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.

Car Sales Analysis - 20 Top Selling Cars | Mar 2023

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.

20 TOP-SELLING CARS - MARCH 2023

YoY CHANGE

S.No.

Brand

Model

Mar 2023

Mar 2022

Change

%Change

Trend

1

Maruti Suzuki

Swift

17,559

13,623

3,936

28.89

2

Maruti Suzuki

WagonR

17,305

24,634

-7,329

-29.75

3

Maruti Suzuki

Brezza

16,227

12,439

3,788

30.45

4

Maruti Suzuki

Baleno

16,168

14,520

1,648

11.35

5

Tata

Nexon

14,769

14,315

454

3.17

6

Hyundai

Creta

14,026

10,532

3,494

33.18

7

Maruti Suzuki

Dzire

13,394

18,623

-5,229

-28.08

8

Maruti Suzuki

Eeco

11,995

9,221

2,774

30.08

9

Tata

Punch

10,894

10,526

368

3.50

10

Maruti Suzuki

Grand Vitara

10,045

-

10,045

-

-

11

Hyundai

Venue

10,024

9,220

804

8.72

12

Mahindra

Bolero

9,546

6,924

2,622

37.87

13

Hyundai

Grand i10 Nios

9,304

9,687

-383

-3.95

14

Maruti Suzuki

Alto + K10

9,139

7,621

1,518

19.92

15

Maruti Suzuki

Ertiga

9,028

7,888

1,140

14.45

16

Mahindra

Scorpio

8,788

6,061

2,727

44.99

-

17

Kia

Sonet

8,677

6,871

1,806

26.28

18

Toyota

Innova Crysta/HyCross

8,075

7,917

158

2.00

19

Tata

Tiago

7,366

4,002

3,364

84.06

20

Hyundai

i20

6,596

4,693

1,903

40.55

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.

20 TOP-SELLING CARS - MARCH 2023

MoM CHANGE

S.No.

Brand

Model

Mar 2023

Mar 2023

Change

%Change

Trend

1

Maruti Suzuki

Swift

17,559

18,412

-853

-4.63%

2

Maruti Suzuki

WagonR

17,305

16,889

416

2.46%

3

Maruti Suzuki

Brezza

16,227

15,787

440

2.79%

4

Maruti Suzuki

Baleno

16,168

18,592

-2,424

-13.04%

5

Tata

Nexon

14,769

13,914

855

6.14%

6

Hyundai

Creta

14,026

10,421

3,605

34.59%

7

Maruti Suzuki

Dzire

13,394

16,798

-3,404

-20.26%

8

Maruti Suzuki

Eeco

11,995

11,352

643

5.66%

9

Tata

Punch

10,894

11,169

-275

-2.46%

10

Maruti Suzuki

Grand Vitara

10,045

9,183

862

9.39%

11

Hyundai

Venue

10,024

9,997

27

0.27%

12

Mahindra

Bolero

9,546

9,782

-236

-2.41%

13

Hyundai

Grand i10 Nios

9,304

9,635

-331

-3.44%

14

Maruti Suzuki

Alto + K10

9,139

18,114

-8,975

-49.55%

15

Maruti Suzuki

Ertiga

9,028

6,472

2,556

39.49%

16

Mahindra

Scorpio

8,788

6,950

1,838

26.45%

17

Kia

Sonet

8,677

9,836

-1,159

-11.78%

18

Toyota

Innova Crysta/HyCross

8,075

4,169

3,906

93.69%

19

Tata

Tiago

7,366

7,457

-91

-1.22%

20

Hyundai

i20

6,596

9,287

-2,691

-28.98%

Top 20 Sellings Cars— 6-Month Sales Trend (Oct 2022 - Mar 2023)

Top 20 Selling Cars | Monthly Sales Trend

Brand

Model

Oct 2022

Nov 2022

Dec 2022

Jan 2023

Mar 2023

Mar 2023

6 Month Avg

Maruti Suzuki

Swift

17,231

15,153

12,061

16,440

18,412

17,559

16,143

Maruti Suzuki

WagonR

17,945

14,720

10,181

20,466

16,889

17,305

16,251

Maruti Suzuki

Brezza

9,941

11,324

11,200

14,359

15,787

16,227

13,140

Maruti Suzuki

Baleno

17,149

20,945

16,932

16,357

18,592

16,168

17,691

Tata

Nexon

13,767

15,871

12,053

15,567

13,914

14,769

14,324

Hyundai

Creta

11,880

13,321

10,205

15,037

10,421

14,026

12,482

Maruti Suzuki

Dzire

12,321

14,456

11,997

11,317

16,798

13,394

13,381

Maruti Suzuki

Eeco

8,861

7,183

10,581

11,709

11,352

11,995

10,280

Tata

Punch

10,982

12,131

10,586

12,006

11,169

10,894

11,295

Maruti Suzuki

Grand Vitara

8,052

4,433

6,171

8,662

9,183

10,045

7,758

Hyundai

Venue

9,585

10,738

8,285

10,738

9,997

10,024

9,895

Mahindra

Bolero

8,772

7,984

7,311

8,574

9,782

9,546

8,662

Hyundai

Grand i10 Nios

8,855

7,961

8,340

8,760

9,635

9,304

8,809

Maruti Suzuki

Alto + K10

21,260

15,663

8,648

21,411

18,114

9,139

15,706

Maruti Suzuki

Ertiga

10,494

13,818

12,273

9,750

6,472

9,028

10,306

Mahindra

Scorpio

7,438

6,455

7,003

8,715

6,950

8,788

7,558

Kia

Sonet

7,614

7,834

5,772

9,261

9,836

8,677

8,166

Toyota

Innova Crysta/HyCross

3,739

2,025

36

1,427

4,169

8,075

3,245

Tata

Tiago

7,187

5,097

6,052

9,032

7,457

7,366

7,032

Hyundai

i20

7,814

7,236

4,697

8,185

9,287

6,596

7,303

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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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