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HomeNewsFebruary 2023 Cars Sales Full Analysis With Yoy Mom Change

Published : 18 March 2023

Read Time : 5 min

In this February 2023 cars sales analysis article, we’ll look at the YoY and MoM change in sales figures for each carmaker, segment and body style 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.

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February 2023 Full Sales Analysis

Brand-Wise February 2023 Car Sales - YoY Change

  • In terms of percentage, Citroen posted the best YoY improvement of about 456% because of the low numbers in February 2022. It is worth noting that Citroen is not yet a high volume manufacturer in India.
  • Among the high volume carmakers, Toyota posted the best growth in February YoY comparison, with a 74% rise in sales.
  • Kia posted the second best YoY growth of around 36%.
  • The biggest losers were Jeep and Skoda with 29.51% and 24% decline, respectively, in YoY dispatch numbers in February.
  • Honda sales dropped by about 25% in January YoY comparison but reported a 6.62% growth trend in February YoY comparison.

BRAND-WISE FEBRUARY 2023 CAR SALES

YOY CHANGE

Brand

Feb 2023

Feb 2022

Change

% Change

Trend

Citroen

328

59

269

455.93%

UGGhpDbJqF6bEQx7lQL41I6wHNjmggq14gfRhSmxv9 S1 4s8rq6BgF9XLR6nrfZH9sI8MLOeEM VLQ3e8usiI U9cy3JUMyfX DObeAo4gMA45tTFlEaBODIJzRSyzgn3yHgEjeSCLYnRt428hpMlg

Datsun

0

239

-239

-100%

wY8gEhZm7GeATnOnXkhno2IN5rRv ejoCsDyd5nOrBX7a68ebQr7dKiprJ2wz7rxHQ7 GG4J69F1ORnM7YBbjsVQ fbTVvToKUvuR7GwWW7S9sIu5 g69RDGNnkKiBcaQVfLyEbdAoisrd39ci4gKP4

Honda

6,086

7,187

-1,101

-15.32%

wY8gEhZm7GeATnOnXkhno2IN5rRv ejoCsDyd5nOrBX7a68ebQr7dKiprJ2wz7rxHQ7 GG4J69F1ORnM7YBbjsVQ fbTVvToKUvuR7GwWW7S9sIu5 g69RDGNnkKiBcaQVfLyEbdAoisrd39ci4gKP4

Hyundai

46,968

44,050

2,918

6.62%

UGGhpDbJqF6bEQx7lQL41I6wHNjmggq14gfRhSmxv9 S1 4s8rq6BgF9XLR6nrfZH9sI8MLOeEM VLQ3e8usiI U9cy3JUMyfX DObeAo4gMA45tTFlEaBODIJzRSyzgn3yHgEjeSCLYnRt428hpMlg

Jeep

719

1,020

-301

-29.51%

wY8gEhZm7GeATnOnXkhno2IN5rRv ejoCsDyd5nOrBX7a68ebQr7dKiprJ2wz7rxHQ7 GG4J69F1ORnM7YBbjsVQ fbTVvToKUvuR7GwWW7S9sIu5 g69RDGNnkKiBcaQVfLyEbdAoisrd39ci4gKP4

Kia

24,600

18,121

6,479

35.75%

UGGhpDbJqF6bEQx7lQL41I6wHNjmggq14gfRhSmxv9 S1 4s8rq6BgF9XLR6nrfZH9sI8MLOeEM VLQ3e8usiI U9cy3JUMyfX DObeAo4gMA45tTFlEaBODIJzRSyzgn3yHgEjeSCLYnRt428hpMlg

Mahindra

30,221

27,563

2,658

9.64%

UGGhpDbJqF6bEQx7lQL41I6wHNjmggq14gfRhSmxv9 S1 4s8rq6BgF9XLR6nrfZH9sI8MLOeEM VLQ3e8usiI U9cy3JUMyfX DObeAo4gMA45tTFlEaBODIJzRSyzgn3yHgEjeSCLYnRt428hpMlg

Maruti Suzuki

1,47,467

1,33,948

13,519

10.09%

UGGhpDbJqF6bEQx7lQL41I6wHNjmggq14gfRhSmxv9 S1 4s8rq6BgF9XLR6nrfZH9sI8MLOeEM VLQ3e8usiI U9cy3JUMyfX DObeAo4gMA45tTFlEaBODIJzRSyzgn3yHgEjeSCLYnRt428hpMlg

