June 2023 Car Sales Analysis - Brand-Wise YoY, MoM Change, 6-Month Trend | V3Cars

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 Analysis

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.

BRAND-WISE JUNE 2023 CAR SALES

YOY CHANGE

Brand

Jun 2023

Jun 2022

Change

% Change

Trend

Citroen

1,003

77

926

1202.60%

Honda

5,080

7,834

-2,754

-35.15%

Hyundai

50,001

49,001

1,000

2.04%

Jeep

493

1,963

-1,470

-74.89%

Kia

19,391

24,024

-4,633

-19.28%

Mahindra

32,585

26,640

5,945

22.32%

Maruti Suzuki

1,29,956

1,22,685

7,271

5.93%

MG

3,941

4,503

-562

-12.48%

Nissan

2,552

3,515

-963

-27.40%

Renault

5,450

9,317

-3,867

-41.50%

Skoda

3,966

6,023

-2,057

-34.15%

Tata

47,240

45,200

2,040

4.51%

Toyota

18,237

16,512

1,725

10.45%

Volkswagen

3,394

3,315

79

2.38%

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

BRAND-WISE JUNE 2023 CAR SALES

MoM CHANGE

Brand

Jun 2023

May 2023

Change

% Change

Trend

Citroen

1,003

806

197

24.44%

Honda

5,080

4,660

420

9.01%

Hyundai

50,001

48,601

1,400

2.88%

Jeep

493

734

-241

-32.83%

Kia

19,391

18,766

625

3.33%

Mahindra

32,585

32,883

-298

-0.91%

Maruti Suzuki

1,29,956

1,43,708

-13,752

-9.57%

MG

3,941

5,006

-1,065

-21.27%

Nissan

2,552

2,618

-66

-2.52%

Renault

5,450

4,625

825

17.84%

Skoda

3,966

3,547

419

11.81%

Tata

47,240

45,880

1,360

2.96%

Toyota

18,237

19,379

-1,142

-5.89%

Volkswagen

3,394

3,286

108

3.29%

Car Brands — 6-Month Brand Sales Trend (Jan 2023 - June 2023)

BRAND-WISE 6 MONTH SALES TREND

JAN 2023 - JUNE 2023

BRAND

Jan 2023

Feb 2023

Mar 2023

Apr 2023

May 2023

Jun 2023

6 Month Avg

Citroen

804

328

2,015

1,003

806

1,003

993

Honda

7,821

6,086

6,692

5,313

4,660

5,080

5,942

Hyundai

50,106

46,968

50,600

49,701

48,601

50,001

49,330

Jeep

685

719

680

558

734

493

645

Kia

28,634

24,600

21,501

23,216

18,766

19,391

22,685

Mahindra

33,040

30,221

35,976

34,694

32,883

32,585

33,233

Maruti Suzuki

1,47,348

1,47,467

1,32,763

1,37,338

1,43,708

1,29,956

1,39,763

MG

4,114

4,193

6,411

4,551

5,006

3,941

4,703

Nissan

2,803

2,184

3,260

2,617

2,618

2,552

2,672

Renault

3,008

6,616

5,389

4,323

4,625

5,450

4,902

Skoda

3,818

3,418

4,432

4,009

3,547

3,966

3,865

Tata

47,990

42,865

44,047

47,010

45,880

47,240

45,839

Toyota

12,728

15,267

18,582

14,162

19,379

18,237

16,393

Volkswagen

2,906

3,313

3,900

3,032

3,286

3,394

3,305

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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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