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Maruti Suzuki Sells 15 Lakh Units In January, Records 1.6% Rise In Sales

Pritish raj by Pritish raj
February 1, 2020
in News, Automobile
Reading Time: 2 mins read
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Maruti Suzuki India Sales- Next Big Brand

Maruti Suzuki- Next Big Brand

  • Maruti Suzuki India (MSI), the country’s largest carmaker, recorded a 1.6 percent increase in sales in January at 1.54.123 units.
  • Mini-car sales comprising Alto and WagonR stood at 25,885 units, up 10.8 percent from 23,360 units in the same month last year.

Maruti Suzuki India (MSI), the country’s largest carmaker, recorded a 1.6 percent increase in sales in January at 1.54.123 units.

In January of last year the company had sold 1,51,721 units, Maruti Suzuki India (MSI) said in a statement.

In January 2018, it said, domestic sales rose by 1.7 percent at 1.44.499 units last month compared to 1.42.150 units.

Mini-car sales comprising Alto and WagonR stood at 25,885 units, up 10.8 percent from 23,360 units in the same month last year.

Compact segment sales, including models such as Swift, Celerio, Ignis, Baleno, and Dzire, increased 11.6 percent in January last year to 84,340 units compared to 75,571 vehicles.

Ciaz’s mid-size sedan sold 835 units versus 2,934 units earlier.

Sales of utility vehicles, including Vitara Brezza, S-Cross, and Ertiga, declined 26.6 percent at 16,460 units compared to 22,430 in August, MSI said.

In January, exports increased slightly to 9,624 units compared to 9,571 units in last year’s corresponding month, the company said.

The core small car segment of the company posted a growth of 11.4 percent year-on-year (YoY) in January to 110,225 units. Utility vehicle (UV) sales were down 27 percent to 16,460 units, and vans were down 19 percent to 12,324 units.

It has sold 25,885 units in the segment of mini small cars, including Alto and the recently launched S-Presso models. Maruti sold 84,340 units last month in the compact hatchback segment, which includes popular models such as Swift, New WagonR, Baleno, Dzire, Celerio among others, compared with 75,571 units in the year-ago era.

Analysts say that UV sales declined in January as the carmaker shifted gears to concentrate on rolling out models compliant with BS-VI emission standards. The bestselling UV— the Vitara Brezza— will soon be available with a petrol engine conforming to BS-VI.

The firm has dispatched 2,406 units in the Light Commercial Vehicle (LCV) market, where it markets the Super Carry, down 11 percent from YoY.

The company supplied 2,249 units of its luxury Baleno hatchback to Toyota Kirloskar Motor Pvt Ltd, its alliance partner. Toyota is offering rebadged Baleno cars in its portfolio as a Glanza brand.

Last month, Maruti exported 9,624 units, down 0.6 percent from YoY. Total sales, including exports, were up 1.6 percent year-on-year at 154,123 units in January.

Maruti Suzuki’s shares traded 1.7 percent higher at 12:01 p.m. on the BSE at 7,020.25, though Sensex’s benchmark was up 0.13 percent at 40,775.77 points.

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Pritish raj

Pritish raj

Pritish Raj is a content writer at Next Big Brand. Hailing from the diversified state of Bihar, he is an engineer by education who chooses the way of poetry, photography, and writing to kick off his career. Highly enthusiastic about brands and startups, he aims to be a travel content creator.

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