Maruti Suzuki July sales fell 1.1% to 1.08 lakh units

Maruti Suzuki July sales fell 1.1% to 1.08 lakh units

Maruti Suzuki India, the country’s largest carmaker, reported sales of 1.08 lakh units in July, down 1.1 percent year-on-year, but rose 88.2 percent on a monthly basis.

Sales in the compact (WagonR, Swift, Dzire, etc.), mid-size (Ciaz) and vans (Eco) segments led to a marginal year-on-year decline, while growth mini (Alto, S-Presso), utility vehicles (Ertiga, Vitara) Brezza, S-Cross, etc.) and light commercial vehicle segments.

“total sales of 1,08,064 units in July 2020. This is a growth of 88.2 percent over June 2020 and a fall of 1.1 percent over July 2019,” Maruti Suzuki said in its BSE filing.

“This includes domestic sales of 1,00,000 units and 1,307 units for other OEMs in the domestic market. In addition, the company exported 6,757 units in July 2020, down 27 percent YoY,” it added.

The company sold 97,768 vehicles in the passenger segment in the domestic market. While in the light commercial vehicle segment, it sold 2,232 units of the supercar model in July 2020. An increase of 28.9 percent over the 1,732 units sold in the same month last year.

In the utility vehicle segment, Maruti sold 19,177 units in July, up 26.3 percent from a year ago.

Related posts

Stocks in news April 17: TCS, M&M, ASI Industries, Reliance, JK Cement


India’s Foreign Exchange Reserves Surges To Over $461 Billion

Stock Investor

Punjab National Bank June 9th Shares fall 0.31%