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

In this January 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 bodystyles for the last 6 months will give you an idea about their 6-month sales trend.

Bodystyle-Wise January 2023 Sales Analysis

Body-Wise January 2023 Car Sales - YoY Change

  • SUVs witnessed the biggest YoY growth of roughly 25% in January 2023 compared to January 2022
  • The SUV was the best-selling bodystyle in India. It was closely followed by hatchbacks, which saw a 17.26% gain in sales in January 2023 compared to January 2022
  • MPVs suffered a 15% decline in sales in January YoY comparison analysis
  • Sedans also saw a 8% decline in sales in January

BODY-WISE JANUARY 2023 CAR SALES

YOY CHANGE

S.No.

Body Style

Jan 2023

Jan 2022

Change

% Change

Trend

1

Hatch

1,23,007

1,04,901

18,106

17.26%

2

Sedan

31,737

34,465

-2,728

-7.92%

3

SUV

1,54,707

1,23,849

30,858

24.92%

4

MPV

36,353

31,553

4,800

15.21%

5

Pickup

1

0

1

-

-

Body-Wise January 2023 Car Sales - MoM Change

  • Pickups were the biggest losers with 80% decrease in sales
  • Pickups were followed by sedans with 0.14% drop in dispatches in January compared to December
  • Pickups are not a popular body-style among Indian buyers and it is evident from the numbers
  • Among the winners, hatchbacks were the top gaining bodystyle with over 1,23,000 units sold in January, compared to almost 85,000, witnessing a rise of over 45% in monthly sales
  • SUVs saw a growth of 24% in MoM comparison, whereas MPVs saw a growth of nearly 14% in January over December

BODY-WISE JANUARY 2023 CAR SALES 

MOM CHANGE

S.No.

Body Style

Jan 2023

Dec 2022

Change

% Change

Trend

1

Hatch

1,23,007

84,710

38,297

45.21%

2

Sedan

31,737

31,781

-44

-0.14%

3

SUV

1,54,707

1,24,795

29,912

23.97%

4

MPV

36,353

31,951

4,402

13.78%

5

Pickup

1

5

-4

-80%

Body-Wise — 6-Month Sales Trend (Aug 2022 - Jan 2023)

BODY-WISE 6 MONTH SALES TREND

AUG 2022 - JAN 2023

Body-Type

Jul 2023

Aug 2023

Sep 2023

Oct 2023

Nov 2023

Jan 2023

6 Month Avg

Hatch

1,24,750

1,16,023

1,27,193

1,20,784

1,07,929

84,710

1,13,565

Sedan

36,087

33,127

31,357

36,100

36,697

33,669

34,506

SUV

1,37,035

1,40,473

1,54,856

1,44,412

1,41,754

1,24,795

1,40,554

MPV

43,237

38,436

41,042

34,858

35,653

31,951

37,530

Pickup

2

20

2

75

37

5

24

Note: Check your Car EMI with our - Car EMI Calculator

You can use our Fuel Cost Calculator to see how much any petrol, diesel or CNG car will cost to run based on the latest fuel price in your city.

Fuel Cost Calculator in India

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.

1 Comments

  1. D DUI Lawyer Fauquier VA says:
    February 14 2023 20:23:18

    This little step-by-step guide, Thanks for the solution… I was looking for the exact thing ... web:https://srislawyer.com/dui-lawyer-fauquier-va/

Leave a Reply