December 2023 Kia Car Sales Analysis - YoY, MoM Change, 6-Month Trend | V3Cars

In this December 2023 Kia cars sales analysis, we’ll look at the car sales of Kia for the previous month. We’ll also compare the YoY and MoM change to find out which Kia model’s sales improved and which ones declined. Lastly, the table with monthly sales for the last 6 months will give you an idea about the 6-month sales trend of all Kia cars.

Kia Car Sales Analysis

December 2023 - Kia Car Sales Figures - YoY Change

  • Top Gainers (YoY):

    • Seltos (C1 - SUV): Seltos emerged as the top gainer in December 2023 compared to the same month in 2022, with a remarkable YoY growth of 66.09%. The number of units sold increased from 5,995 in December 2022 to 9,957 in December 2023. This substantial growth suggests strong market acceptance and demand for the Seltos model.
  • Top Losers (YoY):

    • Sonet (B2 - SUV): Sonet experienced a significant YoY decline, with sales plummeting by -99.83%. The number of units sold dropped from 5,772 in December 2022 to just 10 units in December 2023. Such a sharp decline could be attributed to various factors, including supply chain issues, model updates, or changes in consumer preferences.
    • EV6 (D1 - SUV): EV6 also witnessed a notable YoY decline, with sales decreasing by -95.52%. The number of units sold dropped from 134 in December 2022 to 6 in December 2023. This decline may be influenced by factors such as limited availability, market dynamics, or other challenges specific to the electric SUV segment.
    • Carens (C2 - MPV): Carens experienced a YoY decline of -19.78%, with sales decreasing from 3,195 in December 2022 to 2,563 in December 2023. This decline might be due to various factors such as increased competition in the MPV segment, changing consumer preferences, or specific market conditions.
    • Carnival (D2 - MPV): Carnival reported zero sales in December 2023, down from 88 units in December 2022. While the specific reasons for this decline are not provided, it could be influenced by factors such as production issues, model updates, or a strategic decision by the automaker.

KIA CAR SALES - DECEMBER 2023

YoY CHANGE

Rank

Model

Segment

Body-Type

Dec 2023

Dec 2022

Change

%Change

Trend

1

Seltos

C1

SUV

9,957

5,995

3,962

66.09%

2

Carens

C2

MPV

2,563

3,195

-632

-19.78%

3

Sonet

B2

SUV

10

5,772

-5,762

-99.83%

4

EV6

D1

SUV

6

134

-128

-95.52%

5

Carnival

D2

MPV

0

88

-88

-

-

December 2023 - Kia Car Sales Figures - MoM Change

  • Top Gainers (MoM):

    • Seltos (C1 - SUV): Despite a month-on-month (MoM) decrease of -14.78%, Seltos retained its position as the highest-selling model for Kia in December 2023. The sales decreased from 11,684 units in November 2023 to 9,957 units in December 2023. While there was a decline, Seltos continued to maintain strong sales.
  • Top Losers (MoM):

    • Sonet (B2 - SUV): Sonet experienced a significant MoM decline of -99.84%, with sales dropping from 6,433 units in November 2023 to just 10 units in December 2023. Such a sharp decrease is most likely due to the upcoming major update announced by the carmaker for the Sonet SUV.
    • Carens (C2 - MPV): Carens reported a MoM decrease of -44.52%, with sales declining from 4,620 units in November 2023 to 2,563 units in December 2023.
    • EV6 (D1 - SUV): EV6 witnessed a MoM decline of -76%, with sales decreasing from 25 units in November 2023 to 6 units in December 2023. This decline could be influenced by factors such as limited availability, market dynamics, or other challenges specific to the electric SUV segment.

KIA CAR SALES - DECEMBER 2023

MoM CHANGE

Rank

Model

Segment

Body-Type

Dec 2023

Nov 2023

Change

%Change

Trend

1

Seltos

C1

SUV

9,957

11,684

-1,727

-14.78%

2

Carens

C2

MPV

2,563

4,620

-2,057

-44.52%

3

Sonet

B2

SUV

10

6,433

-6,423

-99.84%

4

EV6

D1

SUV

6

25

-19

-76.00%

Kia — 6-Month Sales Trend (July 2023 - December 2023)

KIA CARS 6 MONTH SALES TREND

JULY 2023 - DECEMBER 2023

Model

Segment

Body-Type

Jul 2023

Aug 2023

Sep 2023

Oct 2023

Nov 2023

Dec 2023

6 Month Avg

Seltos

C1

SUV

9,740

10,698

10,558

11,684

9,957

9,770

7,864

Sonet

B2

SUV

4,245

4,120

4,984

6,433

10

5,666

2,747

Carens

C2

MPV

6,002

4,359

4,330

4,620

2,563

5,452

2,105

EV6

D1

SUV

15

42

150

25

6

70

26

Note: If You Want to Buy a New Car, Calculate Car Loan EMI with V3Cars

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.

0 Comments

Leave a Reply