MG

4,193

4,528

-335

-7.4%

wY8gEhZm7GeATnOnXkhno2IN5rRv ejoCsDyd5nOrBX7a68ebQr7dKiprJ2wz7rxHQ7 GG4J69F1ORnM7YBbjsVQ fbTVvToKUvuR7GwWW7S9sIu5 g69RDGNnkKiBcaQVfLyEbdAoisrd39ci4gKP4

Nissan

2,184

2,217

-33

-1.49%

wY8gEhZm7GeATnOnXkhno2IN5rRv ejoCsDyd5nOrBX7a68ebQr7dKiprJ2wz7rxHQ7 GG4J69F1ORnM7YBbjsVQ fbTVvToKUvuR7GwWW7S9sIu5 g69RDGNnkKiBcaQVfLyEbdAoisrd39ci4gKP4

Renault

6,616

6,568

48

0.73%

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Skoda

3,418

4,503

-1,085

-24.1%

wY8gEhZm7GeATnOnXkhno2IN5rRv ejoCsDyd5nOrBX7a68ebQr7dKiprJ2wz7rxHQ7 GG4J69F1ORnM7YBbjsVQ fbTVvToKUvuR7GwWW7S9sIu5 g69RDGNnkKiBcaQVfLyEbdAoisrd39ci4gKP4

Tata

42,865

39,980

2,885

7.22%

UGGhpDbJqF6bEQx7lQL41I6wHNjmggq14gfRhSmxv9 S1 4s8rq6BgF9XLR6nrfZH9sI8MLOeEM VLQ3e8usiI U9cy3JUMyfX DObeAo4gMA45tTFlEaBODIJzRSyzgn3yHgEjeSCLYnRt428hpMlg

Toyota

15,267

8,745

6,522

74.58%

UGGhpDbJqF6bEQx7lQL41I6wHNjmggq14gfRhSmxv9 S1 4s8rq6BgF9XLR6nrfZH9sI8MLOeEM VLQ3e8usiI U9cy3JUMyfX DObeAo4gMA45tTFlEaBODIJzRSyzgn3yHgEjeSCLYnRt428hpMlg

Volkswagen

3,313

4,028

-715

-17.75%

wY8gEhZm7GeATnOnXkhno2IN5rRv ejoCsDyd5nOrBX7a68ebQr7dKiprJ2wz7rxHQ7 GG4J69F1ORnM7YBbjsVQ fbTVvToKUvuR7GwWW7S9sIu5 g69RDGNnkKiBcaQVfLyEbdAoisrd39ci4gKP4

Brand-Wise February 2023 Car Sales - MoM Change

  • Citroen was the top losing brand in MoM comparison for February with a 59% decline in numbers
  • Citroen was Nissan and Honda with 22% decline in sales numbers in February
  • Reanult was the top gaining brand with a 120% growth in MoM dispatches in February compared to January
  • Reanult was followed by Toyota with a 20% growth in dispatches in February over January

BRAND-WISE FEBRUARY 2023 CAR SALES

MoM CHANGE

Brand

Feb 2023

Jan 2023

Change

% Change

Trend

Citroen

328

804

-476

-59.2%

IdcaQHlRWlaNEKAJyv4rF1PObsTNpEogKOMp TzmH9yO5h861jt wMc36TOzJ1v7GH8 BPX0kvZunyHbe0WkUSjxBXgH4 4DoRdy3JEGLHbpqYthLlpFBIQbigWVu2eifahLXAesyYC ovd4A8s4eKM

Honda

6,086

7,821

-1,735

-22.18%

IdcaQHlRWlaNEKAJyv4rF1PObsTNpEogKOMp TzmH9yO5h861jt wMc36TOzJ1v7GH8 BPX0kvZunyHbe0WkUSjxBXgH4 4DoRdy3JEGLHbpqYthLlpFBIQbigWVu2eifahLXAesyYC ovd4A8s4eKM

Hyundai

46,968

50,106

-3,138

-6.26%

IdcaQHlRWlaNEKAJyv4rF1PObsTNpEogKOMp TzmH9yO5h861jt wMc36TOzJ1v7GH8 BPX0kvZunyHbe0WkUSjxBXgH4 4DoRdy3JEGLHbpqYthLlpFBIQbigWVu2eifahLXAesyYC ovd4A8s4eKM

