May 2023 Cars Sales Analysis - Sedan 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 sedans 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 sedans for the last 6 months will give you an idea about their 6-month sales trend.
Sedans May 2023 Car Sales - YoY Change
- The Dzire maintained its top spot among sedan sales in May 2023, but reported a drop of 2.48% in YoY comparison
- It looks like even in the foreseeable future, the Dzire will remain the only sedan to achieve a 5-figure monthly sales figure as its sales in May is more than double of the next best-selling car in the category, the Xcent/Aura pair
- Among the sedans, the Verna witnessed a 148% YoY gain, making it the top gainer
- The other YoY gainers in the sedan category were Maruti Ciaz with a 69.28% growth and the Xcent/Aura pair with a 42.16% growth
- The Honda City was the top loser among l high-volume cars in the category with a 57.77% YoY decline in sales numbers
- Among other mass market losers in the category, the Tigor and Slavia were the next top loser with around 32% decline in sales, followed by Virtus with around 25% YoY drop in numbers in May 2023
- Volkswagen Vento, Mahindra E-Verito and Skoda Octavia were discontinued over the past year
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Sedan May 2023 Car Sales - MoM Change
- Most cars in the category saw a decline in the MoM comparison for May
- The only gainers were Toyota Camry, Maruti Dzire, Volkswagen Virtus and Skoda Slavia
- Among the high-volume cars listed here, Dzire and Virtus both reported a growth of around 10-11%, whereas Slavia posted a growth of 6.87%
- Although Toyota Camry reported a growth of over 125% in May MoM comparison analysis, it should be noted that its dispatch numbers are in mere hundreds in May and was just 63 in April
- Talking about the MoM losers in May, City topped the chart with a 20.21% decline, followed by the Tigor with a 14.36% drop
- Amaze, Verna and Xcent/Aura pair reported similar losses of around 7-8% in May MoM comparison
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Sedan Cars — 6-Month Sales Trend (Dec 2022 - May 2023)
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