February 2023 Car Sales Analysis - Bodystyle-Wise YoY, MoM Change, 6-Month Trend | V3Cars

17 March 2023
By Prathu Sharma
0

In this February 2023 cars sales analysis article, we’ll look at the bodystyle-wise sales figures along with the YoY and MoM change for each carmaker in India. Where applicable, we’ll also include our observations based on the sales data and possible reasons behind a massive increase or drop in sales, where applicable. Lastly, the table with monthly sales of all body styles for the last 6 months will give you an idea about their 6-month sales trend.

Body-Wise February 2023 Car Sales - YoY Change

SUVs witnessed the biggest YoY growth of 20.35% in February 2023 compared to February 2022
The SUV was the best-selling bodystyle in India. It was closely followed by hatchbacks, which saw a 10% gain in sales in February 2023 compared to February 2022
MPVs suffered a 6.28% decline in sales in February YoY comparison analysis
Sedans also saw a 4.33% decline in sales in February

BODY-WISE FEBRUARY 2023 CAR SALES YOY CHANGE
S.No.	Body Style	Feb 2023	Feb 2022	Change	% Change	Trend
1	Hatch	1,21,290	1,10,177	11,113	10.09%
2	Sedan	35,387	36,987	-1,600	-4.33%
3	SUV	1,43,413	1,19,164	24,249	20.35%
4	MPV	34,140	36,428	-2,288	-6.28%
5	Pickup	15	0	15	15

Body-Wise February 2023 Car Sales - MoM Change

SUVs were the top loser by reporting a 7.3% decline in MoM comparison to January sales figures
SUVs were followed by MPVs with 6.1% drop in dispatches in February compared to January
Pickups are not a popular body-style among Indian buyers and it is evident from the numbers
Among the winners, sedans were the top gaining bodystyle with over 35,000 units sold in February, compared to almost 32,000 in January, witnessing a rise of over 11% in monthly sales
Hatchbacks also reported a decline of 1.4% in MoM sales comparison

BODY-WISE FEBRUARY 2023 CAR SALES MOM CHANGE
S.No.	Body Style	Feb 2023	Jan 2023	Change	% Change	Trend
1	Hatch	1,21,290	1,23,007	-1,717	-1.4%
2	Sedan	35,387	31,737	3,650	11.5%
3	SUV	1,43,413	1,54,707	-11,294	-7.3%
4	MPV	34,140	36,353	-2,213	-6.09%
5	Pickup	15	1	14	1400%

Body-Wise — 6-Month Sales Trend (Sept 2022 - Feb 2023)

BODY-WISE 6 MONTH SALES TREND SEPT 2022 - FEB 2023
Body-Type	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	6 Month Avg
Hatch	1,27,193	1,20,784	1,07,929	84,710	1,23,007	1,21,290	1,14,152
Sedan	31,357	36,100	36,697	33,669	31,737	35,387	34,158
SUV	1,54,856	1,44,412	1,41,754	1,24,795	1,54,707	1,43,413	1,43,990
MPV	41,042	34,858	35,653	31,951	36,353	34,140	35,666
Pickup	2	75	37	5	1	15	23

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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.