March 2023 Cars Sales Analysis - Overall Snapshot With YoY, MoM Change | V3Cars

24 April 2023
By Prathu Sharma
0

In this March 2023 detailed car sales analysis article, we’ll look at the YoY and MoM change in sales figures for each car and the YoY, MoM change each car witnessed in the same month.

We’ll also include sales figures from the last 6 months to give you an idea about the 6-month trend of each car on sale in India and share our observations.

Speaking of consistent performers over the last 6 months, top five cars ranked by the average sales over the last 6 months are:
- Maruti Suzuki Baleno (B2-Hatch, 17,691)
- Maruti Suzuki WagonR (B1-Hatch, 16,251)
- Maruti Suzuki Swift (B1-Hatch, 16,143)
- Maruti Alto/Alto K10 (A-Hatch, 15,706)
- Tata Nexon (B2-SUV, 14,324)
As it is clear from the numbers, Maruti holds the biggest market share owing to its consistently good selling cars. 4 out of 5 cars with best average sales for 6 months are from Maruti Suzuki.
Tata has done something right with their B2-segment SUV, the Nexon, as it stands 5th out of 78 cars on sale in the Indian market currently.
Disregarding the numbers of low volume cars like Marazzo and Kona Electric, the recently launched Hyundai Verna 2023 was the clear winner in terms of YoY gains in March. It recorded a YoY growth of about 137%.
The 10 top-gainers in the market in the YoY comparison analysis are:
- Hyundai Tucson (433.03%)
- Toyota Hilux (418.60%)
- Volkswagen Tiguan (325.81%)
- Skoda Kodiaq (232.80%)
- Hyundai Verna (136.76%)
- MG Hector/Hector Plus (103.32%)
- Tata Tiago (84.06%)
- MG ZS EV (81.46%)
- Mahindra Marazzo (75.63%)
- MG Gloster (62.50%)
The top selling brand for the month of March 2023 was Maruti Suzuki, with over 1 lakh 32 thousand units sold, which is about 10% lower from the previous month.
The total sales of brands in the month of March in comparison to the total sales in January are as follows:

Brand	Mar 2023	Feb 2023	Change	%MoM
Maruti Suzuki	1,32,763	1,47,467	-14,704	-9.97
Hyundai	50,600	46,968	3,632	7.73
Tata	44,047	42,865	1,182	2.76
Mahindra	35,976	30,221	5,755	19.04
Kia	21,501	24,600	-3,099	-12.60
Toyota	18,582	15,267	3,315	21.71
Honda	6,692	6,086	606	9.96
MG	6,411	4,193	2,218	52.90
Renault	5,389	6,616	-1,227	-18.55
Skoda	4,432	3,418	1,014	29.67
Volkswagen	3,900	3,313	587	17.72
Nissan	3,260	2,184	1,076	49.27
Citroen	2,015	328	1,687	514.33
Jeep	680	719	-39	-5.42
Grand Total	3,36,248	3,34,245	2,003

Maruti’s supremacy over the Indian car market is such that Maruti would have to lose over 83,000 units in sales to match the second best-selling brand, Hyundai.
The Swift from Maruti Suzuki was the best-selling model in March, with over 17,691 units sold.
The manufacturer with the least units sold in March was Jeep, with just 680 units.
In the last 6-9 months, we’ve witnessed a lot of action in the Indian auto industry with a bunch of new car launches, generation updates and mid-life refreshes. We can expect a lot more to happen in 2023.

