May 2023 Car Sales Analysis – 20 Top-Selling Cars | V3Cars

13 June 2023
By Prathu Sharma
0

In this May 2023 cars sales analysis article, we’ll look at the YoY and MoM change for the 20 top-selling cars of May 2023. Using this data, we will also provide our observations and insights on the reasons for significant improvements or declines in sales, where relevant.

May 2023 - 20 Top-Selling Cars YoY Change

Toyota’s Innova pair(Crysta and Hycross) reported the best growth, with a gain of over 184% in terms of YoY comparison.
The next best YoY performer in May 2023 was the Mahindra Scorpio-N and Scorpio Classic pair, with around over 114% gains.
The WagonR was the best-selling car in India in April 2023, with almost 21,000 units sold in the month of April 2023. But for the month of May, Maruti Nexa Baleno emerged as the best-selling car with about 19,000 units sold.
The top 11 best selling cars in May 2023 sold well over 10,000 units each.
Hyundai Grand i10 Nios was the top loser in the YoY comparison analysis with over 30% decline in numbers.
Maruti’s Alto and Alto K10 pair lost sales by 27.57% in the YoY comparison analysis for the month of May. The pair from Maruti was followed by Ertiga with a 14% decline in the YoY comparison analysis for the month of May.
Half of the models on the top 20 bestselling list in May 2023 are from Maruti, and in May of 2023, the top 3 spots were taken by Maruti cars.
Hyundai Creta and Tata Nexon were on the 4th and 5th spot in best-sellers ranking for the month of May.
Hyundai had 4 cars and Tata had 3 cars in May 2023’s YoY top 20 performers’ list. Mahindra had just 2 models and Kia had 2 cars in the top 20 list.

20 TOP-SELLING CARS - MAY 2023 YoY CHANGE
S.No.	Brand	Model	May 2023	May 2022	Change	%Change	Trend
1	Maruti Nexa	Baleno	18,733	13,970	4,763	34.09
2	Maruti Suzuki	Swift	17,346	14,133	3,213	22.73
3	Maruti Suzuki	WagonR	16,258	16,814	-556	-3.31
4	Hyundai	Creta	14,449	10,973	3,476	31.68
5	Tata	Nexon	14,423	14,614	-191	-1.31
6	Maruti Suzuki	Brezza	13,398	10,312	3,086	29.93
7	Maruti Suzuki	Eeco	12,818	10,482	2,336	22.29
8	Maruti Suzuki	Dzire	11,315	11,603	-288	-2.48
9	Tata	Punch	11,124	10,241	883	8.62
10	Maruti Suzuki	Ertiga	10,528	12,226	-1,698	-13.89
11	Hyundai	Venue	10,213	8,300	1,913	23.05
12	Maruti Nexa	Fronx	9,863	-	9,863	-	-
13	Maruti Suzuki	Alto + K10	9,368	12,933	-3,565	-27.57
14	Mahindra	Scorpio Classic + Scorpio-N	9,318	4,348	4,970	114.31
15	Maruti Nexa	Grand Vitara	8,877	-	8,877	-	-
16	Kia	Sonet	8,251	7,899	352	4.46
17	Mahindra	Bolero + Neo	8,170	8,767	-597	-6.81
18	Tata	Tiago	8,133	4,561	3,572	78.32
19	Toyota	Innova Crysta/HyCross	7,776	2,737	5,039	184.11
20	Hyundai	Grand i10 Nios	6,385	9,138	-2,753	-30.13

May 2023 - 20 Top-Selling Cars MoM Change

The Ertiga was the top-performer in terms of MoM comparison analysis for the month of May, with over 90% increase in dispatches as compared to April 2023, surpassing Toyota Innova Crysta and Hycross’s growth numbers.
The Innova pair was the second best performer in the MoM comparison for the month of May, with a near 60.76% growth in sales.
Half the top-20 selling cars in the list saw a MoM decline in dispatch numbers, which includes names like WagonR which was the top losing car MoM comparison with a decline of 22.20%.
WagonR was followed by the Alto and Alto K10 pair, which saw a decline of 19% in MoM comparison for May.
Maruti launched the B2-segment SUV Fronx in May and it is already in the top-12 selling cars list with 9,863 units sold in its 2nd month in the market, with an MoM growth of 12.28%.

