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HomeNewsDecember 2023 Mahindra Car Sales Analysis Yoy Mom Change 6 Month Trend

Published : 09 January 2024

Read Time : 5 min

In this December 2023 Mahindra car sales analysis, we’ll look at the car sales of Mahindra for the previous month. We’ll also compare the YoY and MoM change to find out which Mahindra cars’ 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 Mahindra cars.

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Mahindra Car Sales Analysis

December 2023 - Mahindra Car Sales Figures - YoY Change

  • Top Gainers (YoY):

    • Scorpio N + Classic (D1 - SUV): The Scorpio-N + Classic reported a substantial Year-on-Year (YoY) increase of 62.14%, with sales rising from 7,003 units in December 2022 to 11,355 units in December 2023. This significant growth indicates strong consumer demand for this SUV model, potentially influenced by factors such as product updates, marketing strategies, or favourable market conditions.
    • Thar (B2 - SUV): Thar experienced remarkable YoY growth, with sales surging by 71.7%. The numbers rose from 3,374 units in December 2022 to 5,793 units in December 2023.
    • Bolero + Neo (B2 - SUV): Bolero + Neo reported a YoY increase of 9.36%, with sales climbing from 7,311 units in December 2022 to 7,995 units in December 2023.
  • Top Losers (YoY):

    • XUV300 (B2 - SUV): XUV300 experienced a significant YoY decline of -26.8%, with sales dropping from 4,850 units in December 2022 to 3,550 units in December 2023.
    • Marazzo (C2 - MPV): Marazzo reported a substantial YoY decrease of -63.74%, with sales declining from 171 units in December 2022 to 62 units in December 2023.

MAHINDRA CAR SALES - DECEMBER 2023

YOY CHANGE

Rank

Model

Segment

Body-Type

Dec 2023

Dec 2022

Change

%Change

Trend

1

Scorpio N + Classic

D1

SUV

11,355

7,003

4,352

62.14%

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2

Bolero + Neo

B2

SUV

7,995

7,311

684

9.36%

j9H4ocswjQU1k9vz8D8qCxuFvU1GVO1f0KpSXdc85Y0UNyl2dVbg Q6jb1sNR1oSVm xrbCI9vXpuz0GQ ugoSTs3j MUYK9tNrL iEPmVOOa3PWSTTNxHtTbzwKBIznp5LAygIZHIjVrM3rZfDRK5I

3

XUV700

D1

SUV

5,881

5,623

258

4.59%

j9H4ocswjQU1k9vz8D8qCxuFvU1GVO1f0KpSXdc85Y0UNyl2dVbg Q6jb1sNR1oSVm xrbCI9vXpuz0GQ ugoSTs3j MUYK9tNrL iEPmVOOa3PWSTTNxHtTbzwKBIznp5LAygIZHIjVrM3rZfDRK5I

4

Thar

B2

SUV

5,793

3,374

2,419

71.7%

j9H4ocswjQU1k9vz8D8qCxuFvU1GVO1f0KpSXdc85Y0UNyl2dVbg Q6jb1sNR1oSVm xrbCI9vXpuz0GQ ugoSTs3j MUYK9tNrL iEPmVOOa3PWSTTNxHtTbzwKBIznp5LAygIZHIjVrM3rZfDRK5I

5

XUV300

B2

SUV

3,550

4,850

-1,300

-26.8%

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6

XUV400

B2

SUV

535

-

-

-

-

7

Marazzo

C2

MPV

62

171

-109

-63.74%

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8

KUV100

B1

Hatch

-

1

-

-

-

December 2023 - Mahindra Car Sales Figures - MoM Change

  • Top Gainers (MoM):

    • Marazzo (C2 - MPV): Marazzo experienced a notable Month-on-Month (MoM) increase of 26.53%, with sales rising from 49 units in November 2023 to 62 units in December 2023. While the overall sales volume is relatively low, this positive trend indicates improved performance, suggesting potential factors such as marketing initiatives or increased demand in the MPV segment.
  • Top Losers (MoM):

    • XUV400 (B2 - SUV): XUV400 reported the highest MoM decline among Mahindra models, with a decrease of -24.65%. Sales dropped from 710 units in November 2023 to 535 units in December 2023.
    • XUV300 (B2 - SUV): XUV300 also witnessed a significant MoM decrease of -24.03%, with sales falling from 4,673 units in November 2023 to 3,550 units in December 2023.
    • XUV700 (D1 - SUV): XUV700 reported a MoM decline of -18.56%, with sales decreasing from 7,221 units in November 2023 to 5,881 units in December 2023.

MAHINDRA CAR SALES - DECEMBER 2023

MOM CHANGE

Rank

Model

Segment

Body-Type

Dec 2023

Nov 2023

Change

%Change

Trend

1

Scorpio N + Classic

D1

SUV

11,355

12,185

-830

-6.81%

bUulSg1R0s6UED Xsih6qDZ dSkfhPRtGP Urj9uWTGNxfDtkjdyifDekTtrybwuqh2loBHUfQhoPpt2PunIE2utkFnkOLcMipJ AO3sNNaUkR0sBrfIxhvE7IYcyIhfZdVhqQ9BbE9 xaqvsT6Kkk

2

Bolero + Neo

B2

SUV

7,995

9,333

-1,338

-14.34%

bUulSg1R0s6UED Xsih6qDZ dSkfhPRtGP Urj9uWTGNxfDtkjdyifDekTtrybwuqh2loBHUfQhoPpt2PunIE2utkFnkOLcMipJ AO3sNNaUkR0sBrfIxhvE7IYcyIhfZdVhqQ9BbE9 xaqvsT6Kkk

3

XUV700

D1

SUV

5,881

7,221

-1,340

-18.56%

bUulSg1R0s6UED Xsih6qDZ dSkfhPRtGP Urj9uWTGNxfDtkjdyifDekTtrybwuqh2loBHUfQhoPpt2PunIE2utkFnkOLcMipJ AO3sNNaUkR0sBrfIxhvE7IYcyIhfZdVhqQ9BbE9 xaqvsT6Kkk

4

Thar

B2

SUV

5,793

5,810

-17

-0.29%

bUulSg1R0s6UED Xsih6qDZ dSkfhPRtGP Urj9uWTGNxfDtkjdyifDekTtrybwuqh2loBHUfQhoPpt2PunIE2utkFnkOLcMipJ AO3sNNaUkR0sBrfIxhvE7IYcyIhfZdVhqQ9BbE9 xaqvsT6Kkk

5

XUV300

B2

SUV

3,550

4,673

-1,123

-24.03%

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6

XUV400

B2

SUV

535

710

-175

-24.65%

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7

Marazzo

C2

MPV

62

49

13

26.53%

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

MAHINDRA 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

Scorpio N + Classic

D1

SUV

10,522

9,898

11,846

12,185

11,355

11,113

11,153

Bolero + Neo

B2

SUV

8,921

9,092

9,519

9,333

7,995

9,200

9,010

XUV700

D1

SUV

6,176

6,512

8,555

7,221

5,881

7,192

6,923

Thar

B2

SUV

5,265

5,951

5,417

5,810

5,793

5,323

5,593

XUV300

B2

SUV

4,533

4,992

4,961

4,673

3,550

4,853

4,594

XUV400

B2

SUV

707

778

825

710

535

741

716

Marazzo

C2

MPV

81

47

144

49

62

82

78

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

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Did you find this information helpful?

Prathu Sharma
Prathu Sharma

Data Analyst

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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