January 2024 Cars Sales Analysis - MPV YoY, MoM Change, 6-Month Trend | V3Cars

In this January 2024 car sales analysis article, we’ll look at the YoY and MoM change in sales figures of all MPVs 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. Lastly, the table with monthly sales of all MPVs for the last 6 months will give you an idea about their 6-month sales trend.

MPV January 2024 Sales Analysis

MPV Segment January 2024 Car Sales - YoY Change

  • Maruti Suzuki Ertiga (C1 Segment): Ertiga showed a significant increase in sales with a YoY change of 50.07%. This indicates a positive trend for the model, and it continues to be a popular choice in the C1 segment.
  • Maruti Suzuki Eeco (A Segment): Eeco experienced a modest YoY change of 2.65%, suggesting relatively stable sales compared to the previous year. The model continues to maintain a consistent position in the A segment.
  • Toyota Innova Crysta/HyCross (D1 Segment): Innova Crysta/HyCross witnessed an extraordinary YoY change of 558.72%, indicating a substantial increase in sales. This significant spike could be attributed to various factors, including market demand or model updates.
  • Kia Carens (C2 Segment): Carens had a negative YoY change of -25.97%, suggesting a decline in sales compared to the previous year. The model might be facing challenges in the competitive C2 segment.
  • Maruti Nexa XL6 (C2 Segment): XL6 showed a positive YoY change of 68.98%, indicating a substantial increase in sales. The model seems to be gaining traction in the C2 segment.
  • Renault Triber (B2 Segment): Triber experienced a positive YoY change of 23.61%, reflecting an increase in sales compared to the previous year. The model continues to perform well in the B2 segment.
  • Toyota Rumion (D1 Segment): Rumion had a YoY change of 100%, being introduced in the market this year. It is a new entrant in the D1 segment.
  • Maruti Suzuki Invicto (D1 Segment): Similar to Rumion, Invicto is a new entrant in the D1 segment with a YoY change of 100%.
  • Citroen C3 Aircross (C1 Segment): C3 Aircross had a YoY change of 100%, being introduced in the market this year. It is a new entrant in the C1 segment.
  • Toyota Vellfire (D2 Segment): Vellfire experienced a positive YoY change of 177.27%, suggesting an increase in sales. This could be attributed to factors like increased demand or customer preferences in the D2 segment.
  • Top Gainers:
    • Toyota Innova Crysta/HyCross (D1 Segment): Innova Crysta/HyCross stands out as the top gainer with an extraordinary YoY change of 558.72%, indicating a substantial increase in sales.
    • Maruti Nexa XL6 (C2 Segment): XL6 experienced a positive YoY change of 68.98%, making it one of the top gainers.
    • Toyota Vellfire (D2 Segment): Vellfire had a positive YoY change of 177.27%, suggesting increased popularity in the D2 segment.
  • Top Losers:
    • Kia Carnival (D2 Segment): Carnival had the highest negative YoY change of -100%, indicating a complete drop in sales compared to the previous year.
    • Mahindra Marazzo (C2 Segment): Marazzo faced a significant YoY change of -80.49%, making it one of the top losers in the C2 segment.

Also Read: Kia Carnival Diesel Variants Explained - Which One To Buy?

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MPV JANUARY 2024 CAR SALES

YOY CHANGE

S.No.

