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

15 March 2023
By Prathu Sharma
0

In this February 2023 car sales analysis article, we’ll look at the segment-wise sales figures along with the YoY and MoM change for each carmaker in India. Where applicable, we’ll include our observations based on the sales data and possible reasons behind a massive increase or drop in sales. 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.

Segment-Wise February 2023 Car Sales - YoY Change

In terms of YoY change, the D1-segment was the biggest gainer, posting a YoY growth of 16.33%
The D1-segment was followed by the B2-segment, with a YoY growth of 16% in February 2023
The B1-segment witnessed a YoY growth of 13% in our February 2023 comparison analysis
In terms of YoY comparison, all segments witnessed growth except the A-segment, which witnessed a decline of 9% in the February YoY comparison analysis

SEGMENT-WISE FEBRUARY 2023 CAR SALES YOY CHANGE
S.No.	Segment	Feb 2023	Feb 2022	Change	% Change	Trend
1	A	39,443	43,333	-3,890	-8.98%
2	B1	68,311	60,525	7,786	12.86%
3	B2	1,41,061	1,21,791	19,270	15.82%
4	C	50,522	48,433	2,089	4.31%
5	D1	30,332	26,074	4,258	16.33%
6	D2	4,576	2,600	1,976	76%

Segment-Wise February 2023 Car Sales - MoM Change

In terms of MoM comparison for the month of February, all segments, except B2-segment, witnessed a decrease in their sales figures in comparison to sales in January
The B2-segment reported a MoM growth of 6%
The C-segment saw the highest MoM decline of all, of around 20%
The D2-segment followed the C-segment with a 14% decrease

SEGMENT-WISE FEBRUARY 2023 CAR SALES MOM CHANGE
S.No.	Segment	Feb 2023	Jan 2023	Change	% Change	Trend
1	A	39,443	40,632	-1,189	-2.93%
2	B1	68,311	72,546	-4,235	-5.84%
3	B2	1,41,061	1,33,203	7,858	5.9%
4	C	50,522	62,962	-12,440	-19.76%
5	D1	30,332	31,139	-807	-2.59%
6	D2	4,576	5,323	-747	-14.03%

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

SEGMENT-WISE 6 MONTH SALES TREND SEPT 2022 - FEB 2023
Segment	Sep 2022	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	6 Month Avg
A	49,662	39,987	29,414	23,263	40,632	39,443	37,067
B1	66,462	66,943	60,151	52,462	72,546	68,311	64,479
B2	1,37,262	1,29,873	1,36,238	1,14,024	1,33,203	1,41,061	1,31,944
C	57,953	63,516	63,651	59,826	62,962	50,522	59,738
D1	38,651	32,590	29,351	23,242	31,139	30,332	30,884
D2	4,460	3,320	3,265	2,313	5,323	4,576	3,876

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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.