Published : 22 April 2023
Read Time : 5 min
Author: Prathu Sharma
In this March 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 March 2023 Car Sales - YoY Change
- In terms of sales, the B-segment hatchback was the best-selling segment in the Indian market
- The Tiago was the best performing hatchback in March 2023 YoY comparison, with a 84% rise in dispatches as compared to March 2022
- The i20 was the second best performing car in the category, with a 40.55% YoY growth in March 2023
- Disregarding the cars that reported zero sales in March 2023, the S-Presso from Maruti was the biggest loser, with around 69% decline in sales. The Kwid was the second biggest loser with a 48% decline in dispatches in the March YoY comparison
- The Ignis also reported a YoY decline of 38% in March
- The cars that were discontinued are:
- Honda Jazz (Discontinued in 2023)
- Hyundai Santro (Discontinued in 2022)
- Mahindra KUV100 (Discontinued in 2023)
- Volkswagen Polo (Discontinued in 2022)
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Hatchback Segment March 2023 Car Sales - MoM Change
- The Swift claimed the top spot, with over 17,500 units sold in the month of March.
- Most cars in the category reported an MoM decline in March, except Celerio with 4.22% and WagonR with 2.46%.
- The Alto pair emerged as the top MoM loser in the month of March, with about 50% decline in dispatch numbers.
- Among the notable MoM losers were the I20, S-Presso and Ignis, with their dispatches declining by around 29%, 35% and 42% respectively.
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Hatchback Cars — 6-Month Sales Trend (Oct 2022 - Mar 2023)
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