Kia Carnival Production Witnesses Wild Swings In Dec 2022, Jan 2023 | V3Cars

Kia Carnival hit its all-time low production numbers in December 2022. This was the only time it went into the double digits, as only 88 units moved off the factory premises. Then, it witnessed a strong rebound in January, hitting a fresh all-time high record of 1,003 units. This was the only time the Carnival achieved a monthly production figure of more than 1,000 units.

Kia Carnival

Here’s the 6-month sales data of all Kia cars to help you gauge the sales trend:

KIA CARS 6 MONTH SALES TREND

AUG 2022 - JAN 2023

Model

Aug 2022

Sep 2022

Oct 2022

Nov 2022

Dec 2022

Jan 2023

Carens

5,558

5,233

5,479

6,360

3,195

7,900

Carnival

274

333

301

419

88

1,003

EV6

0

0

152

128

134

0

Seltos

8,652

11,000

9,777

9,284

5,995

10,470

Sonet

7,838

9,291

7,614

7,834

5,772

9,261

I’ve highlighted the sales numbers of cars, which saw a substantial drop in December 2022 and then shot up in Jan 2023. Then, I started looking for such patterns in other cars and I found some interesting stuff. While some massmarket cars witnessed an unusual dip in December 2022 dispatches, they recovered in January 2023 with an equally unusual rise in production numbers.

Take look at the cars that saw a notable drop in December 2022 and then a substantial increase in January 2023:

LAST 6 MONTH SALES TREND

AUG 2022 - JAN 2023

HYUNDAI

Model

Aug 2022

Sep 2022

Oct 2022

Nov 2022

Dec 2022

Jan 2023

Creta

12,577

12,866

11,880

13,321

10,205

15,037

i20

7,558

7,275

7,814

7,236

4,697

8,185

Venue

11,240

11,033

9,585

10,738

8,285

10,738

MARUTI SUZUKI

Model

Aug 2022

Sep 2022

Oct 2022

Nov 2022

Dec 2022

Jan 2023

Alto 800 + K10

14,388

24,844

21,260

15,663

8,648

21,411

Celerio

5,852

5,390

4,296

2,483

1,090

3,418

Swift

11,275

11,988

17,231

15,153

12,061

16,440

WagonR

18,398

20,078

17,945

14,720

10,181

20,466

TATA

Model

Aug 2022

Sep 2022

Oct 2022

Nov 2022

Dec 2022

Jan 2023

Nexon

15,085

14,518

13,767

15,871

12,053

15,567

Punch

12,006

12,251

10,982

12,131

10,586

12,006

This pattern was not exclusive to the Kia Carnival or Kia cars in general. We can see this same thing with many more cars. Why’s that?

What’s The Reason Behind These Fluctuations? V3Cars Insights

Possible Reason 1

When we buy cars, we usually associate the age of the car with the year of production. If the cars rolled off the factory in December 2022, then they would, forever, carry that number on their registration certificates. This easily knocks off a respectable percentage during the resale compared to a January 2023 car, which comes across as a newer model despite only 1 month age difference.

So, the demand in December is lower than most other months as people wait for January 2023 cars to start arriving at dealerships. To balance that demand and supply scale, the manufacturers often hold back the cars at the plants and dispatch them in January.

These cars may not necessarily have rolled off the production line in January. But if they move off the factory premises in January, then they earn the right to carry the Jan 2023 markings in their Vehicle Identification Number (VIN).

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Possible Reason 2

The other reason is that many carmakers saw healthy production numbers in 2022 because of high demand. Now, if they fulfilled it all by the end of 2022, then there’s potential for seeing a drop in YoY numbers. There are benefits to presenting an uptrending trajectory of growth (or at least suffer less YoY drop) in case the economy shrinks in 2023.

Holding some of the production numbers for 2023 dispatches helps with masking some of the damages in the balance sheets in the event of an economic downturn. If things remain healthy, then it opens up the possibility of demonstrating a growth, even if the demand remained flat or took a slight dip.

Also Read: Tata Quarterly Car Sales Analysis - Q4 2022 | QoQ, YoY Change

Maruti Suzuki Car Sales Analysis - YoY, MoM, 6-Month Trend | January 2023

Maruti Suzuki Quarterly Car Sales Analysis - Q4 2022 | QoQ, YoY Change

Note: Check your car’s fuel cost with Fuel Cost Calculator in India

ABOUT THE AUTHOR

Mahesh Yadav

Mahesh is a fan of compact, quirky and underrated vehicles that punch above their weight. Multix, Nano and Navi are his favorites.

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