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Maruti Suzuki sales at lowest in 6 years amid Covid-induced slowdown

The carmaker's production declined for the third consecutive year in financial year 2020-21 to an 11-year low

maruti suzuki, cars, automobile
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Maruti Suzuki sold around 1.46 million units in FY21, down 6.7 per cent year-on-year (YoY) and the lowest since FY17

Krishna Kant Mumbai
Maruti Suzuki is facing its biggest challenge in nearly two decades thanks to the economic slowdown and the impact of Covid-19. Its production declined for the third consecutive year in financial year 2020-21 (FY21) to an 11-year low, while sales volume contracted for the second year to the lowest since FY15.
 
The company manufactured around 1.08 million vehicles last fiscal, a decline from 1.17 million the previous year, and a steeper fall from its all-time high tally of 1.62 million reported in FY18.
 
The company’s net sales were down for a second year in FY21, while net profit

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