May 2023 Cars Sales Analysis – Overall Snapshot With YoY, MoM Change | V3Cars

May 2023 Overall Car Sales

In this May 2023 detailed car sales analysis article, we’ll look at the YoY and MoM change in sales figures for each car and the YoY, MoM change each car witnessed in the same month.

We’ll also include sales figures from the last 6 months to give you an idea about the 6-month trend of each car on sale in India and share our observations.

  • Speaking of consistent performers over the last 6 months, top five cars ranked by the average sales over the last 6 months are:
    1. Maruti Suzuki Baleno   (B2-Hatch, 17,160)
    2. Maruti Suzuki WagonR (B1-Hatch, 16,999)
    3. Maruti Suzuki Swift       (B1-Hatch, 16,762)
    4. Tata Nexon               (B2-SUV, 14,288)
    5. Maruti Alto/Alto K10   (A-Hatch, 13,801)
  • As it is clear from the numbers, Maruti holds the biggest market share owing to its consistently good selling cars. 4 out of 5 cars with best average sales for 6 months are from Maruti Suzuki.
  • Tata has done something right with their B2-segment SUV, the Nexon, as it stands 4th out of 77 cars on sale in the Indian market currently.
  • Disregarding the numbers of low volume cars like Marazzo and Kona Electric, the MG ZS EV was the clear winner in terms of YoY gains in May. It recorded a YoY growth of about 362.58%. The MG ZS EV also reported a 202% growth in sales in May compared to April, which is a significant growth number for the EV.
  • The 10 top-gainers in the market in the YoY comparison analysis (including all cars) are :
    1. Hyundai Tucson   (37800.00%)
    2. Kia EV6   (453.33%)
    3. MG ZS EV   (362.58%)
    4. Toyota Hilux   (361.54%)
    5. MG Gloster   (325.49)
    6. Volkswagen Tiguan (216.67%)
    7. Toyota Innova Hycross/Crysta (184.11%)
    8. Hyundai Verna (147.78%)
    9. Toyota Fortuner (143.83%)
    10. Mahindra Scorpio Classic/Scorpio-N (114.31%)
  • The top selling brand for the month of May 2023 was Maruti Suzuki, with over 97 thousand units sold, which is about 0.48% higher from the previous month of April.
  • The total sales of brands in the month of May in comparison to the total sales in April are as follows:

Brand

May 2023

Apr 2023

Change

%MoM

Maruti Suzuki

97,115

96,654

461

0.48

Hyundai

48,601

49,701

-1,100

-2.21

Maruti Nexa

46,593

40,684

5,909

14.52

Tata

45,880

47,010

-1,130

-2.4

Mahindra

32,883

34,694

-1,811

-5.22

Toyota

19,379

14,162

5,217

36.84

Kia

18,766

23,216

-4,450

-19.17

MG

5,006

4,551

455

10

Honda

4,660

5,313

-653

-12.29

Renault

4,625

4,323

302

6.99

Skoda

3,547

4,009

-462

-11.52

Volkswagen

3,286

3,032

254

8.38

Nissan

2,618

2,617

1

0.04

Citroen

806

1,003

-197

-19.64

Jeep

734

558

176

31.54

Grand Total

3,34,499

3,31,527

2,972

0.9

  • Maruti’s supremacy over the Indian car market is such that Maruti would have to lose roughly half the units in sales to match the second best-selling brand, Hyundai.
  • The Baleno from Maruti Suzuki was the best-selling model in May, with almost 18,733 units sold.
  • The manufacturer with the least units sold in May was Jeep, with just 734 units, which is an improvement of 31.54% compared to April.
  • In the last 6-9 months, we’ve witnessed a lot of action in the Indian auto industry with a bunch of new car launches, generation updates and mid-life refreshes. We can expect a lot more to happen during the rest of 2023.

