June 2023 Car Sales Analysis - Brand-Wise YoY, MoM Change, 6-Month Trend | V3Cars

12 July 2023
By Prathu Sharma
0

In this June 2023 car sales analysis article, we’ll look at the manufacturer-wise sales figures along with the YoY and MoM change for each carmaker in India. 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 for the last 6 months will give you an idea about the 6-month sales trend of car sales for all manufacturers.

Brand-Wise June 2023 Car Sales - YoY Change

In terms of percentage, Citroen posted the best YoY improvement of 1202.60% because of the low numbers in June 2022. It is worth noting that Citroen is not yet a high volume manufacturer in India.
Among the high volume carmakers, Mahindra posted the best growth in June YoY comparison, with a 22.32% rise in sales.
Mahindra was followed by Toyota, with a 10.45% YoY growth.
The biggest loser was Renault with a 41.50% decline in YoY dispatch numbers in June.
Renault was followed by Honda and then Skoda with a 35% and 34% decline, respectively, in YoY numbers.
Maruti Suzuki was the top-seller for cars in the Indian automobile market, with over 1.30 lakh units dispatched in June 2023, which is a 5.93% YoY growth compared to 1.23 lakh units dispatched in June 2022.
Hyundai was second in the ranking for best sellers, with 50,000 units dispatched in June 2023, which less than half of that of Maruti Suzuki.

BRAND-WISE JUNE 2023 CAR SALES YOY CHANGE
Brand	Jun 2023	Jun 2022	Change	% Change	Trend
Citroen	1,003	77	926	1202.60%
Honda	5,080	7,834	-2,754	-35.15%
Hyundai	50,001	49,001	1,000	2.04%
Jeep	493	1,963	-1,470	-74.89%
Kia	19,391	24,024	-4,633	-19.28%
Mahindra	32,585	26,640	5,945	22.32%
Maruti Suzuki	1,29,956	1,22,685	7,271	5.93%
MG	3,941	4,503	-562	-12.48%
Nissan	2,552	3,515	-963	-27.40%
Renault	5,450	9,317	-3,867	-41.50%
Skoda	3,966	6,023	-2,057	-34.15%
Tata	47,240	45,200	2,040	4.51%
Toyota	18,237	16,512	1,725	10.45%
Volkswagen	3,394	3,315	79	2.38%

Brand-Wise June 2023 Car Sales - MoM Change

Citroen was the top gaining brand in the MoM sales comparison, with a 24.44% growth in numbers. The other gainers in June MoM comparison were Renault with a 17.84% MoM growth and Skoda with 11.81% MoM growth in June.
Speaking of losers, Jeep was the top losing brand with a 33% decline in MoM dispatches in June compared to May.
The other notable losers in the MoM comparison were:
- MG with 21.27% drop
- Maruti Suzuki with 9.57% drop
- Toyota with 5.89% drop

BRAND-WISE JUNE 2023 CAR SALES MoM CHANGE
Brand	Jun 2023	May 2023	Change	% Change	Trend
Citroen	1,003	806	197	24.44%
Honda	5,080	4,660	420	9.01%
Hyundai	50,001	48,601	1,400	2.88%
Jeep	493	734	-241	-32.83%
Kia	19,391	18,766	625	3.33%
Mahindra	32,585	32,883	-298	-0.91%
Maruti Suzuki	1,29,956	1,43,708	-13,752	-9.57%
MG	3,941	5,006	-1,065	-21.27%
Nissan	2,552	2,618	-66	-2.52%
Renault	5,450	4,625	825	17.84%
Skoda	3,966	3,547	419	11.81%
Tata	47,240	45,880	1,360	2.96%
Toyota	18,237	19,379	-1,142	-5.89%
Volkswagen	3,394	3,286	108	3.29%

Car Brands — 6-Month Brand Sales Trend (Jan 2023 - June 2023)

BRAND-WISE 6 MONTH SALES TREND JAN 2023 - JUNE 2023
BRAND	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023	Jun 2023	6 Month Avg
Citroen	804	328	2,015	1,003	806	1,003	993
Honda	7,821	6,086	6,692	5,313	4,660	5,080	5,942
Hyundai	50,106	46,968	50,600	49,701	48,601	50,001	49,330
Jeep	685	719	680	558	734	493	645
Kia	28,634	24,600	21,501	23,216	18,766	19,391	22,685
Mahindra	33,040	30,221	35,976	34,694	32,883	32,585	33,233
Maruti Suzuki	1,47,348	1,47,467	1,32,763	1,37,338	1,43,708	1,29,956	1,39,763
MG	4,114	4,193	6,411	4,551	5,006	3,941	4,703
Nissan	2,803	2,184	3,260	2,617	2,618	2,552	2,672
Renault	3,008	6,616	5,389	4,323	4,625	5,450	4,902
Skoda	3,818	3,418	4,432	4,009	3,547	3,966	3,865
Tata	47,990	42,865	44,047	47,010	45,880	47,240	45,839
Toyota	12,728	15,267	18,582	14,162	19,379	18,237	16,393
Volkswagen	2,906	3,313	3,900	3,032	3,286	3,394	3,305

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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.