November 2022 Car Sales Analysis - Brand-Wise YoY, MoM Change, 6-Month Trend | V3Cars
In this November 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 November 2022 Car Sales - YoY Change
- In terms of percentage, Citroen posted the best YoY improvement of over 1,400% because of the low numbers in November 2021. It is worth noting that Citroen is not yet a mass volume manufacturer in India.
- Among the mass volume carmakers, Skoda posted the best growth in November YoY comparison, with a 102% rise in sales.
- MG posted the second best YoY growth of around 64.41%.
- The only losers were Jeep and Toyota with 15% and 9.5% decline, respectively, in YoY dispatch numbers in November.
- Most brands posted a healthy YoY gain in dispatch numbers.
- Datsun as a brand stopped producing cars over the past year.
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Brand-Wise November 2022 Car Sales - MoM Change
- In terms of MoM change, 9 out of 14 brands saw a decline in sales in November over October 2022.
- The remaining 4 saw a growth or remained strictly consistent in dispatch numbers as the previous month, case in point - Hyundai, which dispatched just 1 more unit in November than October.
- Other than Hyundai, consistent sales numbers were given by Kia (3% gain), Tata (1.8% gain) and Volkswagen (1.7% gain).
- Citroen were the top loser with a 45% lower MoM dispatch figure.
- Skoda were the top MoM gainer, with a 23.55% growth.
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Car Brands — 6-Month Brand Sales Trend (June 2022 - Nov 2022)
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