April 2023 Car Sales Analysis - Segment-Wise YoY, MoM Change, 6-Month Trend | V3Cars
In this April 2023 car sales analysis article, we’ll look at the segment-wise sales figures along with the YoY and MoM change for each carmaker in India. Where applicable, we’ll 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 body-styles for the last 6 months will give you an idea about their 6-month sales trend.
Segment-Wise April 2023 Car Sales - YoY Change
- In terms of YoY change, the D1-segment was the biggest gainer, posting a YoY growth of 45%
- The D1-segment was followed by the B1-segment, with a YoY growth of 27.70% in April 2023
- The B2 and D2-segment witnessed a YoY growth of 20% in our April 2023 comparison analysis
- A and C1-segments reported a decline in YoY comparison in April. A-segment reported a drop of 22% in April whereas C1-segment reported a decline of 3.66% on the YoY comparison
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Segment-Wise April 2023 Car Sales - MoM Change
- Out of 7, C1, D1 and D2-segments reported a decline in MoM comparison analysis.
- C1-segment reported a 14.72% MoM decline in April, whereas D1-segment witnessed 13.30% MoM drop. The D2-segment saw a drop of 16.14% decline in the April MoM comparison analysis.
- A-segment reported an MoM increase of 3.66%.
- The B1-segment cars reported a 7.34% growth and was the top gaining segment in the April MoM comparison analysis. The B2-segment reported a MoM growth of 0.84%.
- The C2-segment reported a decline of 0.61% in the April MoM comparison analysis.
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Segment-Wise — 6-Month Sales Trend (Nov 2022 - Apr 2023)
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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.
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