Published : 18 September 2023
Read Time : 5 min
Author: Prathu Sharma
In this August 2023 car sales analysis article, we’ll look at the YoY and MoM changes in sales figures of all hatchbacks 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. Lastly, the table with monthly sales of all hatchbacks for the last 6 months will give you an idea about their 6-month sales trend.
Hatchbacks Segment August 2023 Car Sales - YoY Change
- In terms of sales, the B1-hatcback segment was the best-selling segment in the Indian market. 53,373 out of 1,05,453 hatchbacks were B1-segment cars, which makes up to about 50.61% of the total sales of the hatchbacks in the month of August of 2023.
- In the year 2022, B1-hatchback made for about 45% of the total hatchbacks sold in India.
- The Swift was the best performing hatchback in August 2023 YoY comparison, with a 65.44% rise in dispatches as compared to August 2022.
- The Altroz was the second best performing car in the category, with a 57.51% YoY growth in August 2023.
- Altroz was followed by the Tiago hatchback from Tata with a 31.27% YoY growth in August 2023 compared to August 2022.
- The S-Presso from Maruti was the biggest loser, with around 66.48% decline in sales. The Ignis was the second biggest loser with a 58.70% decline in dispatches in the August YoY comparison.
- The i20 and the Alto/K10 pair also reported a YoY decline of around 35.22% and 33.26% in August, respectively.
- The cars that were discontinued are:
- Honda Jazz (Discontinued in 2023)
- Hyundai Santro (Discontinued in 2022)
- Volkswagen Polo (Discontinued in 2022)
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Hatchback Segment August 2023 Car Sales - MoM Change
- The Swift claimed the top spot, with about 18,653 units sold in the month of August.
- Most cars in the category reported an MoM growth in August. The exceptions were:
- Glanza with 40.19% drop
- Ignis with 26.37% drop
- I20 with 2.10%
- Maruti Celerio was the top gainer for the August comparison with a 39.58% MoM growth in August over July..
- The Glanza emerged as the top MoM loser in the month of August with a 40.19% drop in dispatches in August compared to July.
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Hatchback Cars — 6-Month Sales Trend (March 2023 - August 2023)
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