November 2022 Car Sales Analysis - Segment-Wise YoY, MoM Change, 6-Month Trend | V3Cars

In this November 2022 car sales analysis article, we’ll look at the segment-wise sales figures along with the YoY and MoM change for each carmaker in India. Where applicable, we’ll 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 body-styles for the last 6 months will give you an idea about their 6-month sales trend.

Segment-Wise

Segment-Wise November 2022 Car Sales - YoY Change

  • In terms of YoY change, the B2-segment was the biggest gainer, posting a YoY growth of 52%
  • The B2-segment was followed by the C and D1-segments, with YoY growth of 39.4% in November 2022
  • In terms of YoY comparison, all segments witnessed growth except the A-segment, which has been showing a downward trend on YoY comparison analysis. The A-segment witnesses a YoY decline of 19% in the month of November

SEGMENT-WISE NOVEMBER 2022 CAR SALES

YOY CHANGE

S.No.

Segment

Nov 2022

Nov 2021

Change

% Change

Trend

1

A

29,414

36,338

-6,924

-19.05%

2

B1

60,151

49,494

10,657

21.53%

3

B2

1,36,238

89,699

46,539

51.88%

4

C

63,919

45,826

18,093

39.48%

5

D1

29,083

20,864

8,219

39.39%

6

D2

3,265

2,870

395

13.76%

Segment-Wise November 2022 Car Sales - MoM Change

  • In terms of MoM comparison for the month of November, 5 of the 6 segments saw a decline in their sales figures
  • Among the falling segments, A-segment sales dropped by 26.4%, followed by B1-segment with 10% fall, 9.36% fall for D1-segment and 1.66% fall for the D2-segment in November MoM comparison
  • The B2-segment saw a gain of 5% in terms of MoM change and was the top-gaining segment
  • C and D2-segment dispatches declined. However, the decline was under 2% so they can be considered fairly consistent

SEGMENT-WISE NOVEMBER 2022 CAR SALES

MOM CHANGE

S.No.

Segment

Nov 2022

Oct 2022

Change

% Change

Trend

1

A

29,414

39,987

-10,573

-26.44%

2

B1

60,151

66,943

-6,792

-10.15%

3

B2

1,36,238

1,29,873

6,365

4.9%

4

C

63,919

64,018

-99

-0.15%

5

D1

29,083

32,088

-3,005

-9.36%

6

D2

3,265

3,320

-55

-1.66%

Segment-Wise — 6-Month Sales Trend (June 2022 - Nov 2022)

SEGMENT-WISE 6 MONTH SALES TREND

JUNE 2022 - NOV 2022

Segment

Jun 2022

Jul 2022

Aug 2022

Sep 2022

Oct 2022

Nov 2022

Average

A

35,822

41,567

41,717

49,662

39,987

29,414

36,585

B1

65,079

73,423

63,908

66,462

66,943

60,151

57,961

B2

1,24,918

1,37,569

1,36,143

1,37,262

1,29,873

1,36,238

1,14,343

C

55,356

50,698

48,725

58,404

64,018

63,919

60,341

D1

34,436

33,527

33,767

38,200

32,088

29,083

28,687

D2

4,998

4,327

3,819

4,460

3,320

3,265

3,646

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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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