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Informist, Tuesday, Oct. 1, 2024

 

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--Maruti Suzuki Sept total sales 184,727 units vs 181,343 units year ago 
--Maruti Suzuki Sept total domestic sales 156,999 units vs 158,832 year ago 
--Maruti Suzuki Sept total exports 27,728 units vs 22,511 units year ago 
--Maruti Suzuki Sept mini car sales 10,363 units vs 10,351 units year ago 
--Maruti Suzuki Sept compact car sales 60,480 units vs 68,551 units year ago 
--Maruti Suzuki Sept Ciaz sedan sales 662 units vs 1,491 units year ago 
--Maruti Suzuki Sept utility vehicle sales 61,549 units vs 59,272 year ago 

 

MUMBAI – Maruti Suzuki India Ltd.'s total sales in September rose nearly 2% from a year ago as higher despatches of utility vehicles and vans, sales to other companies and exports helped offset the weakness in the compact and mid-size car segments. India's largest passenger carmaker despatched 184,727 vehicles in September, up from 181,343 units a year ago and 181,782 in August, Maruti Suzuki said in an exchange filing.

 

The company's utility vehicle sales, including Brezza, Ertiga, Grand Vitara, Fronx, and Jimny, rose nearly 4% on year to 61,549 units. However, domestic passenger car sales declined about 11% on year to 71,505 units. 

 

Within the passenger car segment, Maruti Suzuki sold 10,363 mini cars during September, compared to 10,351 units sold a year ago. Sales of compact cars declined by 12% on year to 60,480 units, while mid-size vehicle sales plummeted 55% on year to 662 units. Maruti Suzuki's compact and mid-size segment includes models such as WagonR, Baleno, Swift, Alto, S-Presso and Ciaz.

 

The company's total domestic sales, including passenger and light commercial vehicles and sales to other original equipment makers, fell 1.2% on year to 156,999 units. Domestic passenger vehicle sales were down 4% on year to 144,962 units, while sales to other original equipment makers jumped 56% on year to 8,938 units.

 

For the last three months, Maruti Suzuki has been recalibrating despatches to dealers. "The recalibration of wholesale sales was done, keeping in mind the retail demand. In September, the company saw healthy uptick in bookings and is bullish about retail sales during Navratri and Diwali," the automaker's head of marketing and sales Partho Banerjee said. 

 

In September, the company's light commercial vehicle sales surged 35% on year to 3,099 units. The company's total exports during the month grew 23% on year to 27,728 units, aiding the overall sales growth. On Tuesday, shares of Maruti Suzuki closed 0.5% lower at INR 13,166 on the National Stock Exchange. End

 

Reported by Darshan Nakhwa

Edited by Saji George Titus

 

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