Maruti Suzuki reports 16 pc dip in sales in 2019-20

Maruti Suzuki reports 16 pc dip in sales in 2019-20
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The country's largest carmaker Maruti Suzuki India (MSI) on Wednesday reported a 16.1 percent dip in total sales in 2019-20 at 15,63,297 units as slowdown and coronavirus pandemic took its toll on the auto sector. The auto major had sold 18,62,449 units in the 2018-19 financial year.

Domestic sales during 2019-20 declined 16.7 percent to 14,61,126 units as compared with 17,53,700 units in 2018-19, MSI said in a statement. The company reported a 47 percent decline in total sales at 83,792 units in March, it added.

It had sold 1,58,076 units in March 2019, MSI said in a statement. Domestic sales last month declined 46.4 percent at 79,080 units as against 1,47,613 units in March 2019, it added.

Sales of mini cars comprising Alto and WagonR in March 2020 stood at 15,988 units as compared to 16,826 units in the same month last year, down 5 percent. Sales of compact segment, including models such as Swift, Celerio, Ignis, Baleno, and Dzire, fell 50.9 percent at 40,519 units as against 82,532 cars in March 2019.

Mid-sized sedan Ciaz sold 1,863 units as compared to 3,672 units earlier. Similarly, sales of utility vehicles, including Vitara Brezza, S-Cross, and Ertiga, declined 53.4 percent at 11,904 units as compared to 25,563 in the year-ago month, MSI said.

Exports last month were down 55 percent at 4,712 units as against 10,463 units in the corresponding period last year, the company said.

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