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Brand

Car Model

Dec 2022

Jan 2023

Feb 2023

Mar 2023

Apr 2023

May 2023

YoY%

MoM%

AVG

Citroen

C3

913

788

111

1,075

741

600

-

-19.03%

705

C5 Aircross

19

16

4

52

10

6

-75.00%

-40.00%

18

EC3

-

-

213

888

252

200

-

-20.63%

388

Honda

Amaze

3,614

5,580

4,123

3,996

3,393

3,128

-15.66%

-7.81%

3,972

City

3,086

2,058

1,963

2,693

1,920

1,532

-57.77%

-20.21%

2,209

Jazz

3

0

0

-

-

-

-

-

1

WR-V

359

183

0

3

0

-

-

-

109

Hyundai

Alcazar

1,478

1,537

1,559

2,519

2,037

2,443

25.48%

19.93%

1,929

Creta

10,205

15,037

10,421

14,026

14,186

14,449

31.68%

1.85%

13,054

Grand i10 Nios

8,340

8,760

9,635

9,304

6,839

6,385

-30.13%

-6.64%

8,211

i20

4,697

8,185

9,287

6,596

6,472

6,094

36.54%

-5.84%

6,889

Ioniq 5

-

-

-

21

189

160

-

-15.34%

123

Kona

120

40

0

0

0

84

31.25%

-

41

Tucson

12

180

498

581

550

379

37800.00%

-31.09%

367

Venue

8,285

10,738

9,997

10,024

10,342

10,213

23.05%

-1.25%

9,933

Verna

1,538

995

47

3,755

4,001

3,687

147.78%

-7.85%

2,337

Xcent + Aura

4,156

4,634

5,524

3,774

5,085

4,707

42.16%

-7.43%

4,647

Jeep

Compass

484

485

406

395

266

316

-65.95%

18.80%

392

Meridian

285

200

313

285

292

418

-

43.15%

299

Kia

Carens

3,195

7,900

6,248

6,102

6,107

6,367

38.05%

4.26%

5,987

Carnival

88

1,003

504

168

0

0

-100.00%

-

294

EV6

134

0

0

0

152

83

453.33%

-45.39%

62

Seltos

5,995

10,470

8,012

6,554

7,213

4,065

-31.72%

-43.64%

7,052

Sonet

5,772

9,261

9,836

8,677

9,744

8,251

4.46%

-15.32%

8,590

Mahindra

Bolero + Neo

7,311

8,574

9,782

9,546

9,054

8,170

-6.81%

-9.76%

8,740

KUV100

1

0

0

0

-

-

-

-

-

Marazzo

171

164

171

490

0

33

-74.02%

-

172

Scorpio Classic + Scorpio-N

7,003

8,715

6,950

8,788

9,617

9,318

114.31%

-3.11%

8,399

Thar

3,374

4,410

5,004

5,008

5,302

4,296

33.87%

-18.97%

4,566

XUV300

4,850

5,390

3,809

5,128

5,062

5,125

2.05%

1.24%

4,894

XUV400

-

-

-

1,909

902

696

-

-22.84%

1,169

XUV700

5,623

5,787

4,505

5,107

4,757

5,245

3.47%

10.26%

5,171

Maruti Nexa

Baleno

16,932

16,357

18,592

16,168

16,180

18,733

34.09%

15.78%

17,160

Ciaz

1,154

1,000

792

300

1,017

992

69.28%

-2.46%

876

Fronx

-

-

-

-

8,784

9,863

-

12.28%

9,324

Grand Vitara

6,171

8,662

9,183

10,045

7,742

8,877

-

14.66%

8,447

Ignis

5,241

5,842

4,749

2,760

4,101

4,551

-9.50%

10.97%

4,541

XL6

3,364

2,582

2,108

1,754

2,860

3,577

-12.44%

25.07%

2,708

Maruti Suzuki

Alto + K10

8,648

21,411

18,114

9,139

11,548

9,368

-27.57%

-18.88%

13,038

Brezza

11,200

14,359

15,787

16,227

11,836

13,398

29.93%

13.20%

13,801

Celerio

1,090

3,418

4,458

4,646

4,890

3,216

-49.73%

-34.23%

