May 2023 Mahindra Car Sales Analysis - YoY, MoM Change, 6-Month Trend | V3Cars

In this May 2023 Mahindra car sales analysis, we’ll look at the car sales of Mahindra for the previous month. We’ll also compare the YoY and MoM change to find out which Mahindra cars’ sales improved and which ones declined. Lastly, the table with monthly sales for the last 6 months will give you an idea about the 6-month sales trend of all Mahindra cars.

Mahindra Car Sales

May 2023 - Mahindra Car Sales Figures - YoY Change

  • Scorpio pair(Scorpio-N & Classic) were the best-selling cars in the month of May. Over 9,300 units of the pair were sold.
  • Scorpio pair was also the best gainer with 114% YoY gains in May comparison analysis.
  • The Thar was the second best gainer for Mahindra, with a 34% YoY growth in the month of May.
  • Mahindra launched its first and only electric car, the XUV400 in the past year and reported about 700 units dispatched in the month of May.
  • Speaking of losers, Marazzo was the top loser with a 74% drop in YoY comparison analysis.
  • Alturas G4 was discontinued by the carmaker. Besides that, E-Verito has been reporting zero dispatches for three consecutive months and may have been discontinued by the carmaker.

MAHINDRA CAR SALES - MAY 2023

YOY CHANGE

Rank

Model

Segment

Body-Type

May 2023

May 2022

Change

%Change

Trend

1

Scorpio Classic + Scorpio-N

D1

SUV

9,318

4,348

4,970

114.31%

2

Bolero + Neo

B2

SUV

8,170

8,767

-597

-6.81%

3

XUV700

D1

SUV

5,245

5,069

176

3.47%

4

XUV300

B2

SUV

5,125

5,022

103

2.05%

5

Thar

B2

SUV

4,296

3,209

1,087

33.87%

6

XUV400

B2

SUV

696

-

-

-

-

7

Marazzo

C2

MPV

33

127

-94

-74.02%

8

E-Verito

C1

Sedan

0

18

-18

-100%

9

Alturas G4

D2

SUV

-

90

-

-

-

May 2023 - Mahindra Car Sales Figures - MoM Change

  • Most Mahindra cars reported an MoM decline in May, with the exception of XUV300 and XUV700, which reported a MoM growth of around 1.24% and 10.26%, respectively
  • Amongst the losers, the XUV400 saw the biggest decline of about 23%, followed by the Thar with 19%
  • Other notable loser in MoM comparison losers for Mahindra in May was the Bolero pair with a 9.76% decline in dispatches

MAHINDRA CAR SALES - MAY 2023

MOM CHANGE

Rank

Model

Segment

Body-Type

May 2023

Apr 2023

Change

%Change

Trend

1

Scorpio Classic + Scorpio-N

D1

SUV

9,318

9,617

-299

-3.11%

2

Bolero + Neo

B2

SUV

8,170

9,054

-884

-9.76%

3

XUV700

D1

SUV

5,245

4,757

488

10.26%

4

XUV300

B2

SUV

5,125

5,062

63

1.24%

5

Thar

B2

SUV

4,296

5,302

-1,006

-18.97%

6

XUV400

B2

SUV

696

902

-206

-22.84%

7

Marazzo

C2

MPV

33

0

33

-

-

Mahindra — 6-Month Sales Trend (Dec 2022 - May 2023)

MAHINDRA CARS 6 MONTH SALES TREND

DEC 2022 - MAY 2023

Model

Segment

Body-Type

Dec 2022

Jan 2023

Feb 2023

Mar 2023

Apr 2023

May 2023

6 Month Avg

Bolero + Neo

B2

SUV

7,311

8,574

9,782

9,546

9,054

8,170

8,740

KUV100

B1

Hatch

1

0

0

0

0

0

0

Marazzo

C2

MPV

171

164

171

490

0

33

172

Scorpio Classic + Scorpio-N

D1

SUV

7,003

8,715

6,950

8,788

9,617

9,318

8,399

Thar

B2

SUV

3,374

4,410

5,004

5,008

5,302

4,296

4,566

XUV300

B2

SUV

4,850

5,390

3,809

5,128

5,062

5,125

4,894

XUV400

B2

SUV

-

-

-

1,909

902

696

1,169

XUV700

D1

SUV

5,623

5,787

4,505

5,107

4,757

5,245

5,171

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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.

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