Brand	Car Model	Oct 2022	Nov 2022	Dec 2022	Jan 2023	Feb 2023	Mar 2023	YoY%	MoM%	AVG
Citroen	C3	1,180	804	913	788	111	1,075	-	868.47	812
	EC3	-	-	-	-	213	888	-	316.90	551
	C5 Aircross	15	21	19	16	4	52	0.00	1,200.00	21
Honda	Amaze	5,443	3,890	3,614	5,580	4,123	3,996	33.73	-3.08	4,441
	City	3,250	2,711	3,086	2,058	1,963	2,693	-16.50	37.19	2,627
	WR-V	653	430	359	183	0	3	-98.80	-	271
	Jazz	197	20	3	0	0	-	-	-	55
Hyundai	Creta	11,880	13,321	10,205	15,037	10,421	14,026	33.18	34.59	12,482
	Venue	9,585	10,738	8,285	10,738	9,997	10,024	8.72	0.27	9,895
	Grand i10 Nios	8,855	7,961	8,340	8,760	9,635	9,304	-3.95	-3.44	8,809
	i20	7,814	7,236	4,697	8,185	9,287	6,596	40.55	-28.98	7,303
	Xcent + Aura	4,248	3,813	4,156	4,634	5,524	3,774	-0.03	-31.68	4,358
	Alcazar	2,847	2,566	1,478	1,537	1,559	2,519	0.68	61.58	2,084
	Verna	2,179	2,025	1,538	995	47	3,755	136.76	7,889.36	1,757
	Tucson	487	247	12	180	498	581	433.03	16.67	334
	Kona	106	95	120	40	0	0	-	-	60
	Ioniq 5	-	-	-	-	-	21	-	-	21
Jeep	Compass	732	550	484	485	406	395	-68.97	-2.71	509
Jeep	Meridian	404	344	285	200	313	285	-	-8.95	305
Kia	Seltos	9,777	9,284	5,995	10,470	8,012	6,554	-22.12	-18.20	8,349
	Sonet	7,614	7,834	5,772	9,261	9,836	8,677	26.28	-11.78	8,166
	Carens	5,479	6,360	3,195	7,900	6,248	6,102	-12.93	-2.34	5,881
	Carnival	301	419	88	1,003	504	168	-48.78	-66.67	414
	EV6	152	128	134	0	0	0	-	-	69
Mahindra	Bolero	8,772	7,984	7,311	8,574	9,782	9,546	37.87	-2.41	8,662
	Scorpio	7,438	6,455	7,003	8,715	6,950	8,788	44.99	26.45	7,558
	XUV700	5,815	5,701	5,623	5,787	4,505	5,107	-15.45	13.36	5,423
	XUV300	6,282	5,903	4,850	5,390	3,809	5,128	23.86	34.63	5,227
	Thar	3,666	3,987	3,374	4,410	5,004	5,008	28.64	0.08	4,242
	XUV400	-	-	-	-	-	1,909	-	-	1,909
	Marazzo	213	201	171	164	171	490	75.63	186.55	235
	Alturas G4	40	5	0	-	-	-	-	-	15
	E-Verito	0	28	0	0	0	0	-	-	5
	KUV100	0	2	1	0	0	0	-	-	1
Maruti Suzuki	Baleno	17,149	20,945	16,932	16,357	18,592	16,168	11.35	-13.04	17,691
	WagonR	17,945	14,720	10,181	20,466	16,889	17,305	-29.75	2.46	16,251
	Swift	17,231	15,153	12,061	16,440	18,412	17,559	28.89	-4.63	16,143
	Alto + K10	21,260	15,663	8,648	21,411	18,114	9,139	19.92	-49.55	15,706
	Dzire	12,321	14,456	11,997	11,317	16,798	13,394	-28.08	-20.26	13,381
	Brezza	9,941	11,324	11,200	14,359	15,787	16,227	30.45	2.79	13,140
	Ertiga	10,494	13,818	12,273	9,750	6,472	9,028	14.45	39.49	10,306
	Eeco	8,861	7,183	10,581	11,709	11,352	11,995	30.08	5.66	10,280
	Grand Vitara	8,052	4,433	6,171	8,662	9,183	10,045	-	9.39	7,758
	Ignis	4,743	5,087	5,241	5,842	4,749	2,760	-38.28	-41.88	4,737
	Celerio	4,296	2,483	1,090	3,418	4,458	4,646	-27.88	4.22	3,399
	S-Presso	3,676	2,588	1,117	4,035	3,761	2,443	-68.96	-35.04	2,937
	XL6	2,484	2,988	3,364	2,582	2,108	1,754	-12.30	-16.79	2,547
	Ciaz	1,884	1,554	1,154	1,000	792	300	-83.64	-62.12	1,114
MG	Hector + Hector Plus	1,630	1,773	1,575	2,441	2,558	4,105	103.32	60.48	2,347
	Astor	1,774	1,434	1,687	958	1,020	1,511	-32.78	48.14	1,397
	ZS EV	784	766	526	471	514	548	81.46	6.61	602
	Gloster	179	106	111	244	101	247	62.50	144.55	165
Nissan	Magnite	2,819	2,397	2,020	2,803	2,184	3,260	10.81	49.27	2,581
Nissan	Kicks	242	3	0	0	0	-	-	-	49
Renault	Triber	3,199	2,550	2,203	1,796	3,056	2,538	-28.73	-16.95	2,557
	Kiger	2,685	2,278	2,096	1,153	1,802	1,568	-37.18	-12.99	1,930
	Kwid	1,894	1,497	1,827	59	1,758	1,283	-47.87	-27.02	1,386
Skoda	Kushaq	1,691	2,009	2,186	2,013	1,783	2,252	-9.88	26.30	1,989
	Slavia	1,376	2,022	2,257	1,413	1,274	1,574	-40.94	23.55	1,653
	Kodiaq	55	138	107	196	189	416	232.80	120.11	184
	Superb	143	160	110	96	90	104	-42.22	15.56	117
	Octavia	124	104	129	100	82	86	-52.22	4.88	104
Tata	Nexon	13,767	15,871	12,053	15,567	13,914	14,769	3.17	6.14	14,324
	Punch	10,982	12,131	10,586	12,006	11,169	10,894	3.50	-2.46	11,295
	Tiago	7,187	5,097	6,052	9,032	7,457	7,366	84.06	-1.22	7,032
	Altroz	4,770	5,084	4,055	5,675	3,955	3,862	-18.30	-2.35	4,567
	Tigor	4,001	4,301	3,669	3,106	3,064	2,705	-32.49	-11.72	3,474
	Harrier	2,762	2,119	2,128	1,572	2,054	2,561	2.81	24.68	2,199
	Safari	1,751	1,437	1,502	1,032	1,252	1,890	-15.13	50.96	1,477
Toyota	Glanza	3,767	4,393	4,465	3,327	4,223	3,365	12.65	-20.32	3,923
	Hyryder	3,384	3,116	4,201	4,194	3,307	3,474	-	5.05	3,613
	Innova Crysta/HyCross	3,739	2,025	36	1,427	4,169	8,075	2.00	93.69	3,245
	Fortuner	2,031	1,967	1,603	3,698	3,426	3,108	4.16	-9.28	2,639
	Vellfire	88	109	40	22	60	239	-	298.33	93
	Camry	59	118	71	59	67	98	-18.33	46.27	79
	Hilux	75	37	5	1	15	223	418.60	1,386.67	59
Volkswagen	Taigun	2,355	1,979	2,691	1,455	1,657	1,976	-16.97	19.25	2,019
	Virtus	1,072	1,515	1,888	1,379	1,563	1,792	-	14.65	1,535
	Tiguan	83	76	130	72	93	132	325.81	41.94	98

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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.