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November 2023 Cars Sales Analysis - Hatchback YoY, MoM Change, 6-Month Trend | V3Cars

In this November 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.

Hatchback Sales

Hatchbacks Segment November 2023 Car Sales - YoY Change

  • Top Gainers:
    • Maruti Suzuki WagonR (B1): Showed a significant YoY increase of 12.55%, indicating sustained popularity and demand for this model in the market.
    • Maruti Suzuki Swift (B1): Experienced a slight YoY increase of 1.04%, suggesting stable performance and consistent demand for the Swift.
    • Tata Tiago (B1): Demonstrated a noteworthy YoY increase of 8.06%, reflecting positive consumer reception and demand for the Tiago model.
    • Toyota Glanza (B2): Recorded a YoY increase of 10.08%, indicating sustained interest and sales growth for the Glanza in the specified period.
    • Hyundai i20 (B2): Despite a decrease in sales, the i20 showed resilience with a YoY decline of 20.85%, suggesting it still maintains a substantial market presence.
  • Top Losers:
    • Maruti Nexa Baleno (B2): Experienced a significant YoY decrease of 38.12%, indicating a substantial shift in market dynamics or competition affecting the Baleno model.
    • Maruti Suzuki Alto K10 (A): Witnessed a substantial YoY decrease of 48.44%, suggesting changing consumer preferences or increased competition in the relevant segment.
    • Hyundai Grand i10 Nios (B1): Showed a significant YoY decrease of 40.86%, indicating potential challenges or shifts in the market for this model.
    • Maruti Nexa Ignis (B1): Recorded a substantial YoY decrease of 67.37%, suggesting challenges or changes in consumer preferences impacting Ignis sales.
    • Maruti Suzuki S-Presso (A): Experienced a notable YoY decrease of 27.24%, indicating potential challenges or shifts in the market for this model.

HATCHBACKS NOVEMBER 2023 CAR SALES

YOY CHANGE

S.No.

