January 2023 Car Sales Analysis - Segment-Wise YoY, MoM Change, 6-Month Trend | V3Cars

In this January 2023 car sales analysis article, we’ll look at the segment-wise sales figures along with the YoY and MoM change for each carmaker in India. Where applicable, we’ll include our observations based on the sales data and possible reasons behind a massive increase or drop in sales. 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.

Segment-Wise Jan 2023 Sales Analysis

Segment-Wise January 2023 Car Sales - YoY Change

  • In terms of YoY change, the D2-segment was the biggest gainer, posting a YoY growth of 237%
  • The D2-segment was followed by the D1-segment, with a YoY growth of 55% in January 2023
  • The B2 and C-segments witnessed a YoY growth of 16% in January 2023 comparison analysis
  • In terms of YoY comparison, all segments witnessed growth except the A-segment, which witnessed a decline of 1.64% in the January YoY comparison analysis

SEGMENT-WISE JANUARY 2023 CAR SALES

YOY CHANGE

S.No.

Segment

Jan 2023

Jan 2022

Change

% Change

Trend

1

A

40,632

41,310

-678

-1.64%

2

B1

72,546

63,499

9,047

14.25%

3

B2

1,33,203

1,14,355

18,848

16.48%

4

C

62,962

53,971

8,991

16.66%

5

D1

31,139

20,053

11,086

55.28%

6

D2

5,323

1,580

3,743

236.9%

Segment-Wise January 2023 Car Sales - MoM Change

  • In terms of MoM comparison for the month of January, all segments saw a growth in their sales figures in comparison to the decline in sales witnessed in the December MoM sales analysis
  • The D2-segment and A-segment saw the highest MoM growth of all, of around 130% and 75%, respectively
  • The B1 segment followed the A-segment with a 38% growth while the D1-segment saw a growth of 34%

SEGMENT-WISE JANUARY 2023 CAR SALES

MOM CHANGE

S.No.

Segment

Jan 2023

Dec 2022

Change

% Change

Trend

1

A

40,632

23,263

17,369

74.66%

2

B1

72,546

52,462

20,084

38.28%

3

B2

1,33,203

1,14,024

19,179

16.82%

4

C

62,962

59,826

3,136

5.24%

5

D1

31,139

23,242

7,897

33.98%

6

D2

5,323

2,313

3,010

130.13%

Segment-Wise — 6-Month Sales Trend (Aug 2022 - Jan 2023)

SEGMENT-WISE 6 MONTH SALES TREND

AUG 2022 - JAN 2023

Segment

Aug 2022

Sep 2022

Oct 2022

Nov 2022

Dec 2022

Jan 2023

6 Month Avg

A

41,717

49,662

39,987

29,414

23,263

40,632

37,446

B1

63,908

66,462

66,943

60,151

52,462

72,546

63,745

B2

1,36,143

1,37,262

1,29,873

1,36,238

1,14,024

1,33,203

1,31,124

C

48,357

57,953

63,516

63,651

59,826

62,962

59,378

D1

34,135

38,651

32,590

29,351

23,242

31,139

31,518

D2

3,819

4,460

3,320

3,265

2,313

5,323

3,750

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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.

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