February 2023 Car Sales Analysis - Bodystyle-Wise YoY, MoM Change, 6-Month Trend | V3Cars

In this February 2023 cars sales analysis article, we’ll look at the bodystyle-wise sales figures along with the YoY and MoM change for each carmaker 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, where applicable. Lastly, the table with monthly sales of all body styles for the last 6 months will give you an idea about their 6-month sales trend.

Bodystyle wise car sales

Body-Wise February 2023 Car Sales - YoY Change

  • SUVs witnessed the biggest YoY growth of 20.35% in February 2023 compared to February 2022
  • The SUV was the best-selling bodystyle in India. It was closely followed by hatchbacks, which saw a 10% gain in sales in February 2023 compared to February 2022
  • MPVs suffered a 6.28% decline in sales in February YoY comparison analysis
  • Sedans also saw a 4.33% decline in sales in February

BODY-WISE FEBRUARY 2023 CAR SALES

YOY CHANGE

S.No.

Body Style

Feb 2023

Feb 2022

Change

% Change

Trend

1

Hatch

1,21,290

1,10,177

11,113

10.09%

2

Sedan

35,387

36,987

-1,600

-4.33%

3

SUV

1,43,413

1,19,164

24,249

20.35%

4

MPV

34,140

36,428

-2,288

-6.28%

5

Pickup

15

0

15

15

Body-Wise February 2023 Car Sales - MoM Change

  • SUVs were the top loser by reporting a 7.3% decline in MoM comparison to January sales figures
  • SUVs were followed by MPVs with 6.1% drop in dispatches in February compared to January
  • Pickups are not a popular body-style among Indian buyers and it is evident from the numbers
  • Among the winners, sedans were the top gaining bodystyle with over 35,000 units sold in February, compared to almost 32,000 in January, witnessing a rise of over 11% in monthly sales
  • Hatchbacks also reported a decline of 1.4% in MoM sales comparison

BODY-WISE FEBRUARY 2023 CAR SALES 

MOM CHANGE

S.No.

Body Style

Feb 2023

Jan 2023

Change

% Change

Trend

1

Hatch

1,21,290

1,23,007

-1,717

-1.4%

2

Sedan

35,387

31,737

3,650

11.5%

3

SUV

1,43,413

1,54,707

-11,294

-7.3%

4

MPV

34,140

36,353

-2,213

-6.09%

5

Pickup

15

1

14

1400%

Body-Wise — 6-Month Sales Trend (Sept 2022 - Feb 2023)

BODY-WISE 6 MONTH SALES TREND

SEPT 2022 - FEB 2023

Body-Type

Sep 2022

Oct 2022

Nov 2022

Dec 2022

Jan 2023

Feb 2023

6 Month Avg

Hatch

1,27,193

1,20,784

1,07,929

84,710

1,23,007

1,21,290

1,14,152

Sedan

31,357

36,100

36,697

33,669

31,737

35,387

34,158

SUV

1,54,856

1,44,412

1,41,754

1,24,795

1,54,707

1,43,413

1,43,990

MPV

41,042

34,858

35,653

31,951

36,353

34,140

35,666

Pickup

2

75

37

5

1

15

23

Note: Check your Car EMI with our - Car EMI Calculator

You can use our Fuel Cost Calculator to see how much any petrol, diesel or CNG car will cost to run based on the latest fuel price in your city.

Fuel Cost Calculator in India

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