Published : 15 July 2023
Read Time : 5 min
Author: Prathu Sharma
In this June 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 June 2023 Car Sales - YoY Change
- All except A-segment cars saw a growth in YoY comparison. The A-segment cars reported a 19.59% YoY decline in dispatches.
- In terms of YoY change, the D1-segment was the biggest gainer, posting a YoY growth of over 70%.
- The D1-segment was followed by the C2-segment with a YoY growth of 33.40% in June 2023.
- Next on the rankings was the B1 and C1-segment, which witnessed a YoY growth of around 18% in our June 2023 comparison analysis against the numbers from June 2022.
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Segment-Wise June 2023 Car Sales - MoM Change
- Out of 7 segments in the Indian car market, only B1, C2 and D2-segments saw a growth in dispatch numbers in MoM comparison analysis.
- Speaking of MoM gainers in June comparison, the D2-segment reported a 8.75% MoM growth in June, making it the top growing segment. The C2-segment was a close second and saw a 7.14% MoM rise. B1-segment was right behind with 6.93% MoM growth.
- D1 and C1-segments saw an MoM drop of around 22% in June comparison analysis, making them the top losing car segments in India. The A-segment saw an MoM drop of nearly 3.13% in June compared to May.
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Segment-Wise — 6-Month Sales Trend (Jan 2023 - June 2023)
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