January 2023 Car Sales Analysis - Segment-Wise YoY, MoM Change, 6-Month Trend | V3Cars
In this January 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 January 2023 Car Sales - YoY Change
- In terms of YoY change, the D2-segment was the biggest gainer, posting a YoY growth of 237%
- The D2-segment was followed by the D1-segment, with a YoY growth of 55% in January 2023
- The B2 and C-segments witnessed a YoY growth of 16% in January 2023 comparison analysis
- In terms of YoY comparison, all segments witnessed growth except the A-segment, which witnessed a decline of 1.64% in the January YoY comparison analysis
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Segment-Wise January 2023 Car Sales - MoM Change
- In terms of MoM comparison for the month of January, all segments saw a growth in their sales figures in comparison to the decline in sales witnessed in the December MoM sales analysis
- The D2-segment and A-segment saw the highest MoM growth of all, of around 130% and 75%, respectively
- The B1 segment followed the A-segment with a 38% growth while the D1-segment saw a growth of 34%
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Segment-Wise — 6-Month Sales Trend (Aug 2022 - Jan 2023)
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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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