Festive Season Brings Cheer to Maruti Suzuki; Sales Grew By 4.5%
Thanks to the festive season, Maruti Suzuki records positive sales growth for the first time in last 7 months. Maruti Suzuki sold a total of 153,435 units in October 2019 as compared to 146,766 units sold in the same month last year. The company sold 141,550 units in domestic market and 9,158 units were exported to different markets. Domestic OEM sales contribute to 2,727 units.
Total domestic sales improved by 2.5 per cent. As compared to the 141,550 units, Maruti had recorded 138,100 units in October 2018. The company’s export improved by 5.7% to 9,158 units from 8,666 units last year. Maruti Suzuki’s month on month sales have been increased by 25%.
However, Maruti Suzuki’s entry-level Mini segment (Alto, S-Presso and Old WagonR) reported a negative growth of 13.1%. The company sold 28,537 units of Alto, S-Presso and the old WagonR combined. Sales of compact cars including New Wagon R, Celerio, Ignis, Swift, Baleno and Dzire posted a positive growth of 15.9%. The company sold 75,094 units in the compact car segment in October 2019 as against 64,789 units in same month last year.
Maruti Ciaz sales were down by 39.1% to 2,371 units in October 2019. The company sold 23,108 UVs (Gypsy, Ertiga, XL6, Vitara Brezza and S-Cross), recording a sales growth of 11.3%. The company also retailed 10,011 units of Omni and Eeco, which is down by 26.8% compared to the same month last year.
In the period of April to October 2019, Maruti Suzuki sold 8,31,277 cars, which is a negative growth of 22.7%. The company had retailed 1,057,340 units in the same time period last year.
