July 2023 Hyundai Car Sales Analysis - YoY, MoM Change, 6-Month Trend | V3Cars

10 August 2023
By Prathu Sharma
0

In this July 2023 Hyundai car sales analysis article, we’ll look at the car sales of Hyundai for the previous month. We’ll also compare the YoY and MoM change to find out which Hyundai cars’ sales improved and which ones declined. Lastly, the table with monthly sales for the last 6 months will give you an idea about the 6-month sales trend of all Hyundai cars.

Hyundai Car Sales July 2023 - YoY, MoM Change

July 2023 - Hyundai Car Sales Figures - YoY Change

The Creta is a consistent top seller for Hyundai, with about 14,000 units sold in July 2023.
The Creta and Venue were the only cars from Hyundai’s stable with a 5-digit sales number in July 2023.
Grand i10 Nios was the top-losing car amongst the high volume Hyundai cars with over 46.63%
Disregarding the low-volume Tucson and Kona’s sales numbers for the purpose of this analysis, the Verna was the top gainer in our July 2023 YoY comparison with about 53% increase in sales.
Among the losers, the Grand I10 Nios saw a 46.63% decline in sales in our July YoY comparison and was followed by i20 with a 27.24% YoY decline in comparison analysis for the month of July.

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HYUNDAI CAR SALES - JULY 2023 YoY CHANGE
Rank	Model	Segment	Body-Type	Jul 2023	Jul 2022	Change	%Change	Trend
1	Creta	C1	SUV	14,062	12,625	1,437	11.38%
2	Venue	B2	SUV	10,062	12,000	-1,938	-16.15%
3	Exter	B2	SUV	7,000	-	-	-	-
4	Grand i10 Nios	B1	Hatch	5,337	10,000	-4,663	-46.63%
5	i20	B2	Hatch	5,001	6,873	-1,872	-27.24%
6	Xcent + Aura	B2	Sedan	4,514	4,018	496	12.34%
7	Verna	C2	Sedan	2,858	1,870	988	52.83%
8	Alcazar	C2	SUV	1,443	2,888	-1,445	-50.03%
9	Tucson	D1	SUV	239	170	69	40.59%
10	Ioniq 5	C2	Hatch	125	-	-	-	-
11	Kona	C1	SUV	60	53	7	13.21%
12	Santro	A	Hatch	-	3	-	-	-

July 2023 - Hyundai Car Sales Figures - MoM Change

All cars except the Ioniq 5 reported a decline in MoM comparison in the month of July.
Ioniq 5 reported 25% gain in MoM comparison analysis for the month of July over June. But it is worth noting that Ioniq 5 is a very low volume car, of which only 125 unit were sold in July, and just 100 units were sold in June 2023.
Alcazar was the top loser with a 31.90% MoM growth in July, whereas Verna reported a drop of 28.57% over its June sales figures.

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HYUNDAI CAR SALES - JULY 2023 MoM CHANGE
Rank	Model	Segment	Body-Type	Jul 2023	Jun 2023	Change	%Change	Trend
1	Creta	C1	SUV	14,062	14,447	-385	-2.66%
2	Venue	B2	SUV	10,062	11,606	-1,544	-13.3%
3	Exter	B2	SUV	7,000	-	-	-	-
4	Grand i10 Nios	B1	Hatch	5,337	6,321	-984	-15.57%
5	i20	B2	Hatch	5,001	6,162	-1,161	-18.84%
6	Xcent + Aura	B2	Sedan	4,514	4,907	-393	-8.01%
7	Verna	C2	Sedan	2,858	4,001	-1,143	-28.57%
8	Alcazar	C2	SUV	1,443	2,119	-676	-31.9%
9	Tucson	D1	SUV	239	263	-24	-9.13%
10	Ioniq 5	C2	Hatch	125	100	25	25%
11	Kona	C1	SUV	60	75	-15	-20%

Hyundai — 6-Month Sales Trend (Feb 2023 - July 2023)

HYUNDAI CARS 6 MONTH SALES TREND FEB 2023 - JULY 2023
Model	Segment	Body-Type	Feb 2023	Mar 2023	Apr 2023	May 2023	Jun 2023	Jul 2023	6 Month Avg
Alcazar	C2	SUV	1,559	2,519	2,037	2,443	2,119	1,443	2,020
Creta	C1	SUV	10,421	14,026	14,186	14,449	14,447	14,062	13,599
Exter	B2	SUV	-	-	-	-	-	7,000	7,000
Grand i10 Nios	B1	Hatch	9,635	9,304	6,839	6,385	6,321	5,337	7,304
i20	B2	Hatch	9,287	6,596	6,472	6,094	6,162	5,001	6,602
Ioniq 5	C2	Hatch	-	21	189	160	100	125	119
Kona	C1	SUV	0	0	0	84	75	60	37
Tucson	D1	SUV	498	581	550	379	263	239	418
Venue	B2	SUV	9,997	10,024	10,342	10,213	11,606	10,062	10,374
Verna	C2	Sedan	47	3,755	4,001	3,687	4,001	2,858	3,058

Also read: July 2023 Maruti Suzuki, Nexa Car Sales Analysis – YoY, MoM Change, 6-Month Trend | V3Cars

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.