In April 2023, the new BS6 phase 2 emission standards went into force. As a result, some car companies raised the prices of some of their cars. But when it came to sales, only Maruti, Tata, and Kia were able to show a good month-on-month increase in April.
Here’s how the top 10 brands performed in April 2023:
Brands | April 2023 | March 2023 | MoM Growth (%) | April 2022 | YoY Growth (%) |
Maruti Suzuki | 1,37,320 | 1,32,763 | 3.4% | 1,21,995 | 12.6% |
Hyundai | 49,701 | 50,600 | -1.8% | 44,001 | 13% |
Tata | 47,010 | 44,047 | 6.7% | 41,590 | 13% |
Mahindra | 34,694 | 35,796 | -3.6% | 22,122 | 56.8% |
Kia | 23,216 | 21,501 | 8% | 19,019 | 22.1% |
Toyota | 14,162 | 18,670 | -24.1% | 15,085 | -6.1% |
Honda | 5,313 | 6,692 | -20.6% | 7,874 | -32.5% |
MG | 4,551 | 6,051 | -24.8% | 2,008 | 126.6% |
Renault | 4,323 | 5,389 | -19.8% | 7,594 | -43.1% |
Skoda | 4,009 | 4,432 | -9.5% | 5,152 | -22.1 |
Maruti was the top car company in terms of sales because it sold more cars than Hyundai, Tata, and Mahindra put together. The automaker saw a growth of more than 3% from one month to the next and more than 12.5 % from one year to the next.
Hyundai, which came in second, saw its sales drop by almost 2% MoM. But in the same month of the past year, its sales went up by 13%.
Tata was right behind Hyundai again, and its sales grew by more than 6.5% month-over-month and 13% year-over-year.
Even though Mahindra was in fourth place and its sales were down by more than 3.5 percent from the month before, they were up more than 50 percent from the year before.
Kia did well in sales compared to the month before, with a MoM rise of 8%. It was the only other car company besides Maruti, Tata, and Kia whose MoM and YoY numbers went up.
In April 2023, Toyota’s sales dropped by more than 4,500 units compared to March and by more than 900 units compared to the same month the year before.
Both of Honda’s sales numbers have gone down as well. Its sales dropped by more than 20,5% from month to month and by 32.55% from year to year.
Even though MG’s sales dropped by almost 25% from one month to the next, they went up by over 126% from one year to the next.
The ninth place went to Renault, whose sales dropped by more than 1,000 cars month over month. Its YoY number dropped the most here, by more than 43 percent, because it sold about 3,000 fewer units than it did in the same time last year.
Skoda was tenth on the list because its sales dropped by 9.5 percent from one month to the next and by over 22 percent from one year to the next.
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