Published : 17 March 2023
Read Time : 5 min
Author: Prathu Sharma
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.
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
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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
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Body-Wise — 6-Month Sales Trend (Sept 2022 - Feb 2023)
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