Jeep

719

685

34

4.96%

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Kia

24,600

28,634

-4,034

-14.09%

IdcaQHlRWlaNEKAJyv4rF1PObsTNpEogKOMp TzmH9yO5h861jt wMc36TOzJ1v7GH8 BPX0kvZunyHbe0WkUSjxBXgH4 4DoRdy3JEGLHbpqYthLlpFBIQbigWVu2eifahLXAesyYC ovd4A8s4eKM

Mahindra

30,221

33,040

-2,819

-8.53%

IdcaQHlRWlaNEKAJyv4rF1PObsTNpEogKOMp TzmH9yO5h861jt wMc36TOzJ1v7GH8 BPX0kvZunyHbe0WkUSjxBXgH4 4DoRdy3JEGLHbpqYthLlpFBIQbigWVu2eifahLXAesyYC ovd4A8s4eKM

Maruti Suzuki

1,47,467

1,47,348

119

0.08%

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MG

4,193

4,114

79

1.92%

eHUyUdHRVL6j0QkEOz3tlxWB m6 getERlUTW6TdbtQ9Pn1kgIfL3FJE2fK06sHJAFIBNn2xkA1ITP8zSINuIE0WL 2gzlWObci6FmWlAYx0LCtzi5JzfM x28 tNd9ehGzvpmGMP0vtdYzG eTGCA

Nissan

2,184

2,803

-619

-22.08%

IdcaQHlRWlaNEKAJyv4rF1PObsTNpEogKOMp TzmH9yO5h861jt wMc36TOzJ1v7GH8 BPX0kvZunyHbe0WkUSjxBXgH4 4DoRdy3JEGLHbpqYthLlpFBIQbigWVu2eifahLXAesyYC ovd4A8s4eKM

Renault

6,616

3,008

3,608

119.95%

eHUyUdHRVL6j0QkEOz3tlxWB m6 getERlUTW6TdbtQ9Pn1kgIfL3FJE2fK06sHJAFIBNn2xkA1ITP8zSINuIE0WL 2gzlWObci6FmWlAYx0LCtzi5JzfM x28 tNd9ehGzvpmGMP0vtdYzG eTGCA

Skoda

3,418

3,818

-400

-10.48%

IdcaQHlRWlaNEKAJyv4rF1PObsTNpEogKOMp TzmH9yO5h861jt wMc36TOzJ1v7GH8 BPX0kvZunyHbe0WkUSjxBXgH4 4DoRdy3JEGLHbpqYthLlpFBIQbigWVu2eifahLXAesyYC ovd4A8s4eKM

Tata

42,865

47,990

-5,125

-10.68%

IdcaQHlRWlaNEKAJyv4rF1PObsTNpEogKOMp TzmH9yO5h861jt wMc36TOzJ1v7GH8 BPX0kvZunyHbe0WkUSjxBXgH4 4DoRdy3JEGLHbpqYthLlpFBIQbigWVu2eifahLXAesyYC ovd4A8s4eKM

Toyota

15,267

12,728

2,539

19.95%

eHUyUdHRVL6j0QkEOz3tlxWB m6 getERlUTW6TdbtQ9Pn1kgIfL3FJE2fK06sHJAFIBNn2xkA1ITP8zSINuIE0WL 2gzlWObci6FmWlAYx0LCtzi5JzfM x28 tNd9ehGzvpmGMP0vtdYzG eTGCA

Volkswagen

3,313

2,906

407

14.01%

eHUyUdHRVL6j0QkEOz3tlxWB m6 getERlUTW6TdbtQ9Pn1kgIfL3FJE2fK06sHJAFIBNn2xkA1ITP8zSINuIE0WL 2gzlWObci6FmWlAYx0LCtzi5JzfM x28 tNd9ehGzvpmGMP0vtdYzG eTGCA

Segment-Wise February 2023 Car Sales - YoY Change

  • In terms of YoY change, the D1-segment was the biggest gainer, posting a YoY growth of 16.33%
  • The D1-segment was followed by the B2-segment, with a YoY growth of 16% in February 2023
  • The B1-segment witnessed a YoY growth of 13% in our February 2023 comparison analysis
  • In terms of YoY comparison, all segments witnessed growth except the A-segment, which witnessed a decline of 9% in the February YoY comparison analysis

SEGMENT-WISE FEBRUARY 2023 CAR SALES

YOY CHANGE

S.No.

