March 2023 Cars Sales Analysis - MPV YoY, MoM Change, 6-Month Trend | V3Cars

In this March 2023 car sales analysis article, we’ll look at the YoY and MoM change in sales figures of all MPVs 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 MPVs for the last 6 months will give you an idea about their 6-month sales trend.

MPV March 2023 Sales Analysis

MPV Segment March 2023 Car Sales - YoY Change

  • Maruti Eeco emerged as the top gaining car among high-volume cars with a 30% YoY increase in March 2023
  • The Maruti Suzuki Eeco was the top selling car in the category with about 12,000 units sold in March
  • Ertiga from Maruti reported a growth of 15%
  • Kia Carnival was the top loser with over 48% YoY decline in numbers
  • Triber was the second biggest loser in the category with a 28.73% drop in YoY comparison

Also Read: Kia Carnival Diesel Variants Explained - Which One To Buy?

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MPV MARCH 2023 CAR SALES

YOY CHANGE

S.No.

Brand

Model

Segment

Mar 2023

Mar 2022

Change

%Change

Trend

1

Maruti Suzuki

Eeco

A

11,995

9,221

2,774

30.08%

2

Maruti Suzuki

Ertiga

C

9,028

7,888

1,140

14.45%

3

Kia

Carens

D1

6,102

7,008

-906

-12.93%

4

Toyota

Innova Crysta/HyCross

D1

8,075

7,917

158

2.00%

5

Renault

Triber

B2

2,538

3,561

-1,023

-28.73%

6

Maruti Suzuki

XL6

C

1,754

2,000

-246

-12.30%

7

Kia

Carnival

D2

168

328

-160

-48.78%

8

Mahindra

Marazzo

D1

490

279

211

75.63%

9

Toyota

Vellfire

D2

239

0

239

-

-

 MPV Segment March 2023 Car Sales - MoM Change

  • Among MPVs, the Maruti Suzuki Eeco and Ertiga were the top 2 sellers in March
  • The Ertiga barely sold 6,500 units in February, but sold over 9,000 units in March, reporting a gain of 39.49%.
  • Innova Crysta and Hycross nearly doubled their sales in March compared to February, which made them the top gaining mass-market car in the category for the March MoM comparison analysis
  • On the other hand, Eeco, which sold 11,352 units in February, sold 11,995 units in March, which is a rise of 5.66%, can be considered to be stable 
  • Renault Triber and Maruti XL6 were the top losers with 17% MoM decline in numbers
  • Amongst the low-volume cars, Toyota Vellfire topped the list with 298% growth in sales in March over February, which was followed by Mahindra Marazzo with 187% growth, whereas Kia Carnival reported a 67% decrease in numbers

MPV MARCH 2023 CAR SALES

MOM CHANGE

S.No.

Brand

Model

Segment

Mar 2023

Feb 2023

Change

%Change

Trend

1

Maruti Suzuki

Eeco

A

11,995

11,352

643

5.66%

2

Maruti Suzuki

Ertiga

C

9,028

6,472

2,556

39.49%

3

Toyota

Innova Crysta/HyCross

D1

8,075

4,169

3,906

93.69%

4

Kia

Carens

D1

6,102

6,248

-146

-2.34%

5

Renault

Triber

B2

2,538

3,056

-518

-16.95%

6

Maruti Suzuki

XL6

C

1,754

2,108

-354

-16.79%

7

Mahindra

Marazzo

D1

490

171

319

186.55%

8

Toyota

Vellfire

D2

239

60

179

298.33%

9

Kia

Carnival

D2

168

504

-336

-66.67%

MPV Cars — 6-Month Sales Trend (Oct 2022 - Mar 2023)

MPV CARS 6 MONTH SALES TREND

OCT 2022 - MAR 2023

Brand

Model

Oct 2022

Nov 2022

Dec 2022

Jan 2023

Feb 2023

Mar 2023

6 Month Avg

Kia

Carens

5,479

6,360

3,195

7,900

6,248

6,102

5,881

Kia

Carnival

301

419

88

1,003

504

168

414

Maruti Suzuki

Eeco

8,861

7,183

10,581

11,709

11,352

11,995

10,280

Maruti Suzuki

Ertiga

10,494

13,818

12,273

9,750

6,472

9,028

10,306

Toyota

Innova Crysta/HyCross

3,739

2,025

36

1,427

4,169

8,075

3,245

Mahindra

Marazzo

213

201

171

164

171

490

235

Renault

Triber

3,199

2,550

2,203

1,796

3,056

2,538

2,557

Toyota

Vellfire

88

109

40

22

60

239

93

Maruti Suzuki

XL6

2,484

2,988

3,364

2,582

2,108

1,754

2,547

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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.

1 Comments

  1. N Navin Pradhip K says:
    May 13 2023 12:25:40

    Thanks for this report. Last 6 months .. requesting to keep adding and make that to an year. Or make it as Nov 2022 - Apr 2023. Thanks V3 and Sharma

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