May 2023 Cars Sales Analysis - Hatchback 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 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.
Hatchbacks Segment May 2023 Car Sales - YoY Change
- In terms of sales, the B1-hatcback segment was the best-selling segment in the Indian market. 52,673 out of 1,04,508 hatchbacks were B1-segment cars, which makes up to about 50% of the total sales of the hatchbacks in the month of May.
- The Baleno was the best performing hatchback in May 2023 YoY comparison, with a 34% rise in dispatches as compared to May 2022.
- The Tiago was the second best performing car in the category, with a 78.32% YoY growth in May 2023.
- Tiago was closely followed by the Glanza hatchback from Toyota with a 75.44% YoY growth in May 2023 compared to May 2022.
- The Celerio from Maruti was the biggest loser, with around 49.73% decline in sales. The Kwid was the second biggest loser with a 47.57% decline in dispatches in the May YoY comparison.
- The S-Presso also reported a YoY decline of 36% in May
- The cars that were discontinued are:
- Honda Jazz (Discontinued in 2023)
- Hyundai Santro (Discontinued in 2022)
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Hatchback Segment May 2023 Car Sales - MoM Change
- The Baleno claimed the top spot, with about 19,700 units sold in the month of May.
- Most cars in the category reported an MoM drop in May. The exceptions were:
- Glanza with 41.77% rise
- Altroz with 16.36% rise
- Baleno with 15.78% rise
- S-Presso with 11.94% rise
- Ignis with 10.97% rise
- Toyota Glanza was the top gainer for the May comparison.
- The Celerio emerged as the top MoM loser in the month of May with a 34.23% drop in dispatches in May compared to April.
- The other notable losers were:
- Kwid with 26.34% drop
- WagonR with 22.20% drop
- Alto pair with 18.88% drop
- Ioniq 5 with 15.34% drop
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Hatchback Cars — 6-Month Sales Trend (Dec 2022 - May 2023)
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