Segment

Feb 2023

Feb 2022

Change

% Change

Trend

1

A

39,443

43,333

-3,890

-8.98%

lD89xVEaJ9YjcdwkV8OEJWTWA9G20PYrK 8cn6 pjAa2eSZ4FhsnxzJ1pCQGxF8bNO utZNyx5l xoqF6An1Y9t9Fqxb32VXUNZSCvX9FSUkOCS FiJFr01I4v7eovAGJaqBZiz8KsVEXPneHQOwdKs

2

B1

68,311

60,525

7,786

12.86%

zzVXQw3j 6LjBzbjUO5oQCl3XEu8S70kJw2alfOIkYvxONrs5RlRbJrq6fr1wh8TWeIu1VjwWL6Y69cTTGAiQQ XuKvTsNKp72ZYs1XSX6Vm5 Aug hUdEWicSoyj m1t4N3Ir4aDxdBZZN 8xQqRg

3

B2

1,41,061

1,21,791

19,270

15.82%

zzVXQw3j 6LjBzbjUO5oQCl3XEu8S70kJw2alfOIkYvxONrs5RlRbJrq6fr1wh8TWeIu1VjwWL6Y69cTTGAiQQ XuKvTsNKp72ZYs1XSX6Vm5 Aug hUdEWicSoyj m1t4N3Ir4aDxdBZZN 8xQqRg

4

C

50,522

48,433

2,089

4.31%

zzVXQw3j 6LjBzbjUO5oQCl3XEu8S70kJw2alfOIkYvxONrs5RlRbJrq6fr1wh8TWeIu1VjwWL6Y69cTTGAiQQ XuKvTsNKp72ZYs1XSX6Vm5 Aug hUdEWicSoyj m1t4N3Ir4aDxdBZZN 8xQqRg

5

D1

30,332

26,074

4,258

16.33%

zzVXQw3j 6LjBzbjUO5oQCl3XEu8S70kJw2alfOIkYvxONrs5RlRbJrq6fr1wh8TWeIu1VjwWL6Y69cTTGAiQQ XuKvTsNKp72ZYs1XSX6Vm5 Aug hUdEWicSoyj m1t4N3Ir4aDxdBZZN 8xQqRg

6

D2

4,576

2,600

1,976

76%

zzVXQw3j 6LjBzbjUO5oQCl3XEu8S70kJw2alfOIkYvxONrs5RlRbJrq6fr1wh8TWeIu1VjwWL6Y69cTTGAiQQ XuKvTsNKp72ZYs1XSX6Vm5 Aug hUdEWicSoyj m1t4N3Ir4aDxdBZZN 8xQqRg

Segment-Wise February 2023 Car Sales - MoM Change

  • In terms of MoM comparison for the month of February, all segments, except B2-segment, witnessed a decrease in their sales figures in comparison to sales in January 
  • The B2-segment reported a MoM growth of 6%
  • The C-segment saw the highest MoM decline of all, of around 20%
  • The D2-segment followed the C-segment with a 14% decrease

SEGMENT-WISE FEBRUARY 2023 CAR SALES

MOM CHANGE

S.No.

Segment

Feb 2023

Jan 2023

Change

% Change

Trend

1

A

39,443

40,632

-1,189

-2.93%

lD89xVEaJ9YjcdwkV8OEJWTWA9G20PYrK 8cn6 pjAa2eSZ4FhsnxzJ1pCQGxF8bNO utZNyx5l xoqF6An1Y9t9Fqxb32VXUNZSCvX9FSUkOCS FiJFr01I4v7eovAGJaqBZiz8KsVEXPneHQOwdKs

2

B1

68,311

72,546

-4,235

-5.84%

lD89xVEaJ9YjcdwkV8OEJWTWA9G20PYrK 8cn6 pjAa2eSZ4FhsnxzJ1pCQGxF8bNO utZNyx5l xoqF6An1Y9t9Fqxb32VXUNZSCvX9FSUkOCS FiJFr01I4v7eovAGJaqBZiz8KsVEXPneHQOwdKs

3

B2

1,41,061

1,33,203

7,858

5.9%

zzVXQw3j 6LjBzbjUO5oQCl3XEu8S70kJw2alfOIkYvxONrs5RlRbJrq6fr1wh8TWeIu1VjwWL6Y69cTTGAiQQ XuKvTsNKp72ZYs1XSX6Vm5 Aug hUdEWicSoyj m1t4N3Ir4aDxdBZZN 8xQqRg

