July 2023 Cars Sales Analysis - Hatchback YoY, MoM Change, 6-Month Trend | V3Cars

In this July 2023 car sales analysis article, we’ll look at the YoY and MoM change in sales figures of all hatchbacks 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. Lastly, the table with monthly sales of all hatchbacks for the last 6 months will give you an idea about their 6-month sales trend.

Hatchbacks

Hatchbacks Segment July 2023 Car Sales - YoY Change

  • In terms of sales, the B1-hatcback segment was the best-selling segment in the Indian market. 48,408 out of 96,223 hatchbacks were B1-segment cars, which makes up to about 50% of the total sales of the hatchbacks in the month of July.
  • The Glanza was the best performing hatchback in July 2023 YoY comparison, with a 65.61% rise in dispatches as compared to July 2022.
  • The Tiago was the second best performing car in the category, with a 45.82% YoY growth in July 2023.
  • Tiago was closely followed by the Altroz hatchback from Tata with a 37.67% YoY growth in July 2023 compared to July 2022.
  • The S-Presso from Maruti was the biggest loser, with around 78% decline in sales. The Celerio was the second biggest loser with a 58% decline in dispatches in the July YoY comparison.
  • The Ignis and Grand i10 Nios also reported a YoY decline of around 47% in July
  • The cars that were discontinued are:
    • Honda Jazz (Discontinued in 2023)
    • Hyundai Santro (Discontinued in 2022)
    • Volkswagen Polo (Discontinued in 2022)

HATCHBACKS JULY 2023 CAR SALES

YOY CHANGE

S.No.

Brand

Model

Segment

Jul 2023

Jul 2022

Change

%Change

Trend

1

Maruti Suzuki

Swift

B1

17,896

17,539

357

2.04%

2

Maruti Nexa

Baleno

B2

16,725

17,960

-1,235

-6.88%

3

Maruti Suzuki

WagonR

B1

12,970

22,588

-9,618

-42.58%

4

Tata

Tiago

B1

8,982

6,159

2,823

45.84%

5

Tata

Altroz

B2

7,817

5,678

2,139

37.67%

6

Maruti Suzuki

Alto + K10

A

7,099

9,065

-1,966

-21.69%

7

Hyundai

Grand i10 Nios

B1

5,337

10,000

-4,663

-46.63%

8

Hyundai

i20

B2

5,001

6,873

-1,872

-27.24%

9

Toyota

Glanza

B2

4,902

2,960

1,942

65.61%

10

Maruti Nexa

Ignis

B1

3,223

6,130

-2,907

-47.42%

11

Maruti Suzuki

Celerio

A

2,893

6,854

-3,961

-57.79%

12

Maruti Suzuki

S-Presso

A

2,491

11,268

-8,777

-77.89%

13

Renault

Kwid

A

762

1,329

-567

-42.66%

14

Hyundai

Ioniq 5

C2

125

-

125

-

-

15

Honda

Jazz

B2

-

341

-341

-

-

16

Hyundai

Santro

A

-

3

-3

-

-

17

Volkswagen

Polo

B2

-

3

-3

-

-

Hatchback Segment July 2023 Car Sales - MoM Change

  • The Swift claimed the top spot, with about 17,955 units sold in the month of July.
  • Most cars in the category reported an MoM drop in July. The exceptions were:
    • Glanza with 41.39% rise
    • Ioniq 5 with 25% rise
    • Baleno with 18.81% rise
    • Swift with 12.17% rise
    • Tiago with 10.97% rise
    • Altroz with 7.82% rise
  • Toyota Glanza was the top gainer for the July comparison.
  • The Kwidn emerged as the top MoM loser in the month of July with a 43.51% drop in dispatches in July compared to June.
  • The other notable losers were:
    • Alto pair with 37.30% drop
    • WagonR with 25.81% drop
    • Ignis with 24% drop
    • I20 with 18.84% drop

HATCHBACKS JULY 2023 CAR SALES

MOM CHANGE

S.No.

Brand

Model

Segment

Jul 2023

Jun 2023

Change

%Change

Trend

1

Maruti Suzuki

Swift

B1

17,896

15,955

1,941

12.17%

2

Maruti Nexa

Baleno

B2

16,725

14,077

2,648

18.81%

3

Maruti Suzuki

WagonR

B1

12,970

17,481

-4,511

-25.81%

4

Tata

Tiago

B1

8,982

8,135

847

10.41%

5

Tata

Altroz

B2

7,817

7,250

567

7.82%

6

Maruti Suzuki

Alto + K10

A

7,099

11,323

-4,224

-37.30%

7

Hyundai

Grand i10 Nios

B1

5,337

6,321

-984

-15.57%

8

Hyundai

i20

B2

5,001

6,162

-1,161

-18.84%

9

Toyota

Glanza

B2

4,902

3,467

1,435

41.39%

10

Maruti Nexa

Ignis

B1

3,223

4,237

-1,014

-23.93%

11

Maruti Suzuki

Celerio

A

2,893

3,399

-506

-14.89%

12

Maruti Suzuki

S-Presso

A

2,491

2,731

-240

-8.79%

13

Renault

Kwid

A

762

1,349

-587

-43.51%

14

Hyundai

Ioniq 5

C2

125

100

25

25.00%

Hatchback Cars — 6-Month Sales Trend (Feb 2023 - July 2023)

HATCHBACK CARS 6 MONTH SALES TREND

FEB 2023 - JULY 2023

Brand

Model

Segment

Feb 2023

Mar 2023

Apr 2023

July 2023

Jun 2023

Jul 2023

6 Month Avg

Maruti Suzuki

Alto + K10

A

18,114

9,139

11,548

9,368

11,323

7,099

11,099

Tata

Altroz

B2

3,955

3,862

4,658

5,420

7,250

7,817

5,494

Maruti Nexa

Baleno

B2

18,592

16,168

16,180

18,733

14,077

16,725

16,746

Maruti Suzuki

Celerio

A

4,458

4,646

4,890

3,216

3,399

2,893

3,917

Toyota

Glanza

B2

4,223

3,365

3,653

5,179

3,467

4,902

4,132

Hyundai

Grand i10 Nios

B1

9,635

9,304

6,839

6,385

6,321

5,337

7,304

Hyundai

i20

B2

9,287

6,596

6,472

6,094

6,162

5,001

6,602

Maruti Nexa

Ignis

B1

4,749

2,760

4,101

4,551

4,237

3,223

3,937

Hyundai

Ioniq 5

C2

-

21

189

160

100

125

119

Renault

Kwid

A

1,758

1,283

1,082

797

1,349

762

1,172

Maruti Suzuki

S-Presso

A

3,761

2,443

2,562

2,868

2,731

2,491

2,809

Maruti Suzuki

Swift

B1

18,412

17,559

18,753

17,346

15,955

17,896

17,654

Tata

Tiago

B1

7,457

7,366

8,450

8,133

8,135

8,982

8,087

Maruti Suzuki

WagonR

B1

16,889

17,305

20,897

16,258

17,481

12,970

16,967

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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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