Published : 17 September 2022
Read Time : 5 min
Author: Prathu Sharma
In this August 2022 cars sales analysis article, we’ll look at the YoY and MoM change in sales figures for each carmaker, segment and body style in India. Where applicable, we’ll also include our observations based on the sales data and possible reasons behind a massive increase or drop in sales.
Brand-Wise August 2022 Car Sales - YoY Change
- In terms of percentage, Citroen posted the best YoY improvement of 1600%. The massive YoY growth is because of the low numbers Citroen posted in the August of 2021 as it only had the C5 Aircross in its portfolio back then. The addition of C3 this year has helped the French carmaker improve its overall sales figure in August 2022
- Mahindra and Tata posted YoY gains of around 88% and 68%, respectively
- Maruti Suzuki, too, posted a healthy YoY improvement of 30%
- Skoda and Volkswagen reported a rise of nearly 10% and 26%, respectively, in August 2022 YoY comparison
- Honda lost just over 30% and Renault lost 27% in numbers and were the biggest YoY losers in August 2022
Brand-Wise August 2022 Car Sales - MoM Change
- In terms of MoM change, about two-thirds of the brands saw a decline in sales in August over July 2022
- Citroen were the top MoM gainer, with a 32.35% growth
- Volkswagen were the top loser with a 41.71% lower MoM production figure
- Tata, Kia, Hyundai and Renault all saw MoM changes of under 2% and their dispatches can be considered fairly consistent
Segment-Wise August 2022 Car Sales - YoY Change
- In terms of YoY change, the B1 segment was the biggest gainer, posting a 68.85% YoY improvement, followed by the D1 segment with a 66% YoY gain in August 2022
- The D2 segment was the only YoY loser in August 2022 with a 13.4% dip in dispatches
Segment-Wise August 2022 Car Sales - MoM Change
- Most segments saw a MoM sales decline in August. This is probably because the festive season is around the corner and buyers are postponing their purchases for good deals and offers
- The B1 segment saw the biggest MoM sales decline of 13%, followed by D2 with a 11.7% decline
- A and D1 segments remained fairly consistent
Body-Wise August 2022 Car Sales - YoY Change
- SUVs witnessed the biggest YoY gains of roughly 31% in August 2022 compared to August 2021
- MPVs saw the second biggest YoY growth, at 28.72%
- The SUV was the best-selling body style in India, which has been a global trend in recent years. It was closely followed by hatchbacks
- All body-styles’ sales were up in the past year starting August 2021
Body-Wise August 2022 Car Sales - MoM Change
- In the MoM comparison for August 2022, all body styles saw a decline in numbers compared to July 2022
- The MPV segment was worst hit in August 2022, with a 11% decline
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