November 2023 Maruti Suzuki, Nexa Car Sales Analysis – YoY, MoM Change, 6-Month Trend | V3Cars
In this November 2023 Maruti Suzuki Cars sales analysis article, we’ll look at the car sales of Arena and Nexa for the previous month. We’ll also compare the YoY and MoM change to find out which Maruti cars’ sales improved and which ones declined.
November 2023 - Maruti Suzuki Arena & Nexa Car Sales Figures - YoY Change
- Top Gainers:
- Grand Vitara (SUV) - 79.04% Increase: Grand Vitara stands out as the top gainer with a remarkable 79.04% increase in sales, showcasing a strong demand for fuel efficient utility vehicles.
- Eeco (MPV) - 42.36% Increase: Eeco emerges as the second-highest performer, experiencing a notable 42.36% surge in sales, indicative of a robust demand for versatile and fuel-efficient multipurpose vehicles.
- Brezza (SUV) - 18.27% Increase: Brezza, in the SUV segment, experiences a notable 18.27% increase in sales, indicating sustained popularity in this competitive category.
- Jimny (SUV) - Significant Increase: Jimny shows a significant increase in sales; however, the exact percentage is not calculable due to missing data for November 2022.
- WagonR (Hatch) - 12.55% Increase: WagonR, a popular hatchback, maintains positive growth with a 12.55% increase in sales, affirming its consistent appeal.
- Top Losers:
- Baleno (Hatch) - 38.12% Decrease: Baleno experiences a substantial 38.12% decrease in sales, suggesting a need for potential marketing strategies or adjustments to meet market demands.
- Ignis (Hatch) - 67.37% Decrease: Ignis registers a significant 67.37% decrease in sales, indicating a decline in consumer interest, possibly due to evolving market preferences.
- Ciaz (Sedan) - 82.11% Decrease: Ciaz faces the most significant decline with an 82.11% decrease in sales, signifying a challenging period for this sedan model.
- Observations:
- Segment-wise Performance:
- The MPV segment, represented by Eeco and Ertiga, shows positive trends, emphasizing the sustained demand for multipurpose vehicles.
- SUVs, including Brezza and Jimny, continue to capture consumer interest with notable YoY growth.
- Hatchback Challenges:
- Baleno and Ignis, both hatchback models, face considerable declines, reflecting potential challenges in the hatchback segment that may require strategic interventions.
- Model-Specific Considerations:
- Models like Fronx, Jimny, and Invicto lack YoY comparison data for November 2022, making it challenging to assess their performance trends accurately.
- Market Dynamics:
- The variations in sales performance underscore the dynamic nature of the automotive market, influenced by factors such as consumer preferences, competition, and economic conditions.
- Potential Areas for Improvement:
- Models experiencing a decline may benefit from revisiting marketing strategies, exploring feature enhancements, or adapting to changing consumer expectations.
- Segment-wise Performance:
Also Read: June 2023 - Maruti Nexa Jimny Petrol Variants Explained - Which One To Buy?
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November 2023 - Maruti Suzuki Arena & Nexa Car Sales Figures - MoM Change
- Top Gainers:
- Dzire (B2 Sedan): Recorded a significant increase of 8.61% in sales from October to November 2023.
- Top Losers:
- Ignis (B1 Hatch): Experienced a substantial decline of 30.08%, reflecting a challenge in its market performance.
- Ciaz (C2 Sedan): Underwent a notable drop of 60.00%, indicating a significant shift in consumer preferences.
- Other Observations:
- WagonR (B1 Hatch): Despite a decrease of 24.97%, WagonR maintains a substantial market share.
- Brezza (B2 SUV): Experienced a moderate decline of 16.55%, suggesting stable performance in the SUV segment.
- Eeco (A MPV): Despite being among the top losers, Eeco remains a popular choice, showcasing a robust demand for multipurpose vehicles.
- XL6 (C2 MPV) and Jimny (B2 SUV): Both models experienced a decrease, but it's noteworthy that they belong to segments with distinct market dynamics.
- Overall Trend: Most segments faced challenges, with multiple models showing declines.
- These insights are based on the observed trends in November 2023 compared to October 2023, providing a snapshot of the dynamic automotive market.
Also read: June 2023 - Maruti Nexa Baleno Petrol, CNG Variants Explained - Which One To Buy?
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Maruti Suzuki Arena & Nexa — 6-Month Sales Trend (June 2023 - Nov 2023)
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Note: Calculate Car Fuel Cost with V3Cars for India and Other Countries
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Maruti Suzuki Cars in India
Swift
₹6.49 - ₹9.64 lakh*
*Ex-showroom priceAlto K10
₹3.99 - ₹5.96 lakh*
*Ex-showroom priceS-Presso
₹4.27 - ₹6.12 lakh*
*Ex-showroom priceBrezza
₹8.34 - ₹13.98 lakh*
*Ex-showroom priceErtiga
₹8.69 - ₹13.03 lakh*
*Ex-showroom priceWagon R
₹5.55 - ₹7.21 lakh*
*Ex-showroom priceCelerio
₹5.37 - ₹7.05 lakh*
*Ex-showroom priceDzire
₹6.57 - ₹9.34 lakh*
*Ex-showroom priceEeco
₹5.32 - ₹6.79 lakh*
*Ex-showroom priceUpcoming Maruti Suzuki Cars
New Dzire
₹6.50 - ₹10.50 lakh*
*Expected PriceExpected Launch Nov 2024
WagonR Flex
₹6.00 - ₹8.00 lakh*
*Expected PriceExpected Launch Apr 2025
Brezza Matte
₹8.00 - ₹14.00 lakh*
*Expected PriceExpected Launch Oct 2025
XL5
₹8.00 - ₹12.00 lakh*
*Expected PriceExpected Launch Jun 2026
Hustler EV
₹10.00 - ₹13.00 lakh*
*Expected PriceExpected Launch Jan 2027
Solio
₹5.50 - ₹7.50 lakh*
*Expected PriceExpected Launch May 2027
Swift Hybrid
₹10.00 - ₹13.00 lakh*
*Expected PriceExpected Launch Jun 2027
WagonR EV
₹10.00 - ₹13.00 lakh*
*Expected PriceExpected Launch Oct 2027
Alto-Sized EV
₹10.00 - ₹14.00 lakh*
*Expected PriceExpected Launch Sep 2028
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