahindra Scorpio reported the best growth, with a gain of 166% in terms of YoY comparison.
- The next best YoY performer in February 2023 was the Maruti Suzuki Brezza, with around 70% gains.
- Tata Tiago sales witnessed a 66% growth. However, about twice as many units of the Brezza were dispatched in February than the Tiago.
- The Baleno was the best-selling car in India, with over 18,000 units sold in the month of February 2023.
- The top 10 best selling cars in February 2023 sold well over 10,000 units.
- Maruti’s Ertiga was the top loser in the YoY comparison analysis for the month of February, with a near 45% decline in dispatches compared to February 2022.
- 9 out of 20 models on the top 20 bestselling list in February 2023 are from Maruti Suzuki, and in February of 2023, the top 6 spots were taken by Maruti cars.
- Hyundai had 4 and Tata had 3 cars in the February 2023 YoY Top 20 performers list. Kia and Mahindra had just 2 models each in the top 20 list.
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February 2023 - 20 Top-Selling Cars MoM Change
- The Dzire was the top-performer in terms of MoM comparison analysis for the month of February, with over 48% increase in dispatches as compared to January 2023.
- The Bolero was the second best performer in the MoM comparison for the month of February, with a 14% growth in sales.
- Most cars in the top-selling cars’ list saw a MoM decline in dispatch numbers.
- The Ertiga from Maruti Suzuki topped the list of MoM losers, with almost 34% decline in numbers, followed by the Hyundai Creta, which saw a decline of 31% in MoM comparison for February.
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Top 20 Sellings Cars— 6-Month Sales Trend (Sept 2022 - Feb 2023)
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