May 2023 Cars Sales Analysis - B2-Segment SUV YoY, MoM Change, 6-Month Trend | V3Cars

In this May 2023 car sales analysis article, we’ll look at the YoY and MoM change in sales figures of all B2-segment SUVs 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 of all B2-segment SUVs for the last 6 months will give you an idea about the 6-month sales trend.

B2-Segment SUV

B2-Segment SUV May 2023 Car Sales - YoY Change

  • Among B2-segment SUVs, Nexon was the top-selling car with over 14,400 units sold in May 2023 compared to 14,600 in May 2022, which is a YoY drop of 1.31%.
  • Nissan Magnite emerged as the top gainer in the category with a YoY growth of 36.35%. About 2,618 units of the Magnite were sold by Nissan in May 2023 compared to 1,920 units in May of 2022.
  • Mahindra Thar was the second top gainer in the category, with a 34% YoY growth in May comparison.
  • The Bolero pair was the only loser in May 2023 YoY comparison apart from Nexon, with a decline of about 7% compared to May 2022.
  • Honda have discontinued the WR-V.
  • Toyota have discontinued the Urban Cruiser.
  • Three new cars were introduced in the category - the C3 and eC3 by Citroen and XUV400 by Mahindra.

B2-SEGMENT SUV MAY 2023 CAR SALES

YOY CHANGE

S.No.

Brand

Model

May 2023

May 2022

Change

%Change

Trend

1

Tata

Nexon

14,423

14,614

-191

-1.31%

2

Maruti Suzuki

Brezza

13,398

10,312

3,086

29.93%

3

Hyundai

Venue

10,213

8,300

1,913

23.05%

4

Maruti Nexa

Fronx

9,863

-

9,863

-

-

5

Kia

Sonet

8,251

7,899

352

4.46%

6

Mahindra

Bolero + Neo

8,170

8,767

-597

-6.81%

7

Mahindra

XUV300

5,125

5,022

103

2.05%

8

Mahindra

Thar

4,296

3,209

1,087

33.87%

9

Nissan

Magnite

2,618

1,920

698

36.35%

10

Renault

Kiger

1,713

1,380

333

24.13%

11

Mahindra

XUV400

696

0

696

-

-

12

Citroen

C3

600

0

600

-

-

13

Citroen

EC3

200

0

200

-

-

14

Honda

WR-V

-

546

-546

-100%

-

15

Toyota

Urban Cruiser

-

3,128

-3,128

-100%

-

B2-Segment SUV May 2023 Car Sales - MoM Change

  • The Brezza, Nexon and Venue were the only cars in the category with 5-figure sales numbers in May.
  • XUV400 was the top losing car with nearly 23% MoM decline
  • Renault Kiger was the top gainer in the category, with a 47.42% MoM growth in monthly dispatches in May 2023.
  • Kiger was followed by Brezza, with a 13.20% MoM growth in May 2023.

B2-SEGMENT SUV MAY 2023 CAR SALES

MOM CHANGE

S.No.

Brand

Model

May 2023

Apr 2023

Change

%Change

Trend

1

Tata

Nexon

14,423

15,002

-579

-3.86%

2

Maruti Suzuki

Brezza

13,398

11,836

1,562

13.2%

3

Hyundai

Venue

10,213

10,342

-129

-1.25%

4

Maruti Nexa

Fronx

9,863

8,784

1,079

12.28%

5

Kia

Sonet

8,251

9,744

-1,493

-15.32%

6

Mahindra

Bolero + Neo

8,170

9,054

-884

-9.76%

7

Mahindra

XUV300

5,125

5,062

63

1.24%

8

Mahindra

Thar

4,296

5,302

-1,006

-18.97%

9

Nissan

Magnite

2,618

2,617

1

0.04%

10

Renault

Kiger

1,713

1,162

551

47.42%

11

Mahindra

XUV400

696

902

-206

-22.84%

12

Citroen

C3

600

741

-141

-19.03%

13

Citroen

EC3

200

252

-52

-20.63%

B2-Segment SUV — 6-Month Sales Trend (Dec 2022 - May 2023)

B2-SEGMENT SUV 6 MONTH SALES TREND

DEC 2022 - MAY 2023

Brand

Model

Dec 2022

Jan 2023

Feb 2023

Mar 2023

Apr 2023

May 2023

6 Month Avg

Mahindra

Bolero + Neo

7,311

8,574

9,782

9,546

9,054

8,170

8,740

Maruti Suzuki

Brezza

11,200

14,359

15,787

16,227

11,836

13,398

13,801

Citroen

C3

913

788

111

1,075

741

600

705

Citroen

EC3

-

-

213

888

252

200

388

Maruti Nexa

Fronx

-

-

-

-

8,784

9,863

9,324

Renault

Kiger

2,096

1,153

1,802

1,568

1,162

1,713

1,582

Nissan

Magnite

2,020

2,803

2,184

3,260

2,617

2,618

2,584

Tata

Nexon

12,053

15,567

13,914

14,769

15,002

14,423

14,288

Kia

Sonet

5,772

9,261

9,836

8,677

9,744

8,251

8,590

Mahindra

Thar

3,374

4,410

5,004

5,008

5,302

4,296

4,566

Toyota

Urban Cruiser

0

0

0

-

-

-

0

Hyundai

Venue

8,285

10,738

9,997

10,024

10,342

10,213

9,933

Honda

WR-V

359

183

0

3

0

-

109

Mahindra

XUV300

4,850

5,390

3,809

5,128

5,062

5,125

4,894

Mahindra

XUV400

-

-

-

1,909

902

696

1,169

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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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