March 2023 Car Sales Analysis – 20 Top-Selling Cars | V3Cars
In this March 2023 cars sales analysis article, we’ll look at the YoY and MoM change for the 20 top-selling cars of March 2023. Using this data, we will also provide our observations and insights on the reasons for significant improvements or declines in sales, where relevant.
March 2023 - 20 Top-Selling Cars YoY Change
- Tata Tiago reported the best growth, with a gain of 84% in terms of YoY comparison
- The next best YoY performer in March 2023 was the Mahindra Scorpio, with around 45% gains
- The Swift was the best-selling car in India in March 2023, with over 17,500 units sold in the month of March 2023. During the same period in 2022, the WagonR was the top-selling car, with over 25,500 units sold
- The top 10 best selling cars in March 2023 sold well over 10,000 units each
- Maruti’s WagonR and Dzire were the top losers in the YoY comparison analysis for the month of March, with a near 30% decline in dispatches compared to March 2022
- 9 out of 20 models on the top 20 bestselling list in March 2023 are from Maruti Suzuki, and in March of 2023, the top 4 spots were taken by Maruti cars
- Hyundai had 4 cars and Tata had 3 cars in the March 2023 YoY top 20 performer’s list. Mahindra had just 2 models and Kia and Toyota each had 1 each in the top 20 list.
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March 2023 - 20 Top-Selling Cars MoM Change
- The Innova nameplate was the top-performer in terms of MoM comparison analysis for the month of March, with over 93% increase in dispatches as compared to Feb 2023.
- The Ertiga was the second best performer in the MoM comparison for the month of March, with a 39.5% growth in sales.
- Half the cars in the top-selling cars’ list saw a MoM decline in dispatch numbers, including the top selling car – the Swift
- The Alto 800 and Alto K10 from Maruti Suzuki topped the list of MoM losers, with almost 50% decline in numbers, followed by the Hyundai i20, which saw a decline of 29% in MoM comparison for March.
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Top 20 Sellings Cars— 6-Month Sales Trend (Oct 2022 - Mar 2023)
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Maruti Suzuki Cars in India
Dzire
₹6.79 - ₹10.14 lakh*
*Ex-showroom priceSwift
₹6.49 - ₹9.64 lakh*
*Ex-showroom priceAlto K10
₹3.99 - ₹5.96 lakh*
*Ex-showroom priceS-Presso
₹4.27 - ₹6.12 lakh*
*Ex-showroom priceBrezza
₹8.34 - ₹13.98 lakh*
*Ex-showroom priceErtiga
₹8.69 - ₹13.03 lakh*
*Ex-showroom priceWagon R
₹5.55 - ₹7.21 lakh*
*Ex-showroom priceCelerio
₹5.37 - ₹7.05 lakh*
*Ex-showroom priceEeco
₹5.32 - ₹6.79 lakh*
*Ex-showroom priceUpcoming Maruti Suzuki Cars
WagonR Flex
₹6.00 - ₹8.00 lakh*
*Expected PriceExpected Launch Apr 2025
Brezza Matte
₹8.00 - ₹14.00 lakh*
*Expected PriceExpected Launch Oct 2025
XL5
₹8.00 - ₹12.00 lakh*
*Expected PriceExpected Launch Jun 2026
Hustler EV
₹10.00 - ₹13.00 lakh*
*Expected PriceExpected Launch Jan 2027
Solio
₹5.50 - ₹7.50 lakh*
*Expected PriceExpected Launch May 2027
Swift Hybrid
₹10.00 - ₹13.00 lakh*
*Expected PriceExpected Launch Jun 2027
WagonR EV
₹10.00 - ₹13.00 lakh*
*Expected PriceExpected Launch Oct 2027
Alto-Sized EV
₹10.00 - ₹14.00 lakh*
*Expected PriceExpected Launch Sep 2028
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