3,620

Dzire

11,997

11,317

16,798

13,394

10,132

11,315

-2.48%

11.68%

12,492

Eeco

10,581

11,709

11,352

11,995

10,504

12,818

22.29%

22.03%

11,493

Ertiga

12,273

9,750

6,472

9,028

5,532

10,528

-13.89%

90.31%

8,931

S-Presso

1,117

4,035

3,761

2,443

2,562

2,868

-35.91%

11.94%

2,798

Swift

12,061

16,440

18,412

17,559

18,753

17,346

22.73%

-7.50%

16,762

WagonR

10,181

20,466

16,889

17,305

20,897

16,258

-3.31%

-22.20%

16,999

MG

Astor

1,687

958

1,020

1,511

704

592

-70.72%

-15.91%

1,079

Gloster

111

244

101

247

281

217

325.49%

-22.78%

200

Hector + Hector Plus

1,575

2,441

2,558

4,105

3,103

2,800

71.46%

-9.76%

2,764

ZS EV

526

471

514

548

463

1,397

362.58%

201.73%

653

Nissan

Magnite

2,020

2,803

2,184

3,260

2,617

2,618

36.35%

0.04%

2,584

Renault

Kiger

2,096

1,153

1,802

1,568

1,162

1,713

24.13%

47.42%

1,582

Kwid

1,827

59

1,758

1,283

1,082

797

-47.57%

-26.34%

1,134

Triber

2,203

1,796

3,056

2,538

2,079

2,115

0.24%

1.73%

2,298

Skoda

Kodiaq

107

196

189

416

140

157

48.11%

12.14%

201

Kushaq

2,186

2,013

1,783

2,252

2,162

1,685

-6.70%

-22.06%

2,014

Octavia

129

100

82

86

0

0

-

-

66

Slavia

2,257

1,413

1,274

1,574

1,586

1,695

-31.27%

6.87%

1,633

Superb

110

96

90

104

121

10

-93.42%

-91.74%

89

Tata

Altroz

4,055

5,675

3,955

3,862

4,658

5,420

10.32%

16.36%

4,604

Harrier

2,128

1,572

2,054

2,561

2,783

2,303

-17.57%

-17.25%

2,234

Nexon

12,053

15,567

13,914

14,769

15,002

14,423

-1.31%

-3.86%

14,288

Punch

10,586

12,006

11,169

10,894

10,934

11,124

8.62%

1.74%

11,119

Safari

1,502

1,032

1,252

1,890

2,029

1,776

-20.79%

-12.47%

1,580

Tiago

6,052

9,032

7,457

7,366

8,450

8,133

78.32%

-3.75%

7,748

Tigor

3,669

3,106

3,064

2,705

3,154

2,701

-32.05%

-14.36%

3,067

Toyota

Camry

71

59

67

98

63

142

33.96%

125.40%

83

Fortuner

1,603

3,698

3,426

3,108

2,578

2,887

143.83%

11.99%

2,883

Glanza

4,465

3,327

4,223

3,365

3,653

5,179

75.44%

41.77%

4,035

Hilux

5

1

15

223

269

300

361.54%

11.52%

136

Hyryder

4,201

4,194

3,307

3,474

2,616

3,090

-

18.12%

3,480

Innova Crysta/HyCross

36

1,427

4,169

8,075

4,837

7,776

184.11%

60.76%

4,387

Vellfire

40

22

60

239

146

5

-88.64%

-96.58%

85

Volkswagen

Taigun

2,691

1,455

1,657

1,976

1,520

1,484

17.03%

-2.37%

1,797

Tiguan

130

72

93

132

31

171

216.67%

451.61%

105

Virtus

1,888

1,379

1,563

1,792

1,481

1,631

-25.08%

10.13%

1,622

You can also check out brand-wise, body type-wise and segment-wise full sales analysis for the month of May here : May 2023 Cars Sales Analysis - Full Analysis With YoY, MoM Change | V3Cars

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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