Maruti Suzuki Domestic Sales Grew 19.8% In October

Maruti Suzuki on Sunday reported rise of 19.8 per cent in total domestic sales to 172,862 units in October, as against 144,277 units in the corresponding period last year, Maruti Suzuki said in a regulatory filing to the stock exchanges. The improved sales numbers come at a time when the government is gradually easing the restrictions imposed to control the spread of coronavirus. The company had take a huge hit in wake pf the lockdown imposed in late March, reporting a quarterly loss in July – the first time since its listing in 2003.
Maruti Suzuki posted total sales of 182,448 units in October 2020. This is a growth of 18.9 per cent over the same period of the previous year.

Sales of mini cars comprising Alto and S-Presso stood at 28,462 units as compared to 28,537 units in the same month last year, down marginally by 0.3%.

Sales of compact car segment, including models such as Swift, Celerio, Ignis, Baleno and Dzire, increased by 26.6% to 95,067 units as against 75,094 cars in October last year.

Mid-sized sedan Ciaz sales, however, declined by 40% to 1,422 units as compared to 2,371 units in October last year.

Sales of utility vehicles, including Vitara Brezza, S-Cross and Ertiga, increased 9.9% to 25,396 units as compared to 23,108 in the year-ago month, MSI said.

Exports in October increased by 4.7% to 9,586 units compared to 9,158 units in the corresponding month last year, the company said.

The company closed the April-October period with total sales of 652,177 units, a decline of 27.1% over the same period of the 2019-20 fiscal, it added.

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