20 TOP-SELLING CARS - MAY 2023 MoM CHANGE
S.No.	Brand	Model	May 2023	Apr 2023	Change	%Change	Trend
1	Maruti Nexa	Baleno	18,733	16,180	2,553	15.78%
2	Maruti Suzuki	Swift	17,346	18,753	-1,407	-7.50%
3	Maruti Suzuki	WagonR	16,258	20,897	-4,639	-22.20%
4	Hyundai	Creta	14,449	14,186	263	1.85%
5	Tata	Nexon	14,423	15,002	-579	-3.86%
6	Maruti Suzuki	Brezza	13,398	11,836	1,562	13.20%
7	Maruti Suzuki	Eeco	12,818	10,504	2,314	22.03%
8	Maruti Suzuki	Dzire	11,315	10,132	1,183	11.68%
9	Tata	Punch	11,124	10,934	190	1.74%
10	Maruti Suzuki	Ertiga	10,528	5,532	4,996	90.31%
11	Hyundai	Venue	10,213	10,342	-129	-1.25%
12	Maruti Nexa	Fronx	9,863	8,784	1,079	12.28%
13	Maruti Suzuki	Alto + K10	9,368	11,548	-2,180	-18.88%
14	Mahindra	Scorpio Classic + Scorpio-N	9,318	9,617	-299	-3.11%
15	Maruti Nexa	Grand Vitara	8,877	7,742	1,135	14.66%
16	Kia	Sonet	8,251	9,744	-1,493	-15.32%
17	Mahindra	Bolero + Neo	8,170	9,054	-884	-9.76%
18	Tata	Tiago	8,133	8,450	-317	-3.75%
19	Toyota	Innova Crysta/HyCross	7,776	4,837	2,939	60.76%
20	Hyundai	Grand i10 Nios	6,385	6,839	-454	-6.64%

Top 20 Sellings Cars— 6-Month Sales Trend (Dec 2022 - May 2023)

Top 20 Selling Cars \| Monthly Sales Trend
Brand	Model	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023	6 Month Avg
Maruti Nexa	Baleno	16,932	16,357	18,592	16,168	16,180	18,733	17,160
Maruti Suzuki	Swift	12,061	16,440	18,412	17,559	18,753	17,346	16,762
Maruti Suzuki	WagonR	10,181	20,466	16,889	17,305	20,897	16,258	16,999
Hyundai	Creta	10,205	15,037	10,421	14,026	14,186	14,449	13,054
Tata	Nexon	12,053	15,567	13,914	14,769	15,002	14,423	14,288
Maruti Suzuki	Brezza	11,200	14,359	15,787	16,227	11,836	13,398	13,801
Maruti Suzuki	Eeco	10,581	11,709	11,352	11,995	10,504	12,818	11,493
Maruti Suzuki	Dzire	11,997	11,317	16,798	13,394	10,132	11,315	12,492
Tata	Punch	10,586	12,006	11,169	10,894	10,934	11,124	11,119
Maruti Suzuki	Ertiga	12,273	9,750	6,472	9,028	5,532	10,528	8,931
Hyundai	Venue	8,285	10,738	9,997	10,024	10,342	10,213	9,933
Maruti Nexa	Fronx					8,784	9,863	9,324
Maruti Suzuki	Alto + K10	8,648	21,411	18,114	9,139	11,548	9,368	13,038
Mahindra	Scorpio Classic + Scorpio-N	7,003	8,715	6,950	8,788	9,617	9,318	8,399
Maruti Nexa	Grand Vitara	6,171	8,662	9,183	10,045	7,742	8,877	8,447
Kia	Sonet	5,772	9,261	9,836	8,677	9,744	8,251	8,590
Mahindra	Bolero + Neo	7,311	8,574	9,782	9,546	9,054	8,170	8,740
Tata	Tiago	6,052	9,032	7,457	7,366	8,450	8,133	7,748
Toyota	Innova Crysta/HyCross	36	1,427	4,169	8,075	4,837	7,776	4,387
Hyundai	Grand i10 Nios	8,340	8,760	9,635	9,304	6,839	6,385	8,211

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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.