Published : 12 July 2023
Read Time : 5 min
Author: Prathu Sharma
In this June 2023 car sales analysis article, we’ll look at the manufacturer-wise sales figures along with the YoY and MoM change for each carmaker in India. 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 for the last 6 months will give you an idea about the 6-month sales trend of car sales for all manufacturers.
Brand-Wise June 2023 Car Sales - YoY Change
- In terms of percentage, Citroen posted the best YoY improvement of 1202.60% because of the low numbers in June 2022. It is worth noting that Citroen is not yet a high volume manufacturer in India.
- Among the high volume carmakers, Mahindra posted the best growth in June YoY comparison, with a 22.32% rise in sales.
- Mahindra was followed by Toyota, with a 10.45% YoY growth.
- The biggest loser was Renault with a 41.50% decline in YoY dispatch numbers in June.
- Renault was followed by Honda and then Skoda with a 35% and 34% decline, respectively, in YoY numbers.
- Maruti Suzuki was the top-seller for cars in the Indian automobile market, with over 1.30 lakh units dispatched in June 2023, which is a 5.93% YoY growth compared to 1.23 lakh units dispatched in June 2022.
- Hyundai was second in the ranking for best sellers, with 50,000 units dispatched in June 2023, which less than half of that of Maruti Suzuki.
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Brand-Wise June 2023 Car Sales - MoM Change
- Citroen was the top gaining brand in the MoM sales comparison, with a 24.44% growth in numbers. The other gainers in June MoM comparison were Renault with a 17.84% MoM growth and Skoda with 11.81% MoM growth in June.
- Speaking of losers, Jeep was the top losing brand with a 33% decline in MoM dispatches in June compared to May.
- The other notable losers in the MoM comparison were:
- MG with 21.27% drop
- Maruti Suzuki with 9.57% drop
- Toyota with 5.89% drop
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Car Brands — 6-Month Brand Sales Trend (Jan 2023 - June 2023)
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