May 2023 Cars Sales Analysis – Overall Snapshot With YoY, MoM Change | V3Cars

23 June 2023
By Prathu Sharma
0

In this May 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:
1. Maruti Suzuki Baleno (B2-Hatch, 17,160)
2. Maruti Suzuki WagonR (B1-Hatch, 16,999)
3. Maruti Suzuki Swift (B1-Hatch, 16,762)
4. Tata Nexon (B2-SUV, 14,288)
5. Maruti Alto/Alto K10 (A-Hatch, 13,801)
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 4th out of 77 cars on sale in the Indian market currently.
Disregarding the numbers of low volume cars like Marazzo and Kona Electric, the MG ZS EV was the clear winner in terms of YoY gains in May. It recorded a YoY growth of about 362.58%. The MG ZS EV also reported a 202% growth in sales in May compared to April, which is a significant growth number for the EV.
The 10 top-gainers in the market in the YoY comparison analysis (including all cars) are :
1. Hyundai Tucson (37800.00%)
2. Kia EV6 (453.33%)
3. MG ZS EV (362.58%)
4. Toyota Hilux (361.54%)
5. MG Gloster (325.49)
6. Volkswagen Tiguan (216.67%)
7. Toyota Innova Hycross/Crysta (184.11%)
8. Hyundai Verna (147.78%)
9. Toyota Fortuner (143.83%)
10. Mahindra Scorpio Classic/Scorpio-N (114.31%)
The top selling brand for the month of May 2023 was Maruti Suzuki, with over 97 thousand units sold, which is about 0.48% higher from the previous month of April.
The total sales of brands in the month of May in comparison to the total sales in April are as follows:

Brand	May 2023	Apr 2023	Change	%MoM
Maruti Suzuki	97,115	96,654	461	0.48
Hyundai	48,601	49,701	-1,100	-2.21
Maruti Nexa	46,593	40,684	5,909	14.52
Tata	45,880	47,010	-1,130	-2.4
Mahindra	32,883	34,694	-1,811	-5.22
Toyota	19,379	14,162	5,217	36.84
Kia	18,766	23,216	-4,450	-19.17
MG	5,006	4,551	455	10
Honda	4,660	5,313	-653	-12.29
Renault	4,625	4,323	302	6.99
Skoda	3,547	4,009	-462	-11.52
Volkswagen	3,286	3,032	254	8.38
Nissan	2,618	2,617	1	0.04
Citroen	806	1,003	-197	-19.64
Jeep	734	558	176	31.54
Grand Total	3,34,499	3,31,527	2,972	0.9

Maruti’s supremacy over the Indian car market is such that Maruti would have to lose roughly half the units in sales to match the second best-selling brand, Hyundai.
The Baleno from Maruti Suzuki was the best-selling model in May, with almost 18,733 units sold.
The manufacturer with the least units sold in May was Jeep, with just 734 units, which is an improvement of 31.54% compared to April.
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 during the rest of 2023.

