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Maruti Sales
Maruti Suzuki India on Saturday reported a marginal year-on-year increase in total sales at 1,99,400 units in February. The company sold a total of 1,97,471 units in the same month last year, Maruti Suzuki India (MSI) said in a statement. Total domestic passenger vehicle sales were at 1,60,791 units last month as compared with 1,60,271 units in the year-ago month, a marginal year-on-year growth, it added. Sales of mini segment cars, comprising Alto and S-Presso, declined to 10,226 units as against 14,782 units in same month last year. Sales of compact cars, including Baleno, Celerio, Dzire, Ignis, Swift, and WagonR, rose to 72,942 units as compared to 71,627 units in the year-ago month. Utility vehicles, consisting of Grand Vitara Brezza, Ertiga, XL6, Jimny clocked sales of 65,033 units last month as compared to 61,234 units earlier. Sales of van Eeco were at 11,493 units last month as against 12,147 units in February 2024, while that of light commercial vehicle Super Carry stood
Passenger vehicle exports from India rose by 2.68 lakh units in the last four financial years with Maruti Suzuki India accounting for nearly 70 per cent of the incremental shipments during the period. As per the industry data, passenger vehicle exports in the 2020-21 fiscal stood at 4,04,397 units. It rose to 5,77,875 units in the 2021-22 fiscal year and to 6,62,703 units in 2022-23 financial year. Last fiscal, exports stood at 6,72,105 units, an increase of 2,67,708 units since 2020-21. In the last three fiscal years, Maruti Suzuki has accounted for 70 per cent of the incremental 2,67,708 units across the industry which were shipped to overseas markets. The auto major's export shipment increased by 1,85,774 units between FY21 and FY24. When contacted, Maruti Suzuki India Executive Officer Corporate Affairs Rahul Bharti said that factors like addition of more models, adherence to global production standards and tie-up with Toyota have helped in ramping up the exports' volume. He
Maruti Suzuki India expects its CNG car sales to rise over 30 per cent to around 6 lakh units this fiscal, according to a senior company official. The country's largest carmaker also aims to export around 3 lakh units in the ongoing financial year. "So CNG, this year, we did about 4,50,000 (units) in passenger vehicles. We are hoping to do something like 6,00,000 vehicles in FY24-25," Maruti Suzuki India Executive Director Corporate Affairs Rahul Bharti said in an analyst call. The company sells CNG trims across various models like WagonR, Brezza, Dzire, and Ertiga, among others in the domestic market. Bharti said the company's capacity expansion by around 1 lakh units per annum at its Manesar plant, Haryana largely addresses the Ertiga supply issues. Ertiga CNG demand is huge in the market leading to supply issues, he noted. On overseas shipments, Bharti said the company aims to export about 3 lakh units. "We did about 2,83,000 units in FY24. Despite the fact that we've increas
Maruti Suzuki India (MSI) on Wednesday said its Gujarat-based unit has crossed 30 lakh cumulative production milestone. Suzuki Motor Gujarat (SMG) has surpassed the milestone within a span of around 6 years and 11 months since commencing operations in February 2017, MSI said in a statement. SMG has an annual production capacity of 7.5 lakh units and the vehicles manufactured at the plant are sold in both domestic as well as export markets. "With the acquisition of Suzuki Motor Gujarat, we are further enhancing our production flexibility. The production of our battery electric vehicles will also be undertaken at the Gujarat plant and is expected to start in FY 2024-25," MSI MD and CEO Hisashi Takeuchi stated. Currently, the facility rolls out some of the popular models like Swift, Baleno, Dzire and Fronx. Around 50 per cent of the vehicles manufactured at SMG in 2022-23, were exported to global markets, Takeuchi noted. MSI board recently approved the acquisition of SMG from Suzuki
