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Maruti Suzuki reports highest ever monthly sales in September at 1.81 lakh units
Livemint
·
1y ago
Medial
Maruti Suzuki India, the largest car manufacturer in India, achieved its highest ever monthly sales in September 2023, with total wholesales reaching 181,343 units, a 2.8% YoY increase. This includes domestic sales of 153,106 units, sales to other OEM of 5,726 units, and exports of 22,511 units. Maruti Suzuki also surpassed the milestone of selling 1 million units in the first half of the current fiscal year. The company's domestic passenger vehicle sales rose by 2%, while sales of entry-level and compact cars declined. Utility vehicle dispatches, on the other hand, saw a significant 82% growth.
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Related News
Marriage bonanza: Maruti Suzuki expects festive momentum, wedding season to carry sales in November | Company Business News
Livemint
·
9m ago
Medial
Maruti Suzuki India's Senior Executive Officer for Marketing and Sales, Partho Banerjee, believes that the automaker can maintain its record sales in November after achieving its highest ever retail sales in October. Banerjee is relying on the wedding season to continue the momentum of festive sales. Maruti Suzuki sold a record 202,402 units in October, and Banerjee expects the upcoming month to be strong due to a high number of planned marriages. He also mentioned that the company is on track with its forecasted growth for the fiscal year. However, he did not disclose any plans for price hikes or discuss specific discounts.
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Stock Radar: Eicher Motors, Hero MotoCorp, Mankind Pharma, Ashoka Buildcon, KRN Heat, ITC in focus on Thursday
Money Control
·
10m ago
Medial
- Mankind Pharma receives regulatory approvals for the acquisition of Bharat Serums and Vaccines. - Zydus Lifesciences gets tentative approval from the USFDA for manufacturing Enzalutamide tablets. - Ashoka Buildcon receives the letter of award for multiple infrastructure projects worth crores. - Royal Enfield sales increase by 11% YoY, surpassing analysts' estimates. - Hero MotoCorp reports sales of 6.37 lakh units, beating analysts' expectations. - Maruti Suzuki India records a 1.9% increase in total sales, driven by higher exports.
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Maruti Suzuki reports 3.9% decline in August sales, Tata Motors witnesses 8% dip | Mint
Livemint
·
11m ago
Medial
Indian automobile manufacturers Maruti Suzuki and Tata Motors both reported declining sales for August 2024. Maruti Suzuki saw a 3.9% decline in sales, with a total of 181,782 units sold. Tata Motors reported an 8% reduction in sales, with a total of 70,006 units sold. Maruti Suzuki's decline was largely driven by a decrease in sales in the small car segment, while Tata Motors saw a decline in both commercial vehicle and passenger vehicle sales.
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Hyundai sales dip 3.2% in July at 64,563 units
Money Control
·
11m ago
Medial
Hyundai Motor India reported a 3.2% decline in wholesale sales for July, with 64,563 units sold compared to 66,701 units sold in July 2023. Domestic dispatch of vehicles to dealers fell 3.3% to 49,013 units, while exports declined 2.81% to 15,550 units. However, the company noted an overall sales growth of 4.31% year-on-year from January to July 2024, with SUVs accounting for 66.6% of total domestic sales. The new Hyundai CRETA achieved 1 lakh unit sales and achieved its highest ever monthly domestic sales of 17,350 units in July 2024.
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From 9.3 lakh to 25k units: Maruti Suzuki flags steep decline in budget car sales, seeks urgent buyer-friendly policies
Business Today
·
2m ago
Medial
Sales of entry-level cars priced below ₹5 lakh have sharply declined, dropping from 9,34,538 units in FY16 to 25,402 units in FY25. Maruti Suzuki, a leading player in this segment, saw sales of its Alto and S-Presso models decrease to 6,776 units in May 2025, down from 9,902 units the previous year. The decline prompts a call for buyer-friendly policies to revive the budget car market.
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Swift: India’s favourite hatchback that ruled Indian roads for two decades now enters adulthood
Economic Times
·
1m ago
Medial
The Maruti Suzuki Swift has marked 20 years on Indian roads, becoming a staple in the hatchback segment with over 30 lakh units sold since its 2005 launch. The Swift is lauded for its fun-to-drive nature and remarkable 31% market share in its segment. Upgraded over four generations, the latest model features a more efficient engine, enhanced safety, and connectivity options, continuing to be a significant sales contributor for Maruti Suzuki India.
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Hyundai Motor India records highest-ever sales of 7.77 lakh units in FY24
Thehindubusinessline
·
1y ago
Medial
Hyundai Motor India (HMIL) announced that it achieved its highest-ever domestic sales in the financial year 2023-24, with 6.14 lakh units sold, an 8.3% increase from the previous year. The company also recorded its highest-ever annual total sales of 7,77,876 units, an 8% growth compared to FY 2022-23. Toyota Kirloskar Motor and Mahindra & Mahindra also reported significant sales growth, while MG Motor India experienced a decline in retail sales.
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Maruti Suzuki India total sales rise 10% in March
Thehindubusinessline
·
1y ago
Medial
Maruti Suzuki India reported a 10% increase in total sales for March 2024, reaching 187,196 units compared to the same period last year. The company achieved an annual sales milestone of 2 million units in 2023-24, with record domestic sales of 1,793,644 units and exports of 283,067 units. Total domestic dispatches for March 2024 stood at 161,304 units, a 15.26% growth from the previous year. Passenger vehicle sales in the domestic market saw a 15% increase, while exports for the month declined. Overall, Maruti Suzuki's total sales for the fiscal year 2023-24 increased by 8.6%.
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Local car sales dip again in June as buyer sentiment stays weak
Economic Times
·
1m ago
Medial
Local car sales in India fell by 6% in June, with 320,000 units sold, as weak buyer sentiment continued. Major carmakers like Maruti Suzuki, Hyundai, and Tata Motors saw significant declines in sales, with Maruti Suzuki down 13%. The small car segment particularly struggled due to affordability issues, despite GDP growth. However, the electric vehicle sector showed promise with robust growth. In contrast, Mahindra & Mahindra experienced an 18% sales increase, bucking the trend.
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PV sales continue on upward trajectory in February
Money Control
·
1y ago
Medial
Passenger vehicle (PV) sales in India have continued to rise for the second consecutive month in 2024, with carmakers delivering approximately 373,177 units to dealers. This marks the highest auto wholesales for February in any year, driven by strong demand for SUVs, positive consumer sentiment, increased availability of waitlisted models, and new rollouts. Overall, PV sales have increased by 11.3% year-on-year, reaching a total of 3,859,000 units for the April 2023-February 2024 period. Maruti Suzuki India, Hyundai Motor India, M&M, Tata Motors, MG Motor India, and Toyota Kirloskar Motor reported positive sales growth.
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