Maruti's April sales slump 18.9% over March

Automobile manufacturers continue to feel the heat of slowdown in sales. Maruti Suzuki’s Unit sales in the month of April 2013 declined to 97,302 units compared to 119,937 units sold in the month of March 2013. The company sales even came lower than what it had sold in the month of April 2012 (100,415 units).   

The decline in sales month-on-month was in the back of passenger car sales declining 16.8% as export declined 44%. While on year on year basis the passenger car sales were up 4.9% the decline in sales of utility vehicles and van coupled with 33.3% decline in exports led to overall sales declining 3.1% y-o-y

All passenger car segments right from Mini to compact, super compact, mid-size and Executive have seen a decline over previous month. Thus the passenger car sales at 76,509 came 16.8% lower compared to 91,896 units sold in the month of March.

The global slowdown has taken toll on exports. While the company had exported 12,047 units in the month of March, the exports declined to 6,779 units in April. On year-on year basis too, the exports declined 33.3%.

The sales of Vans too is seeing a major decline. While it sold 9,506 units in March, the sales decline to 8,696 units of vans in April. On year-on-year basis the sales have slumped 25.8%. The utility vehicles sales too have been taking a beating. At 5,318 units in April the sales were much lower than 6,488 units in March.