Published : 11 August 2023
Read Time : 5 min
Author: Prathu Sharma
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 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)
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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
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Hatchback Cars — 6-Month Sales Trend (Feb 2023 - July 2023)
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