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October 2023 Maruti Suzuki, Nexa Car Sales Analysis – YoY, MoM Change, 6-Month Trend | V3Cars

In this October 2023 Maruti Suzuki Cars sales analysis article, we’ll look at the car sales of Arena and Nexa for the previous month. We’ll also compare the YoY and MoM change to find out which Maruti cars’ sales improved and which ones declined.

Maruti Car Sales Analysis

October 2023 - Maruti Suzuki Arena & Nexa Car Sales Figures - YoY Change

  • Top Gainers:
    • XL6 stands out as the top gainer with an impressive YoY growth of 75.81%, indicating a significant increase in demand for this MPV model compared to October 2022.
    • Brezza emerges as a strong gainer with a substantial YoY growth of 61.45%, showcasing increased popularity in the SUV segment.
    • Ertiga demonstrates robust growth of 35.40% YoY, indicating sustained demand for this MPV model.
    • Grand Vitara shows strong YoY growth of 34.55%, suggesting an uptick in demand for this SUV model.
  • Top Losers:
    • Alto K10 experienced a significant decline with a YoY change of -47.32%, indicating a notable decrease in sales compared to October 2022.
    • Ignis faced a substantial YoY decline of -49.95%, suggesting decreased interest in this hatchback model.
    • Ciaz registered the highest YoY decline of -63.11%, indicating a significant drop in sales for this sedan model.
  • Observations:
    • SUVs Showcase Strength:
    • SUV models, including Brezza and Grand Vitara, emerged as top gainers, highlighting the continued popularity of SUVs in the market.
    • MPV Segment Growth:
    • MPV models like Eeco and Ertiga demonstrated substantial YoY growth, suggesting an increased preference for multi-purpose vehicles among consumers.
    • Hatchback Challenges:
    • Hatchback models, represented by Alto K10 and Ignis, faced notable YoY declines, indicating potential challenges in the hatchback segment.
    • Segment-Specific Trends:
    • The data reflects segment-specific trends, with certain segments experiencing growth while others faced declines. Understanding these trends can help in strategic decision-making for manufacturers.

Also Read: June 2023 - Maruti Nexa Jimny Petrol Variants Explained - Which One To Buy?

MARUTI SUZUKI ARENA & NEXA CAR SALES - OCTOBER 2023

YOY CHANGE

Rank

Model

Segment

Body-Type

Oct 2023

Oct 2022

Change

%Change

Trend

1

WagonR

B1

Hatch

22,080

17,945

4,135

23.04

2

Swift

B1

Hatch

20,598

17,231

3,367

19.54

3

Baleno

B2

Hatch

16,594

17,149

-555

-3.24

4

Brezza

B2

SUV

16,050

9,941

6,109

61.45

5

Dzire

B2

Sedan

14,699

12,321

2,378

19.30

6

Ertiga

C1

MPV

14,209

10,494

3,715

35.40

7

Eeco

A

MPV

12,975

8,861

4,114

46.43

8

Fronx

B2

SUV

11,357

-

-

-

-

9

Alto K10

A

Hatch

11,200

21,260

-10,060

-47.32

10

Grand Vitara

C1

SUV

10,834

8,052

2,782

34.55

11

XL6

C2

MPV

4,367

2,484

1,883

75.81

12

Celerio

A

Hatch

4,317

4,296

21

0.49

13

S-Presso

A

Hatch

3,368

3,676

-308

-8.38

-

14

Ignis

B1

Hatch

2,374

4,743

-2,369

-49.95

15

Jimny

B2

SUV

1,852

-

-

-

-

16

Ciaz

C2

Sedan

695

1,884

-1,189

-63.11

17

Invicto

D1

MPV

478

-

-

-

-

October 2023 - Maruti Suzuki Arena & Nexa Car Sales Figures - MoM Change

  • Top Gainers:
    • Alto K10 emerges as the top gainer with a substantial MoM growth of 43.76%, indicating a significant increase in sales compared to September 2023.
    • Swift follows closely as the second top gainer with a robust MoM growth of 40.09%, showcasing strong demand in the hatchback segment.
    • WagonR recorded notable MoM growth of 35.88% suggesting increased popularity and improved sales performance in October 2023.
  • Top Losers:
    • Ciaz stands out as a top loser with a MoM drop of 53.39%, indicating in dropping demand for the sedan from Maruti which hasn’t received any major updates or facelifts in past couple years, while the rival brands have been introducing and updating their portfolio in the segment, making the car stale in the market.
    • Jimny experienced a notable MoM decline of 30.14%, suggesting a lackluster demand for the off-roader from Maruti which came to rival the likes of Thar in capability and pricing.
  • Hatchback models, including Swift, WagonR, and Alto K10, emerged as top gainers, showcasing the continued popularity and strong demand for hatchbacks in October 2023.

