October 2023 Cars Sales Analysis - Sedan YoY, MoM Change, 6-Month Trend | V3Cars

Sedans October 2023 Car Sales - YoY Change

• Top Gainers:
  • Maruti Suzuki Dzire (B2): Dzire emerges as the top gainer with a notable YoY change of 19.30%, indicating a significant increase in demand for the Dzire model.
  • Skoda Slavia (C2): Slavia shows a strong YoY increase of 41.21%, reflecting positive market reception and growing demand for this Skoda sedan model.
  • Volkswagen Virtus (C2): Virtus exhibits a substantial YoY change of 65.30%, suggesting a noteworthy surge in demand for the Virtus sedan. Virtus was the top gainer in the sedan market.
• Top Losers:
  • Maruti Nexa Ciaz (C2): Ciaz faced a significant decline with a YoY change of 63.11%, indicating challenges or shifts in the market dynamics for the Ciaz sedan model.
  • Honda City (C2): City experienced a notable YoY decrease of 52.22%, highlighting a decline in demand for the Honda City sedan. Factors such as competition, model lifecycle, or market trends may contribute to this decrease.
  • Tata Tigor (B2): Tigor also faced a substantial YoY decline of 60.93%, indicating challenges in the demand for the Tigor sedan.
• Other Observations:
  • Segment Dynamics: The performance of sedans varies across different segments (B2, C2, D1, D2), showcasing the diverse landscape of the sedan market.
  • Strong Entry: Virtus from Volkswagen made a strong entry with a significant YoY increase, indicating a positive market reception for this sedan model.
  • Luxury Segment Performance: Camry from Toyota shows a remarkable YoY change of 233.90% in the luxury sedan segment (D2), suggesting heightened demand for this model.
• In summary, the analysis highlights the success of Dzire, Slavia, and Virtus as top gainers in the sedan segment, while also pointing out challenges faced by Ciaz, City, and Tigor. The entry of Virtus and the strong performance of Camry add interesting dimensions to the evolving sedan market.

Also Read: Volkswagen Virtus Petrol Variants Explained - Which One To Buy?

Sedan October 2023 Car Sales - MoM Change

• Top Gainers:
  • Honda Amaze (B2): Amaze shows a strong MoM increase of 12.15%, indicating a notable increase in demand for the Amaze model.
  • Skoda Slavia (C2): Slavia emerges as the top gainer with a significant MoM change of 22.90%, reflecting positive market reception and growing demand for this Skoda sedan model.
  • Maruti Suzuki Dzire (B2): Dzire continues its positive momentum with a MoM change of 5.90%, contributing to its sustained demand in the market.
• Top Losers:
  • Maruti Nexa Ciaz (C2): Ciaz faced a significant decline with a MoM change of 53.39%, indicating challenges or shifts in the market dynamics for the Ciaz sedan model.
  • Hyundai Verna (C2): Verna experienced a notable MoM decrease of 11.38%, suggesting a decline in demand for the Hyundai Verna sedan. Factors such as competition, model lifecycle, or market trends may contribute to this decrease.
  • Volkswagen Virtus (C2): Virtus faced a modest MoM decline of 1.06%, indicating a relatively stable performance compared to other models in the sedan segment.
• Other Observations:
  • Segment Dynamics: The MoM changes highlight the dynamic nature of the sedan segment, with models experiencing both gains and declines.
  • Model Stability: Dzire and Xcent + Aura show relatively stable MoM changes, indicating consistent performance in the market.
  • Luxury Segment Performance: Camry from Toyota faced a decline with a MoM change of 23.94%, suggesting challenges in the luxury sedan segment.
• In summary, the analysis underscores the success of Amaze and Slavia as top gainers in the sedan segment for October, while also noting challenges faced by Ciaz, Verna, and Virtus. The stability of Dzire and Xcent + Aura indicates consistent market performance. The performance of the luxury sedan Camry is also noteworthy, considering the decline in demand.

Sedan Cars — 6-Month Sales Trend (May 2023 - October 2023)

Note: Calculate Car Fuel Cost with V3Cars for India and Other Countries