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Brand	Car Model	Dec 2022	Jan 2023	Feb 2023	Mar 2023	Apr 2023	May 2023	YoY%	MoM%	AVG
Citroen	C3	913	788	111	1,075	741	600	-	-19.03%	705
	C5 Aircross	19	16	4	52	10	6	-75.00%	-40.00%	18
	EC3	-	-	213	888	252	200	-	-20.63%	388
Honda	Amaze	3,614	5,580	4,123	3,996	3,393	3,128	-15.66%	-7.81%	3,972
	City	3,086	2,058	1,963	2,693	1,920	1,532	-57.77%	-20.21%	2,209
	Jazz	3	0	0	-	-	-	-	-	1
	WR-V	359	183	0	3	0	-	-	-	109
Hyundai	Alcazar	1,478	1,537	1,559	2,519	2,037	2,443	25.48%	19.93%	1,929
	Creta	10,205	15,037	10,421	14,026	14,186	14,449	31.68%	1.85%	13,054
	Grand i10 Nios	8,340	8,760	9,635	9,304	6,839	6,385	-30.13%	-6.64%	8,211
	i20	4,697	8,185	9,287	6,596	6,472	6,094	36.54%	-5.84%	6,889
	Ioniq 5	-	-	-	21	189	160	-	-15.34%	123
	Kona	120	40	0	0	0	84	31.25%	-	41
	Tucson	12	180	498	581	550	379	37800.00%	-31.09%	367
	Venue	8,285	10,738	9,997	10,024	10,342	10,213	23.05%	-1.25%	9,933
	Verna	1,538	995	47	3,755	4,001	3,687	147.78%	-7.85%	2,337
	Xcent + Aura	4,156	4,634	5,524	3,774	5,085	4,707	42.16%	-7.43%	4,647
Jeep	Compass	484	485	406	395	266	316	-65.95%	18.80%	392
Jeep	Meridian	285	200	313	285	292	418	-	43.15%	299
Kia	Carens	3,195	7,900	6,248	6,102	6,107	6,367	38.05%	4.26%	5,987
	Carnival	88	1,003	504	168	0	0	-100.00%	-	294
	EV6	134	0	0	0	152	83	453.33%	-45.39%	62
	Seltos	5,995	10,470	8,012	6,554	7,213	4,065	-31.72%	-43.64%	7,052
	Sonet	5,772	9,261	9,836	8,677	9,744	8,251	4.46%	-15.32%	8,590
Mahindra	Bolero + Neo	7,311	8,574	9,782	9,546	9,054	8,170	-6.81%	-9.76%	8,740
	KUV100	1	0	0	0	-	-	-	-	-
	Marazzo	171	164	171	490	0	33	-74.02%	-	172
	Scorpio Classic + Scorpio-N	7,003	8,715	6,950	8,788	9,617	9,318	114.31%	-3.11%	8,399
	Thar	3,374	4,410	5,004	5,008	5,302	4,296	33.87%	-18.97%	4,566
	XUV300	4,850	5,390	3,809	5,128	5,062	5,125	2.05%	1.24%	4,894
	XUV400	-	-	-	1,909	902	696	-	-22.84%	1,169
	XUV700	5,623	5,787	4,505	5,107	4,757	5,245	3.47%	10.26%	5,171
Maruti Nexa	Baleno	16,932	16,357	18,592	16,168	16,180	18,733	34.09%	15.78%	17,160
	Ciaz	1,154	1,000	792	300	1,017	992	69.28%	-2.46%	876
	Fronx	-	-	-	-	8,784	9,863	-	12.28%	9,324
	Grand Vitara	6,171	8,662	9,183	10,045	7,742	8,877	-	14.66%	8,447
	Ignis	5,241	5,842	4,749	2,760	4,101	4,551	-9.50%	10.97%	4,541
	XL6	3,364	2,582	2,108	1,754	2,860	3,577	-12.44%	25.07%	2,708
Maruti Suzuki	Alto + K10	8,648	21,411	18,114	9,139	11,548	9,368	-27.57%	-18.88%	13,038
	Brezza	11,200	14,359	15,787	16,227	11,836	13,398	29.93%	13.20%	13,801
	Celerio	1,090	3,418	4,458	4,646	4,890	3,216	-49.73%	-34.23%	3,620
	Dzire	11,997	11,317	16,798	13,394	10,132	11,315	-2.48%	11.68%	12,492
	Eeco	10,581	11,709	11,352	11,995	10,504	12,818	22.29%	22.03%	11,493
	Ertiga	12,273	9,750	6,472	9,028	5,532	10,528	-13.89%	90.31%	8,931
	S-Presso	1,117	4,035	3,761	2,443	2,562	2,868	-35.91%	11.94%	2,798
	Swift	12,061	16,440	18,412	17,559	18,753	17,346	22.73%	-7.50%	16,762
	WagonR	10,181	20,466	16,889	17,305	20,897	16,258	-3.31%	-22.20%	16,999
MG	Astor	1,687	958	1,020	1,511	704	592	-70.72%	-15.91%	1,079
	Gloster	111	244	101	247	281	217	325.49%	-22.78%	200
	Hector + Hector Plus	1,575	2,441	2,558	4,105	3,103	2,800	71.46%	-9.76%	2,764
	ZS EV	526	471	514	548	463	1,397	362.58%	201.73%	653
Nissan	Magnite	2,020	2,803	2,184	3,260	2,617	2,618	36.35%	0.04%	2,584
Renault	Kiger	2,096	1,153	1,802	1,568	1,162	1,713	24.13%	47.42%	1,582
	Kwid	1,827	59	1,758	1,283	1,082	797	-47.57%	-26.34%	1,134
	Triber	2,203	1,796	3,056	2,538	2,079	2,115	0.24%	1.73%	2,298
Skoda	Kodiaq	107	196	189	416	140	157	48.11%	12.14%	201
	Kushaq	2,186	2,013	1,783	2,252	2,162	1,685	-6.70%	-22.06%	2,014
	Octavia	129	100	82	86	0	0	-	-	66
	Slavia	2,257	1,413	1,274	1,574	1,586	1,695	-31.27%	6.87%	1,633
	Superb	110	96	90	104	121	10	-93.42%	-91.74%	89
Tata	Altroz	4,055	5,675	3,955	3,862	4,658	5,420	10.32%	16.36%	4,604
	Harrier	2,128	1,572	2,054	2,561	2,783	2,303	-17.57%	-17.25%	2,234
	Nexon	12,053	15,567	13,914	14,769	15,002	14,423	-1.31%	-3.86%	14,288
	Punch	10,586	12,006	11,169	10,894	10,934	11,124	8.62%	1.74%	11,119
	Safari	1,502	1,032	1,252	1,890	2,029	1,776	-20.79%	-12.47%	1,580
	Tiago	6,052	9,032	7,457	7,366	8,450	8,133	78.32%	-3.75%	7,748
	Tigor	3,669	3,106	3,064	2,705	3,154	2,701	-32.05%	-14.36%	3,067
Toyota	Camry	71	59	67	98	63	142	33.96%	125.40%	83
	Fortuner	1,603	3,698	3,426	3,108	2,578	2,887	143.83%	11.99%	2,883
	Glanza	4,465	3,327	4,223	3,365	3,653	5,179	75.44%	41.77%	4,035
	Hilux	5	1	15	223	269	300	361.54%	11.52%	136
	Hyryder	4,201	4,194	3,307	3,474	2,616	3,090	-	18.12%	3,480
	Innova Crysta/HyCross	36	1,427	4,169	8,075	4,837	7,776	184.11%	60.76%	4,387
	Vellfire	40	22	60	239	146	5	-88.64%	-96.58%	85
Volkswagen	Taigun	2,691	1,455	1,657	1,976	1,520	1,484	17.03%	-2.37%	1,797
	Tiguan	130	72	93	132	31	171	216.67%	451.61%	105
	Virtus	1,888	1,379	1,563	1,792	1,481	1,631	-25.08%	10.13%	1,622

You can also check out brand-wise, body type-wise and segment-wise full sales analysis for the month of May here : May 2023 Cars Sales Analysis - Full Analysis With YoY, MoM Change | V3Cars

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.