Maruti Suzuki India, India’s biggest passenger car manufacturer, announced total vehicle sales of 178,083 units in May 2023, a 10.32% increase over the 161,413 units sold in the same month the previous year.
Maruti Suzuki India is a main vehicle producer in India and a subsidiary of Suzuki Motor Corporation, Japan. The employer become based in 1981 and has considered the fact that then been a pioneer in the Indian automobile industry. Maruti India has a huge variety of products ranging from small vehicles to SUVs and has been a famous desire amongst Indian customers for many years.
Maruti India has a sturdy market presence in India and has been able to hold its function as the most important car producer within the u. S… It has a good-sized community of dealerships and provider facilities spread across us, making it clean for customers to get admission.
The agency has been at the forefront of innovation in the Indian vehicle industry and has introduced several new technologies and functions in its products. Maruti India has also been actively promoting sustainable practices and has brought green cars like CNG and hybrid vehicles.
Overall, Maruti India is a relied-on emblem in the Indian automobile industry, recognized for its quality products, first-rate provider, and dedication to sustainability.
Domestic sales were 146,596 units in the month, with sales to other OEMs totaling 5,010 units and exports totaling 26,477 units.
Exports declined 2.6% year on year to 26,477 units from 27,191 units.
“The shortage of electronic components had a minor impact on the production of vehicles. The company took all possible measures to minimize the impact,” Maruti Suzuki India said in a regulatory filing.
Domestic sales of passenger vehicles climbed 15.3% year on year to 143,708 units from 124,474 units.
Sales of Alto and S-Presso models in its Mini and Compact sub-segments increased by 29% to 12,236 units in the same month last year, from 17,408 units.
Sales of its mid-sized automobile Ciaz increased 69% yearly to 992 units from 586 units. Its Utility Vehicles, Brezza, Ertiga, Fronx, Grand Vitara, S-Cross, and XL6 sold 46,243 units, up 64% yearly from 28,051 units.
Maruti Suzuki’s Super Carry Light Commercial Vehicle sales fell 18% year on year to 2,888 units from 3,526 units. Maruti Suzuki India shares were trading 0.02% down on the BSE at 9,355.95 per share at 12:55 p.m.
