January 2023 Car Sales Analysis - 20 Top-Selling Cars | V3Cars

In this January 2023 cars sales analysis article, we’ll look at the YoY and MoM change for the 20 top-selling cars of January 2023. Based on the data, we’ll also share our observations and possible reasons for big improvement or massive decline in sales where applicable.

20 Top Selling Cars

January 2023 - 20 Top-Selling Cars YoY Change

  • Mahindra Scorpio reported the best growth, with a gain of 188% in terms of YoY comparison.
  • The next best YoY performers in January 2023 were Mahindra Bolero and Maruti Baleno with around 140% gains, although about twice as many units of Baleno were dispatched in January than Bolero.
  • The Alto pair was the best-selling car in India with over 21,000 units sold in the month of January.
  • The top 10 best selling cars in January 2023 sold well over 10,000 units a month.
  • Maruti’s Ertiga was the top loser in YoY comparison analysis for the month of January with near 18% decline in dispatches compared to January of 2022.
  • About 9 out of 20 models on the top 20 bestselling list in January 2023 are from Maruti Suzuki.
  • Hyundai has 4, Tata have 3 cars in the January 2023 YoY Top 20 performers list, while Kia and Mahindra just have 2.

20 TOP-SELLING CARS - JANUARY 2023

YoY CHANGE

S.No.

Brand

Model

Jan 2023

Jan 2022

Change

%Change

Trend

1

Maruti Suzuki

Alto+K10

21,411

12,342

9,069

73.48

2

Maruti Suzuki

WagonR

20,466

20,334

132

0.65

3

Maruti Suzuki

Swift

16,440

19,108

-2,668

-13.96

4

Maruti Suzuki

Baleno

16,357

6,791

9,566

140.86

5

Tata

Nexon

15,567

13,816

1,751

12.67

6

Hyundai

Creta

15,037

9,869

5,168

52.37

7

Maruti Suzuki

Brezza

14,359

9,576

4,783

49.95

8

Tata

Punch

12,006

10,027

1,979

19.74

9

Maruti Suzuki

Eeco

11,709

10,528

1,181

11.22

10

Maruti Suzuki

Dzire

11,317

14,967

-3,650

-24.39

11

Hyundai

Venue

10,738

11,377

-639

-5.62

12

Kia

Seltos

10,470

11,483

-1,013

-8.82

13

Maruti Suzuki

Ertiga

9,750

11,847

-2,097

-17.70

14

Kia

Sonet

9,261

6,904

2,357

34.14

15

Tata

Tiago

9,032

5,195

3,837

73.86

16

Hyundai

Grand i10

8,760

6,841

1,919

28.05

17

Mahindra

Scorpio

8,715

3,026

5,689

188.00

18

Maruti Suzuki

Grand Vitara

8,662

-

8,662

-

-

19

Mahindra

Bolero

8,574

3,506

5,068

144.55

20

Hyundai

i20

8,185

6,505

1,680

25.83

January 2023 - 20 Top-Selling Cars MoM Change

  • The Alto pair was the top-performer in terms of MoM comparison analysis for the month of January with over 147% increase in dispatches as compared to December of 2023. 
  • The WagonR was the second best performer in the MoM comparison for the month of January, with a 101% growth in sales.
  • Most cars in the top-selling cars’ list saw a MoM growth in dispatch numbers.
  • Ertiga from Maruti Suzuki topped the list of MoM losers with a 20% decline in numbers.

20 TOP-SELLING CARS - JANUARY 2023

MoM CHANGE

S.No.

Brand

Model

Jan 2023

Dec 2022

Change

%Change

Trend

1

Maruti Suzuki

Alto+K10

21,411

8,648

12,763

147.58%

2

Maruti Suzuki

WagonR

20,466

10,181

10,285

101.02%

3

Maruti Suzuki

Swift

16,440

12,061

4,379

36.31%

4

Maruti Suzuki

Baleno

16,357

16,932

-575

-3.4%

5

Tata

Nexon

15,567

12,053

3,514

29.15%

6

Hyundai

Creta

15,037

10,205

4,832

47.35%

7

Maruti Suzuki

Brezza

14,359

11,200

3,159

28.21%

8

Tata

Punch

12,006

10,586

1,420

13.41%

9

Maruti Suzuki

Eeco

11,709

10,581

1,128

10.66%

10

Maruti Suzuki

Dzire

11,317

11,997

-680

-5.67%

11

Hyundai

Venue

10,738

8,285

2,453

29.61%

12

Kia

Seltos

10,470

5,995

4,475

74.65%

13

Maruti Suzuki

Ertiga

9,750

12,273

-2,523

-20.56%

14

Kia

Sonet

9,261

5,772

3,489

60.45%

15

Tata

Tiago

9,032

6,052

2,980

49.24%

16

Hyundai

Grand i10

8,760

8,340

420

5.04%

17

Mahindra

Scorpio

8,715

7,003

1,712

24.45%

18

Maruti Suzuki

Grand Vitara

8,662

6,171

2,491

40.37%

19

Mahindra

Bolero

8,574

7,311

1,263

17.28%

20

Hyundai

i20

8,185

4,697

3,488

74.26%

Top 20 Sellings Cars— 6-Month Sales Trend (Aug 2022 - Jan 2023)

Top 20 Selling Cars | Monthly Sales Trend

Brand

Model

Aug 2022

Sep 2022

Oct 2022

Nov 2022

Dec 2022

Jan 2023

6 Month Avg

Maruti Suzuki

Alto+K10

14,388

24,844

21,260

15,663

8,648

21,411

17,702

Maruti Suzuki

WagonR

18,398

20,078

17,945

14,720

10,181

20,466

16,965

Maruti Suzuki

Swift

11,275

11,988

17,231

15,153

12,061

16,440

14,025

Maruti Suzuki

Baleno

18,418

19,369

17,149

20,945

16,932

16,357

18,195

Tata

Nexon

15,085

14,518

13,767

15,871

12,053

15,567

14,477

Hyundai

Creta

12,577

12,866

11,880

13,321

10,205

15,037

12,648

Maruti Suzuki

Brezza

15,193

15,445

9,941

11,324

11,200

14,359

12,910

Tata

Punch

12,006

12,251

10,982

12,131

10,586

12,006

11,660

Maruti Suzuki

Eeco

11,999

12,697

8,861

7,183

10,581

11,709

10,505

Maruti Suzuki

Dzire

11,868

9,601

12,321

14,456

11,997

11,317

11,927

Hyundai

Venue

11,240

11,033

9,585

10,738

8,285

10,738

10,270

Kia

Seltos

8,652

11,000

9,777

9,284

5,995

10,470

9,196

Maruti Suzuki

Ertiga

9,314

9,299

10,494

13,818

12,273

9,750

10,825

Kia

Sonet

7,838

9,291

7,614

7,834

5,772

9,261

7,935

Tata

Tiago

7,209

6,936

7,187

5,097

6,052

9,032

6,919

Hyundai

Grand i10

9,274

9,459

8,855

7,961

8,340

8,760

8,775

Mahindra

Scorpio

7,056

9,536

7,438

6,455

7,003

8,715

7,701

Maruti Suzuki

Grand Vitara

-

4,769

8,052

4,433

6,171

8,662

6,417

Mahindra

Bolero

8,246

8,018

8,772

7,984

7,311

8,574

8,151

Hyundai

i20

7,558

7,275

7,814

7,236

4,697

8,185

7,128

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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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