October 2022 Car Sales Analysis - Brand-Wise YoY, MoM Change, 6-Month Trend | V3Cars

13 November 2022
By Prathu Sharma
0

In this October 2022 car sales analysis article, we’ll look at the manufacturer-wise sales figures along with the YoY and MoM change for each carmaker in India. We’ll also include our observations based on the sales data and possible reasons behind a massive increase or drop in sales, where applicable. Lastly, the table with monthly sales for the last 6 months will give you an idea about the 6-month sales trend of car sales for all manufacturers.

Brand-Wise October 2022 Car Sales - YoY Change

In terms of percentage, Citroen posted the best YoY improvement of 1767% because of the low numbers in October 2021. It is worth noting that Citroen is not yet a mass volume manufacturer in India.
Among the mass volume carmakers, Mahindra posted the best growth in October YoY comparison, with a 60.86% rise in sales.
MG posted the second best YoY growth of around 52%.
The only losers were Nissan, Jeep and Renault with 15.42%, 14% and 12.7% decline in YoY dispatch numbers in October, respectively.
Most brands posted a healthy YoY gain in dispatch numbers
Datsun as a brand stopped producing cars over the past year.

BRAND-WISE OCTOBER 2022 CAR SALES YOY CHANGE
Brand	Oct 2022	Oct 2021	Change	% Change
Citroen	1,195	64	1,131	1767.19%
Datsun	0	294	-294	-100%
Honda	9,543	8,108	1,435	17.7%
Hyundai	48,001	37,021	10,980	29.66%
Jeep	1,136	1,324	-188	-14.2%
Kia	23,323	16,331	6,992	42.81%
Mahindra	32,226	20,034	12,192	60.86%
Maruti Suzuki	1,40,337	1,08,991	31,346	28.76%
MG	4,367	2,863	1,504	52.53%
Nissan	3,061	3,619	-558	-15.42%
Renault	7,778	8,910	-1,132	-12.7%
Skoda	3,389	3,065	324	10.57%
Tata	45,220	33,926	11,294	33.29%
Toyota	13,143	12,440	703	5.65%
Volkswagen	3,510	3,077	433	14.07%

Brand-Wise October 2022 Car Sales - MoM Change

In terms of MoM change, 10 out of 14 brands saw a decline in sales in October over September 2022. The remaining 4 saw a growth or remained fairly consistent in dispatch numbers as the previous month.
Toyota were the top loser with a 17% lower MoM dispatch figure.
MG were the top MoM gainer, with a 13% growth.

BRAND-WISE OCTOBER 2022 CAR SALES MoM CHANGE
Brand	Oct 2022	Sep 2022	Change	% Change
Citroen	1,195	1,386	-191	-15.98%
Honda	9,543	8,714	829	8.69%
Hyundai	48,001	49,700	-1,699	-3.54%
Jeep	1,136	1,116	20	1.76%
Kia	23,323	25,857	-2,534	-10.86%
Mahindra	32,226	34,010	-1,784	-5.54%
Maruti Suzuki	1,40,337	1,48,380	-8,043	-5.73%
MG	4,367	3,808	559	12.8%
Nissan	3,061	3,177	-116	-3.79%
Renault	7,778	7,623	155	1.99%
Skoda	3,389	3,543	-154	-4.54%
Tata	45,220	47,655	-2,435	-5.38%
Toyota	13,143	15,378	-2,235	-17.01%
Volkswagen	3,510	4,103	-593	-16.89%

Car Brands — 6-Month Brand Sales Trend (May 2022 - Oct 2022)

BRAND-WISE 6 MONTH SALES TREND MAY 2022 - OCT 2022
BRAND	May 2022	Jun 2022	Jul 2022	Aug 2022	Sep 2022	Oct 2022
Citroen	24	77	575	850	1,386	1,195
Honda	8,188	7,834	6,784	7,769	8,714	9,543
Hyundai	42,293	49,001	50,500	49,510	49,700	48,001
Jeep	928	1,963	1,150	1,321	1,116	1,136
Kia	18,718	24,024	22,022	22,322	25,857	23,323
Mahindra	26,650	26,640	27,862	29,615	34,010	32,226
Maruti Suzuki	1,24,474	1,22,685	1,42,849	1,34,166	1,48,380	1,40,337
MG	4,008	4,503	4,013	3,823	3,808	4,367
Nissan	2,131	3,515	3,667	3,283	3,177	3,061
Renault	5,010	9,317	7,128	7,012	7,623	7,778
Skoda	4,604	6,023	4,447	4,222	3,543	3,389
Tata	43,340	45,200	47,506	47,170	47,655	45,220
Toyota	10,216	16,512	19,693	14,959	15,378	13,143
Volkswagen	3,503	3,315	2,915	2,057	4,103	3,510

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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.