4

C

50,522

62,962

-12,440

-19.76%

lD89xVEaJ9YjcdwkV8OEJWTWA9G20PYrK 8cn6 pjAa2eSZ4FhsnxzJ1pCQGxF8bNO utZNyx5l xoqF6An1Y9t9Fqxb32VXUNZSCvX9FSUkOCS FiJFr01I4v7eovAGJaqBZiz8KsVEXPneHQOwdKs

5

D1

30,332

31,139

-807

-2.59%

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6

D2

4,576

5,323

-747

-14.03%

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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%

BtwKI77Eh3q64R Ye6DnOiobRR ZCZyXQtCyFTEe8q SjTh2w r3Dpu4xePu0AlHUFGxgdF4wEGCzdvLdOYdcFQ0P UC23P2uod8qYchlfuZeDR36jtkYV70Q4Gjx5f7 rmGg9W1iiiuEu8jiy0PYgY

2

Sedan

35,387

36,987

-1,600

-4.33%

PaiwsF4uEcX yFAMdQVuRwzoqwWheo5fUImq74p8UeBvx EHNtmTwQxpyQ10oVPQYJOVPIjljyMgRzW7Ifog79sUJuH44UVIou9yPCWKMndeKhRCG jHHOWIoVGu650ohzlkx2wsl3MI4 u3oMPk2s

3

SUV

1,43,413

1,19,164

24,249

20.35%

BtwKI77Eh3q64R Ye6DnOiobRR ZCZyXQtCyFTEe8q SjTh2w r3Dpu4xePu0AlHUFGxgdF4wEGCzdvLdOYdcFQ0P UC23P2uod8qYchlfuZeDR36jtkYV70Q4Gjx5f7 rmGg9W1iiiuEu8jiy0PYgY

4

MPV

34,140

36,428

-2,288

-6.28%

PaiwsF4uEcX yFAMdQVuRwzoqwWheo5fUImq74p8UeBvx EHNtmTwQxpyQ10oVPQYJOVPIjljyMgRzW7Ifog79sUJuH44UVIou9yPCWKMndeKhRCG jHHOWIoVGu650ohzlkx2wsl3MI4 u3oMPk2s

5

Pickup

15

0

15

15

BtwKI77Eh3q64R Ye6DnOiobRR ZCZyXQtCyFTEe8q SjTh2w r3Dpu4xePu0AlHUFGxgdF4wEGCzdvLdOYdcFQ0P UC23P2uod8qYchlfuZeDR36jtkYV70Q4Gjx5f7 rmGg9W1iiiuEu8jiy0PYgY

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%

PaiwsF4uEcX yFAMdQVuRwzoqwWheo5fUImq74p8UeBvx EHNtmTwQxpyQ10oVPQYJOVPIjljyMgRzW7Ifog79sUJuH44UVIou9yPCWKMndeKhRCG jHHOWIoVGu650ohzlkx2wsl3MI4 u3oMPk2s

2

Sedan

35,387

31,737

3,650

11.5%

BtwKI77Eh3q64R Ye6DnOiobRR ZCZyXQtCyFTEe8q SjTh2w r3Dpu4xePu0AlHUFGxgdF4wEGCzdvLdOYdcFQ0P UC23P2uod8qYchlfuZeDR36jtkYV70Q4Gjx5f7 rmGg9W1iiiuEu8jiy0PYgY

3

SUV

1,43,413

1,54,707

-11,294

-7.3%

PaiwsF4uEcX yFAMdQVuRwzoqwWheo5fUImq74p8UeBvx EHNtmTwQxpyQ10oVPQYJOVPIjljyMgRzW7Ifog79sUJuH44UVIou9yPCWKMndeKhRCG jHHOWIoVGu650ohzlkx2wsl3MI4 u3oMPk2s

4

MPV

34,140

36,353

-2,213

-6.09%

PaiwsF4uEcX yFAMdQVuRwzoqwWheo5fUImq74p8UeBvx EHNtmTwQxpyQ10oVPQYJOVPIjljyMgRzW7Ifog79sUJuH44UVIou9yPCWKMndeKhRCG jHHOWIoVGu650ohzlkx2wsl3MI4 u3oMPk2s

5

Pickup

15

1

14

1400%

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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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