Maruti Suzuki India has sold 153,106 vehicles in September. This is flat compared to the 150,885 vehicles sold last September. Compared to August, when the leading passenger vehicle market leader sold 156,114 vehicles, the September sales card is 2% higher led by 48% share of SUVs in terms of individual segment growth.
The top sellers for Maruti included the usual list including Brezza, Ertiga, Fronx, Grand Vitara, Invicto, Jimny. 6 of the top 7 models in September are from Maruti. However, the share of entry level cars have come down significantly on the sales chart. For the first half of FY24, between April and September, Maruti sold 873,107 passenger vehicles, up almost 10% compared to 794,550 cars sold in the same period last fiscal.
The spate of new launches, especially in the SUV segment and coupled with CNG variants for most has helped Maruti garner a reasonable growth pace, in terms of increase in monthly sales. The car maker has been seeing traction for the CNG variants of its new launches. Maruti Suzuki India’s Senior Executive Officer (Marketing & Sales), Shashank Srivastava said, “the Company surpassed half-yearly sales mark of 1 million unit 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% for industry and CNG sales went up by 25% for Maruti.” Rural penetration of Maruti has also increased to some extent.
In terms of exports, Maruti Suzuki shipped out 22,511 vehicles compared to 21,403 cars exported in September 2022, up 5% on a year-on-year basis. Overall the share of exports remained flat as compared to the vehicles sold in the first half of last fiscal.
