Maruti Suzuki India Limited (MSIL), India’s largest car seller, has reported 30.8% (y-o-y) growth in its Sep sales at 160,442 against 122,640 units in Sep’19.
Total domestic sales in Sep’20 rose to 150,040 units and 2,568 units for other OEMs, marking a growth of 33.4% compared to corresponding month last year.
In addition, the company exported 7,834 units in Sep’20, resulting a drop of 15.3% over Aug’19.
However, in the April-September period, the company’s cumulative sales has dropped by 36% to 469,729 units, against 740,911 units in the corresponding period in FY20. The domestic sales in the 6 month-period has dropped by 36.3% to 437,646 units against 687,000 units in the corresponding 6 months in FY20. Exports have also dropped by 40.5% to 32,083 units.
The company sold 2, 92,894 units in Sep’20 as compared to 2, 22,809 units in Sep’19, reporting a healthy 31% (y-o-y) growth. Also the industry has reported 25% (m-o-m) growth in Sep’20 sales in comparison to 234,142 units sold in Aug’20.
Maruti remains committed to the health, safety and well-being of all members across the value chain. Production across plants is being progressively increased consistent with maximum efforts to ensure safety and subject to the availability of employees.
The Indian automobile sector has witnessed strong sentiments from rural and semi-urban markets and rise in preference for personal mobility on the back of gradual normalization in the supply chain. Maruti is ramping up its supply chain to build inventory at dealerships as it expects demand to sustain and get stronger as the festive season approaches, an auspicious time when most of the buyers in the country prefer to buy a new vehicle.
This data mentioned below reveals that not only is the industry recovering from covid-19 setback that the sales recorded in early months of post-lockdown period were just a pent-up demand created due to vacuum of two-months lockdown in April and May, but also indicates that industry is performing well as compared to last year, one of the worst periods in the Indian auto industry when the sales went down as low 50%.
Maruti Suzuki sales performance in Sep’20:
| Segments | Sep’20 | Sep’19 | %Change | Apr – Sep‘20-‘21 | Apr -Sep‘19-‘20 | %Change |
| Mini + Compact | 111,459 | 77,264 | 44.3% | 307,322 | 473,821 | -35.1% |
| Passenger Cars | 112,993 | 78,979 | 43.1% | 312,127 | 488,232 | -36.1% |
| Total Domestic Passenger Vehicle Sales | 147,912 | 110,454 | 33.9% | 275,777 | 553,068 | -36.1% |
| Total Domestic Sales[PV+LCV] | 150,040 | 112,500 | 33.4% | 423,689 | 663,522 | -36.1% |
| Total [Domestic +OEM] Sales | 152,608 | 115,452 | 32.2% | 437,646 | 687,000 | -36.3% |
| Total Export Sales | 7,834 | 7,188 | 9.0% | 32,083 | 53,911 | -40.5% |
| Total Sales [Domestic + Export] | 160,442 | 122,640 | 30.8% | 469,729 | 740,911 | -36.6% |
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