Also read: May 2023 - Maruti Nexa Baleno Petrol, CNG Variants Explained - Which One To Buy? 

MARUTI SUZUKI ARENA & NEXA CAR SALES - OCTOBER 2023

MOM CHANGE

Rank

Model

Segment

Body-Type

Oct 2023

Sep 2023

Change

%Change

Trend

1

WagonR

B1

Hatch

22,080

16,250

5,830

35.88

2

Swift

B1

Hatch

20,598

14,703

5,895

40.09

3

Baleno

B2

Hatch

16,594

18,417

-1,823

-9.90

4

Brezza

B2

SUV

16,050

15,001

1,049

6.99

5

Dzire

B2

Sedan

14,699

13,880

819

5.90

6

Ertiga

C1

MPV

14,209

13,528

681

5.03

7

Eeco

A

MPV

12,975

11,147

1,828

16.40

8

Fronx

B2

SUV

11,357

11,455

-98

-0.86

9

Alto K10

A

Hatch

11,200

7,791

3,409

43.76

10

Grand Vitara

C1

SUV

10,834

11,736

-902

-7.69

11

XL6

C2

MPV

4,367

4,511

-144

-3.19

12

Celerio

A

Hatch

4,317

3,246

1,071

32.99

13

S-Presso

A

Hatch

3,368

2,560

808

31.56

14

Ignis

B1

Hatch

2,374

2,056

318

15.47

15

Jimny

B2

SUV

1,852

2,651

-799

-30.14

16

Ciaz

C2

Sedan

695

1,491

-796

-53.39

17

Invicto

D1

MPV

478

389

89

22.88

Maruti Suzuki Arena & Nexa — 6-Month Sales Trend (May 2023 - Oct 2023)

MARUTI SUZUKI ARENA & NEXA CAR

LAST 6 MONTHS (MAY 2023 - OCT 2023) SALES TREND

Model

Segment

Body-Type

May 2023

Jun 2023

Jul 2023

Aug 2023

Sep 2023

Oct 2023

6 Month Avg

Swift

B1

Hatch

17,346

15,955

17,896

18,653

14,703

20,598

17,525

Baleno

B2

Hatch

18,733

14,077

16,725

18,516

18,417

16,594

17,177

WagonR

B1

Hatch

16,258

17,481

12,970

15,578

16,250

22,080

16,770

Brezza

B2

SUV

13,398

10,578

16,543

14,572

15,001

16,050

14,357

Dzire

B2

Sedan

11,315

9,322

13,395

13,293

13,880

14,699

12,651

Ertiga

C1

MPV

10,528

8,422

14,352

12,315

13,528

14,209

12,226

Eeco

A

MPV

12,818

9,354

12,037

11,859

11,147

12,975

11,698

Fronx

B2

SUV

9,863

7,991

13,220

12,164

11,455

11,357

11,008

Grand Vitara

C1

SUV

8,877

10,486

9,079

11,818

11,736

10,834

10,472

Alto K10

A

Hatch

9,368

11,323

7,099

9,603

7,791

11,200

9,397

XL6

C2

MPV

3,577

2,856

4,320

4,184

4,511

4,367

3,969

Celerio

A

Hatch

3,216

3,399

2,893

4,038

3,246

4,317

3,518

Ignis

B1

Hatch

4,551

4,237

3,223

2,373

2,056

2,374

3,136

S-Presso

A

Hatch

2,868

2,731

2,491

2,606

2,560

3,368

2,771

Jimny

B2

SUV

-

-

-

3,104

2,651

1,852

1,268

Ciaz

C2

Sedan

992

1,744

1,348

849

1,491

695

1,187

Invicto

D1

MPV

-

-

-

589

389

478

243

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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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