The country's largest carmaker Maruti Suzuki India (MSI) on Thursday reported 10 per cent increase in total wholesales at 1,78,083 units in May. The company had sold 1,61,413 units in May 2022, MSI said in a statement. Last month, the company's domestic sales rose 13 per cent to 1,51,606 units as against 1,34,222 units in May 2022, it added. Total domestic passenger vehicle sales were higher 15 per cent to 1,43,708 units as compared with 1,24,474 units in the same month last year. Sales of mini cars, comprising Alto and S-Presso, fell 30 per cent to 12,236 units as compared with 17,408 units in the year-ago period. Compact cars sales, including models such as Swift, Celerio, Ignis, Baleno and Dzire, increased 5 per cent to 71,419 units as against 67,947 units in May 2022. Sales of mid-sized sedan Ciaz last month increased to 992 units from 586 units in the year-ago period. Utility vehicle sales, including Brezza, Grand Vitara and Ertiga, rose 65 per cent to 46,243 units as again
Maruti Suzuki India on Monday launched its new compact SUV Fronx in the country priced between Rs 7.46 lakh and Rs 13.13 lakh (ex-showroom Delhi). The model comes with 1.2-litre petrol and 1-litre turbo boosterjet engine options. The 1.2 litre trims, which come mated with manual and automated gear shift (AGS) transmissions, are priced between Rs 7.46 lakh and Rs 9.27 lakh. The manual and automatic variants powered by 1 litre turbo boosterjet engine are tagged between Rs 9.72 lakh and Rs 13.13 lakh (all prices ex-showroom Delhi). MSI had globally unveiled the Fronx at the Auto Expo earlier this year. In a statement, Maruti Suzuki India Managing Director & CEO Hisashi Takeuchi said the automaker takes pride in being at the forefront of understanding the diverse needs of customers and industry trends. "Our success with the Brezza, which created a new compact SUV landscape in the country, is a testament to this commitment. With the rapid shift in customer preferences towards SUVs, we
Maruti Suzuki India on Wednesday said its total wholesales increased 5 per cent to 1,72,321 units in February. The country's largest carmaker had dispatched 1,64,056 units to its dealers in February 2022. Domestic wholesales rose 11 per cent to 1,55,114 units as compared with 1,40,035 units in February last year, the automaker said in a regulatory filing. Total exports last month however dropped 28 per cent to 17,207 units from 24,021 units in February 2022.
40 years since the first Maruti-800 rolled out from its factory, the company has come a long way. But did the champion of small cars miss the boat when it comes to the premium segment?
Maruti Suzuki India is eyeing a leadership position in the SUV segment as it continues to add new products across various sub segments, a top company official said on Wednesday. The country's largest carmaker has bolstered its presence in the high volume entry and mid level SUV segments with new Brezza and all new model -- Grand Vitara. "In every segment except SUV, we are the market leader by a distance. It is only in the SUV that we are behind, so we need to catch up. Clearly, we have to become number one in the SUV space also," Maruti Suzuki India MD and CEO Hisashi Takeuchi said in an interaction on the sidelines of the global unveiling of Grand Vitara. He was replying to a query whether the auto major, which has leadership position in the hatchbacks, sedans and MPVs, also eyes pole position in the robustly growing SUV segment. Takeuchi noted that the SUV market is tough as there were already 56 products competing with each other. "It (segment) is getting bigger and bigger and
Top passenger vehicle makers, Maruti Suzuki, Hyundai, Mahindra & Mahindra, Toyota Kirloskar Motor and Honda, on Tuesday reported decline in vehicle dispatches from factories to dealers in January amid shortage of semiconductors continuing to hamper production. However, Tata Motors and Skoda Auto India posted huge jump in their domestic wholesales during the month. Maruti Suzuki India's domestic sales slipped by 8 per cent to 1,36,442 units last month as against 1,48,307 units in January 2021. "The shortage of electronic components had a minor impact on the production of vehicles which are primarily sold in domestic market. The company took all possible measures to minimise the impact," MSI said in a statement. Similarly, Hyundai Motor India Ltd reported a 15.35 per cent drop in its domestic sales to 44,022 units last month against 52,005 units in January 2021. In contrast, Tata Motors' total passenger vehicles sale was higher at 40,777 units last month as compared to 26,978 units