Maruti Suzuki India recently announced its sales figures for September 2023. For the said month, the carmaker sold 1,81,343 units, a 2.7 per cent decrease in sales from the same time last year. Meanwhile, the domestic sales for September stood at 1,53,106 units, with exports totalling 22,511 units. A further 5,726 units were sold to other original equipment manufacturers (OEMs) in September 2023, according to Maruti Suzuki's sales report. The list of best-selling models for the company comprised names such as the Brezza, the Ertiga, the Grand Vitara, the Invicto, and the Jimny. Moreover, a total of 6 Maruti Suzuki models made it to the list of top-selling 7 cars in September. On the sales chart, the market share of entry-level vehicles has drastically decreased, though. The firm sold 873,107 passenger cars between April and September of FY24, an increase of approximately 10 per cent over the 794,550 cars sold during the same time in 2022.
The company also stated that cumulative sales from April to September 2023 were 1,050,085 units. This was the first time that it had sold more than 1 million units in H1. In terms of an increase in monthly sales, Maruti Suzuki has achieved a respectable growth rate thanks to a flurry of new launches, particularly in the SUV sector coupled with CNG options for most models. The CNG versions of the automaker's most recent launches have been doing well.
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Sharing his thoughts on the recent sales performance, Shashank Srivastava, Senior Executive Officer (Marketing & Sales), Maruti Suzuki India, said, "The company surpassed the half-yearly sales mark of 1 million units for the first time. Even for domestic H1 sales, it is the first time Maruti surpassed the key 1 million mark. Diesel sales slipped to 17.5 per cent for industry and CNG sales went up by 25% for Maruti.”
Maruti Suzuki September Sales: Mini and Compact Segments
At 78,903 units, sales in September 2023 in the Mini and Compact sub-segments, which include the Alto, the S-Presso, the Baleno, the Celerio, the Dzire, the Ignis, the Swift, the Tour S, and the WagonR models, respectively, were down from the previous year's 1,01,750 units. The cumulative fiscal year numbers, however, show that FY 2023–24 is off to a sluggish start with just 491,480 units sold, while FY 2022–23 had a greater number of 554,484 units sold. The decline in sales in these segments suggests that consumer preferences are shifting in favour of segments like SUVs.
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Maruti Suzuki September Sales: Mid-Size, UV, and Other Segments
Heading to the mid-size segment, a total of 1,491 Ciaz units were sold, edging out the 1,359 units sold in the same month the previous year. The cumulative data, which shows that FY 2023–24 began with 7,441 units as opposed to 6,926 units in FY 2022–23, further highlights this pattern.
In terms of sales, the Utility Vehicles category—which includes the Brezza, Ertiga, Fronx, Grand Vitara, Invicto, Jimny, S-Cross, and the XL6—saw a significant boost in September 2023, with 59,271 units sold, outpacing the 32,574 units sold in September 2022. The cumulative data emphasises this growth even more, with 306,467 units in FY 2023–24 compared to 163,630 units in FY 2022–23.
Last but not least, in the Vans category, which was entirely headed by Eeco, the manufacturer claimed that 11,147 units were sold, which was a modest decrease from the 12,697 units in September 2022. However, when looking at the total number of units for the fiscal year, FY 2023–24 began with 67,719 units, which was a little lower than the 69,510 units recorded for the previous year. The overall total of domestic passenger vehicle sales for last month was a remarkable 150,812 units. Additionally, the Super Carry model added 2,294 units to the overall sales total for the Light Commercial Vehicles (LCV) category.
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