Brand

Model

Segment

Jan 2024

Jan 2023

Change

%Change

Trend

1

Maruti Suzuki

Ertiga

C1

14,632

9,750

4,882

50.07%

2

Maruti Suzuki

Eeco

A

12,019

11,709

310

2.65%

3

Toyota

Innova Crysta/HyCross

D1

9,400

1,427

7,973

558.72%

4

Kia

Carens

C2

5,848

7,900

-2,052

-25.97%

5

Maruti Nexa

XL6

C2

4,363

2,582

1,781

68.98%

6

Renault

Triber

B2

2,220

1,796

424

23.61%

7

Toyota

Rumion

D1

639

-

639

-

-

8

Maruti Suzuki

Invicto

D1

496

-

496

-

-

9

Citroen

C3 Aircross

C1

231

-

231

-

-

10

Toyota

Vellfire

D2

61

22

39

177.27%

11

Mahindra

Marazzo

C2

32

164

-132

-80.49%

12

Kia

Carnival

D2

0

1,003

-1,003

-100.00%

-

MPV Segment January 2024 Car Sales - MoM Change

  • Maruti Suzuki Ertiga (C1 Segment): Ertiga saw a positive MoM change of 12.77%, indicating an increase in sales compared to the previous month.
  • Maruti Suzuki Eeco (A Segment): Eeco experienced a notable MoM change of 19.78%, suggesting a significant increase in sales compared to the previous month.
  • Toyota Innova Crysta/HyCross (D1 Segment): Innova Crysta/HyCross witnessed a positive MoM change of 20.02%, indicating an increase in sales.
  • Kia Carens (C2 Segment): Carens had an extraordinary MoM change of 128.17%, reflecting a substantial increase in sales.
  • Maruti Nexa XL6 (C2 Segment): XL6 showed a positive MoM change of 96%, indicating a substantial increase in sales. The model continues to gain traction in the C2 segment.
  • Renault Triber (B2 Segment): Triber experienced an exceptional MoM change of 233.33%, suggesting a significant spike in sales compared to the previous month.
  • Toyota Rumion (D1 Segment): Rumion had a negative MoM change of -23.29%, indicating a decrease in sales compared to the previous month.
  • Maruti Suzuki Invicto (D1 Segment): Invicto showed a slight negative MoM change of -1.20%, suggesting a minor decrease in sales compared to the previous month.
  • Citroen C3 Aircross (C1 Segment): C3 Aircross had a negative MoM change of -31.86%, indicating a decline in sales compared to the previous month.
  • Toyota Vellfire (D2 Segment): Vellfire experienced a positive MoM change of 64.86%, suggesting an increase in sales compared to the previous month.
  • Top Gainers:
    • Renault Triber (B2 Segment): Triber stands out as the top gainer with an exceptional MoM change of 233.33%, indicating a substantial increase in sales.
    • Kia Carens (C2 Segment): Carens had an extraordinary MoM change of 128.17%, making it one of the top gainers.
    • Maruti Nexa XL6 (C2 Segment): XL6 experienced a positive MoM change of 96%, making it one of the top gainers.
  • Top Losers:
    • Citroen C3 Aircross (C1 Segment): C3 Aircross had the highest negative MoM change of -31.86%, indicating a significant decline in sales compared to the previous month.
    • Toyota Rumion (D1 Segment): Rumion had a negative MoM change of -23.29%, suggesting a decrease in sales.
    • Maruti Suzuki Invicto (D1 Segment): Invicto showed a slight negative MoM change of -1.20%, indicating a minor decrease in sales.

MPV JANUARY 2024 CAR SALES

MOM CHANGE

S.No.

Brand

Model

Segment

Jan 2024

Dec 2023

Change

%Change

Trend

1

Maruti Suzuki

Ertiga

C1

14,632

12,975

1,657

12.77%

2

Maruti Suzuki

Eeco

A

12,019

10,034

1,985

19.78%

3

Toyota

Innova Crysta/HyCross

D1

9,400

7,832

1,568

20.02%

4

Kia

Carens

C2

5,848

2,563

3,285

128.17%

5

Maruti Nexa

XL6

C2

4,363

2,226

2,137

96.00%

6

Renault

Triber

B2

2,220

666

1,554

233.33%

7

Toyota

Rumion

D1

639

833

-194

-23.29%

8

Maruti Suzuki

Invicto

D1

496

502

-6

-1.20%

9

Citroen

C3 Aircross

C1

231

339

-108

-31.86%

10

Toyota

Vellfire

D2

61

37

24

64.86%

11

Mahindra

Marazzo

C2

32

62

-30

-48.39%

MPV Cars — 6-Month Sales Trend (August 2023 - January 2024)

MPV CARS 6 MONTH SALES TREND

AUGUST 2023 - JANUARY 2024

Brand

Model

Segment

Aug 2023

Sep 2023

Oct 2023

Nov 2023

Dec 2023

Jan 2024

6 Month Avg

Maruti Suzuki

Ertiga

C1

12,315

13,528

14,209

12,857

12,975

14,632

13,419

Maruti Suzuki

Eeco

A

11,859

11,147

12,975

10,226

10,034

12,019

11,377

Toyota

Innova Crysta/HyCross

D1

8,666

8,900

8,183

6,910

7,832

9,400

8,315

Kia

Carens

C2

4,359

4,330

5,355

4,620

2,563

5,848

4,513

Maruti Nexa

XL6

C2

4,184

4,511

4,367

3,472

2,226

4,363

3,854

Renault

Triber

B2

1,821

1,642

2,080

1,312

666

2,220

1,624

Toyota

Rumion

D1

112

1,461

792

718

833

639

759

Maruti Suzuki

Invicto

D1

589

389

478

470

502

496

487

Citroen

C3 Aircross

C1

51

400

224

249

339

231

249

Mahindra

Marazzo

C2

47

144

89

49

62

32

71

Toyota

Vellfire

D2

0

0

3

53

37

61

26

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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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