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October 2023 Cars Sales Analysis - Sedan YoY, MoM Change, 6-Month Trend | V3Cars

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

Sedan October 2023 Sales Analysis

Sedans October 2023 Car Sales - YoY Change

  • Top Gainers:
    • Maruti Suzuki Dzire (B2): Dzire emerges as the top gainer with a notable YoY change of 19.30%, indicating a significant increase in demand for the Dzire model.
    • Skoda Slavia (C2): Slavia shows a strong YoY increase of 41.21%, reflecting positive market reception and growing demand for this Skoda sedan model.
    • Volkswagen Virtus (C2): Virtus exhibits a substantial YoY change of 65.30%, suggesting a noteworthy surge in demand for the Virtus sedan. Virtus was the top gainer in the sedan market.
  • Top Losers:
    • Maruti Nexa Ciaz (C2): Ciaz faced a significant decline with a YoY change of 63.11%, indicating challenges or shifts in the market dynamics for the Ciaz sedan model.
    • Honda City (C2): City experienced a notable YoY decrease of 52.22%, highlighting a decline in demand for the Honda City sedan. Factors such as competition, model lifecycle, or market trends may contribute to this decrease.
    • Tata Tigor (B2): Tigor also faced a substantial YoY decline of 60.93%, indicating challenges in the demand for the Tigor sedan.
  • Other Observations:
    • Segment Dynamics: The performance of sedans varies across different segments (B2, C2, D1, D2), showcasing the diverse landscape of the sedan market.
    • Strong Entry: Virtus from Volkswagen made a strong entry with a significant YoY increase, indicating a positive market reception for this sedan model.
    • Luxury Segment Performance: Camry from Toyota shows a remarkable YoY change of 233.90% in the luxury sedan segment (D2), suggesting heightened demand for this model.
  • In summary, the analysis highlights the success of Dzire, Slavia, and Virtus as top gainers in the sedan segment, while also pointing out challenges faced by Ciaz, City, and Tigor. The entry of Virtus and the strong performance of Camry add interesting dimensions to the evolving sedan market.

Also Read: Volkswagen Virtus Petrol Variants Explained - Which One To Buy?

SEDANS OCTOBER 2023 CAR SALES

YOY CHANGE

S.No.

Brand

Model

Segment

Oct 2023

Oct 2022

Change

%Change

Trend

1

Maruti Suzuki

Dzire

B2

14,699

12,321

2,378

19.30%

2

Hyundai

Xcent + Aura

B2

4,096

4,248

-152

-3.58%

3

Honda

Amaze

B2

2,890

5,443

-2,553

-46.90%

4

Hyundai

Verna

C2

2,313

2,179

134

6.15%

5

Skoda

Slavia

C2

1,943

1,376

567

41.21%

6

Volkswagen

Virtus

C2

1,772

1,072

700

65.30%

7

Tata

Tigor

B2

1,563

4,001

-2,438

-60.93%

8

Honda

City

C2

1,553

3,250

-1,697

-52.22%

9

Maruti Nexa

Ciaz

C2

695

1,884

-1,189

-63.11%

10

Toyota

Camry

D2

197

59

138

233.90%

11

Skoda

Superb

D2

-

143

-143

-100%

12

Skoda

Octavia

D1

-

124

-124

-100%

Sedan October 2023 Car Sales - MoM Change

  • Top Gainers:
    • Honda Amaze (B2): Amaze shows a strong MoM increase of 12.15%, indicating a notable increase in demand for the Amaze model.
    • Skoda Slavia (C2): Slavia emerges as the top gainer with a significant MoM change of 22.90%, reflecting positive market reception and growing demand for this Skoda sedan model.
    • Maruti Suzuki Dzire (B2): Dzire continues its positive momentum with a MoM change of 5.90%, contributing to its sustained demand in the market.
  • Top Losers:
    • Maruti Nexa Ciaz (C2): Ciaz faced a significant decline with a MoM change of 53.39%, indicating challenges or shifts in the market dynamics for the Ciaz sedan model.
    • Hyundai Verna (C2): Verna experienced a notable MoM decrease of 11.38%, suggesting a decline in demand for the Hyundai Verna sedan. Factors such as competition, model lifecycle, or market trends may contribute to this decrease.
    • Volkswagen Virtus (C2): Virtus faced a modest MoM decline of 1.06%, indicating a relatively stable performance compared to other models in the sedan segment.
  • Other Observations:
    • Segment Dynamics: The MoM changes highlight the dynamic nature of the sedan segment, with models experiencing both gains and declines.
    • Model Stability: Dzire and Xcent + Aura show relatively stable MoM changes, indicating consistent performance in the market.
    • Luxury Segment Performance: Camry from Toyota faced a decline with a MoM change of 23.94%, suggesting challenges in the luxury sedan segment.
  • In summary, the analysis underscores the success of Amaze and Slavia as top gainers in the sedan segment for October, while also noting challenges faced by Ciaz, Verna, and Virtus. The stability of Dzire and Xcent + Aura indicates consistent market performance. The performance of the luxury sedan Camry is also noteworthy, considering the decline in demand.

SEDAN OCTOBER 2023 CAR SALES

MOM CHANGE

S.No.

Brand

Model

Segment

Oct 2023

Sep 2023

Change

%Change

Trend

1

Maruti Suzuki

Dzire

B2

14,699

13,880

819

5.90%

2

Hyundai

Xcent + Aura

B2

4,096

3,900

196

5.03%

3

Honda

Amaze

B2

2,890

2,577

313

12.15%

4

Hyundai

Verna

C2

2,313

2,610

-297

-11.38%

5

Skoda

Slavia

C2

1,943

1,581

362

22.90%

6

Volkswagen

Virtus

C2

1,772

1,791

-19

-1.06%

7

Tata

Tigor

B2

1,563

1,534

29

1.89%

8

Honda

City

C2

1,553

1,599

-46

-2.88%

9

Maruti Nexa

Ciaz

C2

695

1,491

-796

-53.39%

10

Toyota

Camry

D2

197

259

-62

-23.94%

Sedan Cars — 6-Month Sales Trend (May 2023 - October 2023)

SEDAN CARS 6 MONTH SALES TREND

MAY 2023 - OCTOBER 2023

Brand

Model

Segment

May 2023

Jun 2023

Jul 2023

Aug 2023

Sep 2023

Oct 2023

6 Month Avg

Maruti Suzuki

Dzire

B2

11,315

9,322

13,395

13,293

13,880

14,699

12,651

Hyundai

Xcent + Aura

B2

4,707

4,907

4,514

4,892

3,900

4,096

4,503

Honda

Amaze

B2

3,128

3,602

3,386

3,564

2,577

2,890

3,191

Hyundai

Verna

C2

3,687

4,001

2,858

2,576

2,610

2,313

3,008

Tata

Tigor

B2

2,701

3,335

2,684

2,947

1,534

1,563

2,461

Volkswagen

Virtus

C2

1,631

1,812

1,737

2,140

1,791

1,772

1,814

Skoda

Slavia

C2

1,695

1,639

1,654

1,657

1,581

1,943

1,695

Honda

City

C2

1,532

1,478

1,478

1,494

1,599

1,553

1,522

Maruti Nexa

Ciaz

C2

992

1,744

1,348

849

1,491

695

1,187

Toyota

Camry

D2

142

184

190

181

259

197

192

Skoda

Superb

D2

10

-

-

-

-

-

39

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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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