Brand

Model

Segment

Nov 2023

Nov 2022

Change

%Change

Trend

1

Maruti Suzuki

WagonR

B1

16,567

14,720

1,847

12.55%

2

Maruti Suzuki

Swift

B1

15,311

15,153

158

1.04%

3

Maruti Nexa

Baleno

B2

12,961

20,945

-7,984

-38.12%

4

Maruti Suzuki

Alto K10

A

8,076

15,663

-7,587

-48.44%

5

Hyundai

i20

B2

5,727

7,236

-1,509

-20.85%

6

Tata

Tiago

B1

5,508

5,097

411

8.06%

7

Tata

Altroz

B2

4,955

5,084

-129

-2.54%

8

Hyundai

Grand i10 Nios

B1

4,708

7,961

-3,253

-40.86%

9

Toyota

Glanza

B2

3,950

4,393

-443

-10.08%

10

Maruti Suzuki

Celerio

A

2,215

2,483

-268

-10.79%

11

Maruti Suzuki

S-Presso

A

1,883

2,588

-705

-27.24%

12

Maruti Nexa

Ignis

B1

1,660

5,087

-3,427

-67.37%

13

MG

Comet EV

A

698

-

698

-

-

14

Renault

Kwid

A

610

1,497

-887

-59.25%

15

Hyundai

Ioniq 5

C2

96

-

96

-

-

16

Honda

Jazz

B2

-

20

-20

-

-

17

Mahindra

KUV100

B1

-

2

-2

-

-

Hatchback Segment November 2023 Car Sales - MoM Change

  • Top Gainers:
    • Tata Tiago (B1): Recorded a notable MoM increase of 2.84%, showcasing a positive trend in demand for the Tiago model.
    • Maruti Suzuki Ignis (B1): Experienced a MoM increase of 13.56%, indicating improved sales performance for the Ignis in the specified month.
    • MG Comet EV (A): Showed a MoM increase of 48.57%, suggesting a potential rise in interest and sales for the electric vehicle.
    • Renault Kwid (A): Recorded a MoM increase of 29.80%, indicating improved sales for the Kwid model in the specified month.
    • Hyundai Ioniq 5 (C2): Showed a MoM increase of 17.95%, suggesting a positive trend in sales for the Ioniq 5 in the relevant segment.
  • Top Losers:
    • Maruti Suzuki Alto K10 (A): Witnessed a significant MoM decrease of 27.89%, indicating potential challenges or shifts in the market for this model.
    • Hyundai Grand i10 Nios (B1): Showed a substantial MoM decrease of 28.14%, suggesting challenges or changes in consumer preferences impacting Grand i10 Nios sales.
    • Maruti Suzuki WagonR (B1): Experienced a MoM decrease of 24.97%, reflecting a decline in sales for the WagonR model in the specified month.
    • Maruti Suzuki Swift (B1): Recorded a MoM decrease of 25.67%, indicating a decline in demand or competition affecting the Swift model.
    • Maruti Nexa Baleno (B2): Witnessed a MoM decrease of 21.89%, suggesting potential challenges or shifts in the market for this model.

HATCHBACKS NOVEMBER 2023 CAR SALES

MOM CHANGE

S.No.

Brand

Model

Segment

Nov 2023

Oct 2023

Change

%Change

Trend

1

Maruti Suzuki

WagonR

B1

16,567

22,080

-5,513

-24.97%

2

Maruti Suzuki

Swift

B1

15,311

20,598

-5,287

-25.67%

3

Maruti Nexa

Baleno

B2

12,961

16,594

-3,633

-21.89%

4

Maruti Suzuki

Alto K10

A

8,076

11,200

-3,124

-27.89%

5

Hyundai

i20

B2

5,727

7,212

-1,485

-20.59%

6

Tata

Tiago

B1

5,508

5,356

152

2.84%

7

Tata

Altroz

B2

4,955

5,984

-1,029

-17.20%

8

Hyundai

Grand i10 Nios

B1

4,708

6,552

-1,844

-28.14%

9

Toyota

Glanza

B2

3,950

4,724

-774

-16.38%

10

Maruti Suzuki

Celerio

A

2,215

4,317

-2,102

-48.69%

11

Maruti Suzuki

S-Presso

A

1,883

3,368

-1,485

-44.09%

12

Maruti Nexa

Ignis

B1

1,660

2,374

-714

-30.08%

13

MG

Comet EV

A

698

1,036

-338

-32.63%

14

Renault

Kwid

A

610

869

-259

-29.80%

15

Hyundai

Ioniq 5

C2

96

117

-21

-17.95%

Hatchback Cars — 6-Month Sales Trend (June 2023 - November 2023)

HATCHBACK CARS 6 MONTH SALES TREND

JUNE 2023 - NOVEMBER 2023

Brand

Model

Segment

Jun 2023

Jul 2023

Aug 2023

Sep 2023

Oct 2023

Nov 2023

6 Month Avg

Maruti Suzuki

Swift

B1

15,955

17,896

18,653

14,703

20,598

15,311

17,186

Maruti Suzuki

WagonR

B1

17,481

12,970

15,578

16,250

22,080

16,567

16,821

Maruti Nexa

Baleno

B2

14,077

16,725

18,516

18,417

16,594

12,961

16,215

Maruti Suzuki

Alto K10

A

11,323

7,099

9,603

7,791

11,200

8,076

9,182

Tata

Tiago

B1

8,135

8,982

9,463

6,789

5,356

5,508

7,372

Tata

Altroz

B2

7,250

7,817

7,825

6,684

5,984

4,955

6,753

Hyundai

i20

B2

6,162

5,001

4,896

6,481

7,212

5,727

5,913

Hyundai

Grand i10 Nios

B1

6,321

5,337

7,306

5,223

6,552

4,708

5,908

Toyota

Glanza

B2

3,467

4,902

2,932

4,727

4,724

3,950

4,117

Maruti Suzuki

Celerio

A

3,399

2,893

4,038

3,246

4,317

2,215

3,351

Maruti Nexa

Ignis

B1

4,237

3,223

2,373

2,056

2,374

1,660

2,654

Maruti Suzuki

S-Presso

A

2,731

2,491

2,606

2,560

3,368

1,883

2,607

Renault

Kwid

A

1,349

762

883

747

869

610

870

MG

Comet EV

A

-

-

651

1,020

1,036

698

568

Hyundai

Ioniq 5

C2

100

125

130

176

117

96

124

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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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