Maruti Suzuki India domestic sales have grown by 21% in Aug 2020 – Alto, SPresso segment delivers record growth
For the first time since the start of Covid-19 pandemic lockdown, MSIL has posted convincing sales gain. Buying decisions deferred until now, dispatch of orders that weren’t competed during lockdown months, a good monsoon, rural area purchases, shift to personal mobility small cars, and the ongoing festive season are all contributing factors.
In all, Maruti Suzuki paints a picture of recovery, and sales growth. For a steller overall performance, the manufacturer has had to post sales growth across all segments, including exports. MSIL reported decline as 40.9 percent was its sales to other OEMs. This reduced to 1,379 units from 2,333 units in August 2019.
Following Toyota Glanza, MSIL will, now be delivering units of the newly announced Toyota Urban Cruiser compact car. Exports haven’t fully recovered and fell 15.3 precent, down at 7,920 units from 9,352 units.
Total domestic sales (PV plus CV) grew 21.7 percent up at 1,15,325 units from 94,728 units. Total sales is reported at 1,24,624 units, up from 1,06,413 units at 17.1 percent growth. YTD total sales are down 50 percent at 3,09,287 units.
In terms of growth, it was the Mini segment, which reported highest growth for Maruti. This segment includes Alto as well as S-Presso. This segment sales of 19,709 units, in comparison to 10,123 units sold in the same month last year. This is a growth of 94.7%. The reason this segment has delivered such a record growth, is because of S-Presso. Last year same month, S-Presso was not on sale.
It was the Compact segment, which posted highest sales. This segment includes WagonR, Swift, Celerio, Ignis, Baleno, Tour S, Dzire. This segment registered sales of 61,956 units in Aug 2020 as against 54,274 units in Aug 2019. The mid-size segment of Maruti offers Ciaz. Sales declined 23.4% to 1,223 units in Aug 2020.
Next best segment for Maruti, in terms of Aug 2020 sales, is the UV segment. In this segment, Maruti offers Gypsy (exclusively to Indian Army), Ertiga, S-Cross, Vitara Brezza, and XL6. Together, these cars managed sales of 21,030 units last month, as against 18,522 units in Aug 2019. That’s a growth of over 13%.
In the Light Commercial Vehicle segment, Maruti offers Super Carry. Sales in this segment has increased by over 47% to 2,292 units in Aug 2020. Sales to other OEM (Maruti selling Baleno to Toyota as Glanza), has declined in Aug 2020. Only 1,379 units were sold in Aug 2020, as against 2,333 units sold in same month last year.