May 2023 Car Sales Analysis - Bodystyle-Wise YoY, MoM Change, 6-Month Trend | V3Cars

21 June 2023
By Prathu Sharma
0

In this May 2023 cars sales analysis article, we’ll look at the bodystyle-wise sales figures along with the YoY and MoM change for each carmaker 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, where applicable. Lastly, the table with monthly sales of all body styles for the last 6 months will give you an idea about their 6-month sales trend.
In this May 2023 cars sales analysis article, we’ll look at the bodystyle-wise sales figures along with the YoY and MoM change for each carmaker 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, where applicable. Lastly, the table with monthly sales of all body styles for the last 6 months will give you an idea about their 6-month sales trend.

May 2023 Sales Analysis Bodystyle-wise YoY, MoM Change

Body-Wise May 2023 Car Sales - YoY Change

Pickups witnessed the biggest YoY growth of over 360% in May 2023 compared to May 2022.
The SUV was the best-selling bodystyle in India. It was followed by hatchbacks, which saw a 0.28% growth in sales in May 2023 compared to May 2022.
Only sedans saw a decline in the YoY comparison analysis. Sedan sales dropped by 5.28% in May 2023 compared to May 2022.
MPVs saw a 17.89% rise in sales in May YoY comparison analysis.

BODY-WISE MAY 2023 CAR SALES YOY CHANGE
S.No.	Body Style	May 2023	May 2022	Change	% Change	Trend
1	Hatch	1,04,508	1,04,212	296	0.28%
2	Sedan	31,540	33,297	-1,757	-5.28%
3	SUV	1,54,932	1,19,851	35,081	29.27%
4	MPV	43,219	36,662	6,557	17.89%
5	Pickup	300	65	235	361.54%

Body-Wise May 2023 Car Sales - MoM Change

MPVs were the top gainer by reporting a 35% rise in MoM comparison to April sales figures
Pickups were the other gainers in the comparison with a 11.52% growth in sales over April
Among the losers, hatchbacks were the top losing bodystyle with 5.23% MoM decline in May compared to April
Sedans reported a drop of 1.29% in MoM sales comparison, whereas SUVs reported a 1.30% decline.

BODY-WISE MAY 2023 CAR SALES MOM CHANGE
S.No.	Body Style	May 2023	Apr 2023	Change	% Change	Trend
1	Hatch	1,04,508	1,10,274	-5,766	-5.23%
2	Sedan	31,540	31,953	-413	-1.29%
3	SUV	1,54,932	1,56,966	-2,034	-1.30%
4	MPV	43,219	32,065	11,154	34.79%
5	Pickup	300	269	31	11.52%

Body-Wise — 6-Month Sales Trend (Dec 2022 - May 2023)

BODY-WISE 6 MONTH SALES TREND DEC 2022 - MAY 2023
Body-Type	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023	6 Month Avg
Hatch	84,710	1,23,007	1,21,290	1,01,817	1,10,274	1,04,508	1,05,183
Sedan	33,669	31,737	35,387	34,271	31,953	31,540	31,947
SUV	1,24,795	1,54,707	1,43,413	1,59,548	1,56,966	1,54,932	1,46,583
MPV	31,951	36,353	34,140	40,389	32,065	43,219	36,726
Pickup	5	1	15	223	269	300	92

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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.