Published : 18 January 2023
Read Time : 5 min
Author: Prathu Sharma
In this December 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 December 2022 Car Sales - YoY Change
- In terms of percentage, Citroen posted the best YoY improvement of over 3,700% because of the low numbers in December 2021. It is worth noting that Citroen is not yet a mass volume manufacturer in India.
- Among the mass volume carmakers, Kia posted the best growth in December YoY comparison, with a 95% rise in sales.
- Mahindra posted the second best YoY growth of around 62%.
- The biggest losers were Nissan and Jeep with 27.42% and 16% decline, respectively, in YoY dispatch numbers in December.
- Datsun as a brand stopped producing cars over the past year.
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Brand-Wise December 2022 Car Sales - MoM Change
- In terms of MoM change, most brands saw a decline in dispatches in December over November 2022.
- The 4 brands that saw a growth or remained strictly consistent in dispatch numbers as the previous month, are — Citroen, Honda, Skoda and Volkswagen.
- Speaking of gainers, the top performing brand in terms of MoM comparison for the month of December was Volkswagen with 24% increase in dispatch, followed by Citroen with 11.5% growth.
- Honda remained more or consistent with November’s dispatches in December with a nominal 0.16% growth in dispatch numbers.
- KIa was the top losing brand with 58.23% decline in MoM dispatches in December compared to November.
- Kia was followed by Hyundai with a 23.62% decline in dispatches in December over November.
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Car Brands — 6-Month Brand Sales Trend (July 2022 - Dec 2022)
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