Published : 24 April 2023
Read Time : 5 min
Author: Prathu Sharma
In this March 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 March 2023 Car Sales - YoY Change
- In terms of percentage, Citroen posted the best YoY improvement of 3775% because of the low numbers in March 2022. It is worth noting that Citroen is not yet a high volume manufacturer in India, but it is reaching the numbers of NIssan and likes.
- Among the high volume carmakers, Mahindra posted the best growth in March YoY comparison, with a 31.37% rise in sales.
- The biggest loser was Jeep with a 46.58% decline in YoY dispatch numbers in March.
- Jeep was followed by Renault with a 36.73% decline in YoY numbers.
- Maruti sales remained unchanged (just an insubstantial drop of 0.82%).
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Brand-Wise March 2023 Car Sales - MoM Change
- Citroen was the top gaining brand in MoM comparison a well, with a 514% growth in numbers
- Citroen was followed by MG and Nissan with 53% and 49% growth in sales numbers in March
- Reanult was the top losing brand with a 18.55% decline in MoM dispatches in March compared to February
- Reanult was followed by Kia with a 12.6% drop in dispatches in March over February
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Car Brands — 6-Month Brand Sales Trend (Oct 2022 - Mar 2023)
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