May 2023 Cars Sales Analysis - C-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 C-segment SUVs 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 C-segment SUVs for the last 6 months will give you an idea about the 6-month sales trend.
C-Segment SUV May 2023 Car Sales - YoY Change
- Among the high-volume cars from the category, the Creta was the top-selling SUV in the segment in May. About 14,500 units of the Creta were sold in May 2023 compared to just about 11,000 units in May 2022, which is a growth of 31.68%.
- The other two notable gainers were MG ZS EV and Volkswagen Tiguan, with 362% and 217% YoY gains in May comparison.
- MG ZS EV was the top gainer in the category in YoY comparison analysis for May.
- The top-losing car was MG Astor with a 70.72% drop in YoY comparison, closely followed by Jeep Compass with 66% YoY drop in May 2023 comparison analysis.
- Next in line in the top list of losers was Kia Seltos, with a 31.72% YoY drop. It was followed by Hyundai Alcazar with a 25.48% decline in YoY comparison..
- Nissan Kicks and Maruti S-Cross have been discontinued by their respective manufacturers in the past 12 months.
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C-Segment SUV May 2023 Car Sales - MoM Change
- 5 cars out of 14 reported a drop in MoM comparison in the May comparison analysis, which were Kia Seltos, Skoda Kushaq, Tata Harrier, MG Astor and Kia Seltos.
- Kia Seltos was the top MoM loser, with a 43.64% drop in sales over April 2023.
- Skoda Kushaq reported a drop of 22% in MoM comparison for May over April
- Speaking of MoM gainers in May comparison, MG ZS EV reported 200%+ gain, which was the steepest rise in monthly dispatches, ignoring the numbers for Tiguan, of which only 31 units were dispatched in April.
- MG ZS EV was followed by Hyundai Alcazar with a 20% rise, Toyota Hyryder and Jeep Compass with 18-19% MoM rise in numbers.
- Hyundai Kona reported zero dispatches till April. However, in May, 84 units of the EV were dispatched by Hyundai.
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C-Segment SUV — 6-Month Sales Trend (Dec 2022 - May 2023)
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