March 2023 Cars Sales Analysis - Hatchback YoY, MoM Change, 6-Month Trend | V3Cars

In this March 2023 car sales analysis article, we’ll look at the YoY and MoM change in sales figures of all hatchbacks 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 hatchbacks for the last 6 months will give you an idea about their 6-month sales trend.

Hatchback Mar 2023 Sales Analysis

Hatchbacks Segment March 2023 Car Sales - YoY Change

  • In terms of sales, the B-segment hatchback was the best-selling segment in the Indian market
  • The Tiago was the best performing hatchback in March 2023 YoY comparison, with a 84% rise in dispatches as compared to March 2022
  • The i20 was the second best performing car in the category, with a 40.55% YoY growth in March 2023
  • Disregarding the cars that reported zero sales in March 2023, the S-Presso from Maruti was the biggest loser, with around 69% decline in sales. The Kwid was the second biggest loser with a 48% decline in dispatches in the March YoY comparison
  • The Ignis also reported a YoY decline of 38% in March
  • The cars that were discontinued are:
    • Honda Jazz (Discontinued in 2023)
    • Hyundai Santro (Discontinued in 2022)
    • Mahindra KUV100 (Discontinued in 2023)
    • Volkswagen Polo (Discontinued in 2022)

HATCHBACKS MARCH 2023 CAR SALES

YOY CHANGE

S.No.

Brand

Model

Segment

Mar 2023

Mar 2022

Change

%Change

Trend

1

Maruti Suzuki

Swift

B1

17,559

13,623

3,936

28.89%

2

Maruti Suzuki

WagonR

B1

17,305

24,634

-7,329

-29.75%

3

Maruti Suzuki

Baleno

B2

16,168

14,520

1,648

11.35%

4

Hyundai

Grand i10 Nios

B1

9,304

9,687

-383

-3.95%

5

Maruti Suzuki

Alto + K10

A

9,139

7,621

1,518

19.92%

6

Tata

Tiago

B1

7,366

4,002

3,364

84.06%

7

Hyundai

i20

B2

6,596

4,693

1,903

40.55%

8

Maruti Suzuki

Celerio

A

4,646

6,442

-1,796

-27.88%

9

Tata

Altroz

B2

3,862

4,727

-865

-18.30%

10

Toyota

Glanza

B2

3,365

2,987

378

12.65%

-

11

Maruti Suzuki

Ignis

B1

2,760

4,472

-1,712

-38.28%

12

Maruti Suzuki

S-Presso

A

2,443

7,870

-5,427

-68.96%

13

Renault

Kwid

A

1,283

2,461

-1,178

-47.87%

14

Hyundai

Ioniq 5

C

21

-

21

-

-

15

Mahindra

KUV100

B1

0

2

-2

-

-

16

Honda

Jazz

B2

-

125

-125

-

-

17

Hyundai

Santro

A

-

2,494

-2,494

-

-

18

Volkswagen

Polo

B2

-

1,086

-1,086

-

-

Hatchback Segment March 2023 Car Sales - MoM Change

  • The Swift claimed the top spot, with over 17,500 units sold in the month of March.
  • Most cars in the category reported an MoM decline in March, except Celerio with 4.22% and WagonR with 2.46%.
  • The Alto pair emerged as the top MoM loser in the month of March, with about 50% decline in dispatch numbers.
  • Among the notable MoM losers were the I20, S-Presso and Ignis, with their dispatches declining by around 29%, 35% and 42% respectively.

HATCHBACKS MARCH 2023 CAR SALES

MOM CHANGE

S.No.

Brand

Model

Segment

Mar 2023

Feb 2023

Change

%Change

Trend

1

Maruti Suzuki

Swift

B1

17,559

18,412

-853

-4.63%

2

Maruti Suzuki

WagonR

B1

17,305

16,889

416

2.46%

3

Maruti Suzuki

Baleno

B2

16,168

18,592

-2,424

-13.04%

4

Hyundai

Grand i10 Nios

B1

9,304

9,635

-331

-3.44%

5

Maruti Suzuki

Alto + K10

A

9,139

18,114

-8,975

-49.55%

6

Tata

Tiago

B1

7,366

7,457

-91

-1.22%

7

Hyundai

i20

B2

6,596

9,287

-2,691

-28.98%

8

Maruti Suzuki

Celerio

A

4,646

4,458

188

4.22%

9

Tata

Altroz

B2

3,862

3,955

-93

-2.35%

10

Toyota

Glanza

B2

3,365

4,223

-858

-20.32%

11

Maruti Suzuki

Ignis

B1

2,760

4,749

-1,989

-41.88%

12

Maruti Suzuki

S-Presso

A

2,443

3,761

-1,318

-35.04%

13

Renault

Kwid

A

1,283

1,758

-475

-27.02%

14

Hyundai

Ioniq 5

C

21

-

21

-

-

Hatchback Cars — 6-Month Sales Trend (Oct 2022 - Mar 2023)

HATCHBACK CARS 6 MONTH SALES TREND

OCT 2022 - MAR 2023

Brand

Model

Oct 2022

Nov 2022

Dec 2022

Jan 2023

Feb 2023

Mar 2023

6 Month Avg

Maruti Suzuki

Alto + K10

21,260

15,663

8,648

21,411

18,114

9,139

15,706

Tata

Altroz

4,770

5,084

4,055

5,675

3,955

3,862

4,567

Maruti Suzuki

Baleno

17,149

20,945

16,932

16,357

18,592

16,168

17,691

Maruti Suzuki

Celerio

4,296

2,483

1,090

3,418

4,458

4,646

3,399

Toyota

Glanza

3,767

4,393

4,465

3,327

4,223

3,365

3,923

Hyundai

Grand i10 Nios

8,855

7,961

8,340

8,760

9,635

9,304

8,809

Hyundai

i20

7,814

7,236

4,697

8,185

9,287

6,596

7,303

Maruti Suzuki

Ignis

4,743

5,087

5,241

5,842

4,749

2,760

4,737

Hyundai

Ioniq 5

-

-

-

-

-

21

21

Honda

Jazz

197

20

3

0

-

-

55

Mahindra

KUV100

0

2

1

0

0

0

1

Renault

Kwid

1,894

1,497

1,827

59

1,758

1,283

1,386

Maruti Suzuki

S-Presso

3,676

2,588

1,117

4,035

3,761

2,443

2,937

Maruti Suzuki

Swift

17,231

15,153

12,061

16,440

18,412

17,559

16,143

Tata

Tiago

7,187

5,097

6,052

9,032

7,457

7,366

7,032

Maruti Suzuki

WagonR

17,945

14,720

10,181

20,466

16,889

17,305

16,251

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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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